Yolo Group Acquires 51% Stake in Risorsa Uomo
Deal News | Dec 03, 2024 | Legal Community Italy
Yolo Group has successfully negotiated to acquire a 51% majority stake in Risorsa Uomo, a company specialized in commercial and managerial training. The legal advisory for the transaction was provided by Tonucci & Partners, led by Attorney Antonio Scognamillo. The firm focused on legal and fiscal aspects throughout the negotiations to ensure a solid agreement that aligned with Risorsa Uomo's strategic growth objectives. This transaction marks a significant milestone for Risorsa Uomo in expanding its capabilities. The closing of the transaction is expected by the end of 2024.
Sectors
- Legal Services
- Training and Education
- Insurance Tech
Geography
- Italy – The companies and legal advisors involved are based in Italy, influencing the geographical focus of the transaction.
Industry
- Legal Services – This sector is relevant as Tonucci & Partners provided legal advice during the transaction.
- Training and Education – Risorsa Uomo operates in this industry, focusing on commercial and managerial training.
- Insurance Tech – Yolo Group is involved in insurtech, which encompasses innovative technologies in the insurance sector.
Financials
- 51% – The stake acquired by Yolo Group in Risorsa Uomo.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Yolo Group | Buyer | Company | An insurtech company acquiring a majority stake in Risorsa Uomo. |
| Risorsa Uomo | Target Company | Company | Company specialized in commercial and managerial training that Yolo Group is acquiring. |
| Tonucci & Partners | Legal Advisor | Company | Provided legal and fiscal advisory for the transaction on behalf of Risorsa Uomo. |
| Antonio Scognamillo | Lead Lawyer | Person | Attorney at Tonucci & Partners who led the legal advisory team for the transaction. |