Loan Agency Services acted as the Security Agent in the financing obtained by Protos S.p.A., a leading independent technical consultancy firm, with a team led by Equity Partner Domitilla de Nucci, supported by Manager Tatiana Iaizzo, Associate Giammarco Panunzi and Analyst Gaetano Fioretti.
The transaction involved the acquisition of a controlling stake in Protos by H.I.G. Capital, in partnership with the current management team of the group.
The buyer was advised by the law firm Pavia e Ansaldo, with a team led by Partner Alberto Bianco, covering all M&A and corporate aspects related to the due diligence and contractual matters. Partner Francesco Vitella was involved in the labor law aspects of the transaction.
H.I.G. was also supported by Advant Nctm for all aspects related to the financing, with a team coordinated by Partner Giovanni de’ Capitani di Vimercate and Counsel Bianca Macrina, and for the tax due diligence, with a team led by Partner Emidio Cacciapuoti and Counsel Davide Massiglia. The structure of the transaction was handled by Spada Partners, with a team led by Partner Guido Sazbon.
Legance advised Protos and the selling shareholders on all legal and tax aspects related to the sale and reinvestment, with a team led by Partners Gian Paolo Tagariello and Claudia Gregori.
The transaction was financed through a senior unitranche loan provided by Capza, a pan-European private capital platform focused on small and medium-sized companies, with assistance from a team at Orrick coordinated by Partner Marina Balzano and Of Counsel Giulio Asquini. It was also financed through a super senior loan provided by Crédit Agricole Italia, advised by Chiomenti with a team led by Partners Davide D’Affronto and Nicholas Lasagna, Counsel Maria Ilaria Griffo and Fraser Wood, and coordinated by Of Counsel Maurizio Fresca for the tax aspects.
