- Client:Advent International Corporation, Bain Capital LLC e Clessidra SGR SpA
- Date:December 2015
Financial institution, Financial Sponsor
- Mandate:Advisory to the consortium of private equity funds Advent International Corporation, Bain Capital LLC and Clessidra SGR SpA in the acquisition of a majority stake in Istituto Centrale delle Banche Popolari Italiane S.p.A. (“ICBPI”). ICBPI is an Italy-based company which provides business process outsourcing services to banks, financial institutions and insurance companies, and corporate & public administration. In particular, the company offers Electronic Payment Services (payment cards branded CartaSi), Securities Services, Contact Center Services (Help Line) and ICT Services (Oasi).
- Activities performed:
Assistance in the economic, financial and regulatory analyses;
assistance in defining the structure and the terms of transaction;
assistance in the due diligence activities;
assistance in preparing the regulatory approval application to Bank of Italy;
assistance in the negotiations and definition of the agreement with the counterparts;
coordination of the several consultants involved in the transaction.
- Deal value:€ 2,150 million