Gattai, Minoli, Partners with Axitea in the composition with creditors
The Firm advised Axitea, a leading company active in the private security sector in Italy, in the early settlement of the execution phase of the composition with creditors on a going concern basis (concordato preventivo con continuità aziendale) to which it had been admitted in November 2016.
The private equity fund Stirling Square Capital Partners was involved in the proceedings, as assignee, through a securitization transaction, of the financial receivables vis-à-vis Axitea, then converted into equity financial instruments.
Axitea and Stirling Square Capital Partners have been advised by a multidisciplinary team coordinated by Counsel Riccardo Sgrò, who, together with Senior Associate Elena Calzavara and Associate Matteo Zoccolan, advised on the restructuring profiles of the transaction. Partner Valentina Lattanzi, Counsel Salvatore Graziadei and Associates Leonardo Tripaldi and Marcello Rivoir have been involved with concern to the securitization profiles, while Partner Federico Bal and Associate Edoardo Pistone advised on corporate aspects. Tax profiles were instead handled by Counsel Alban Zaimaj and Senior Associate Valentina Buzzi.