Impresoft, an Italian group active in the enterprise software and technology consulting market, controlled by Clessidra Private Equity, and Lodestar, an Italian group focused on the Microsoft ecosystem that supports organizations in their digital transformation and AI adoption journeys, controlled by Renaissance Partners, have announced that they have reached an agreement for the transfer of 4ward – a company specializing in AI infrastructure and cybersecurity – from Impresoft to the Lodestar Group.
The transaction is part of Impresoft’s strategic evolution path, as the Group intends to focus resources and investments on its priority growth areas – proprietary software, digital transformation consulting and AI-based solutions – while also leveraging 4ward’s industrial fit with the Lodestar platform.
LCA advised Impresoft and Clessidra on the transactional aspects, with a team composed of Benedetto Lonato, Riccardo Massimilla, Virginia Cella and Laura Scarola, as well as Giuseppe Serenelli, Emilio Barozzi, Chiara Petricone, Giancarlo Aiello, Francesca Rucco, Lorenzo Vassalli, Giulia Maria Bellone, Arianna Basso, Alessandro Mariotti, Giovanni Bernardelli and Carola Corini for the vendor due diligence activities.
For the financing aspects, Impresoft and Clessidra were assisted by the international law firm White & Case, with a team composed of partners Stefano Bellani and Luca Maffia and associates Nicola Tosin and Amedeo Bardelli, all from the Milan office.
Lodestar and Renaissance Partners were assisted by Gatti Pavesi Bianchi Ludovici for the legal aspects, with a team led by equity partner Gianni Martoglia, assisted by partner Silvia Palazzetti, managing associate Marco Malesci, and associates Fernanda Mottura, Andrea Garbarino, Sabrina Marino and Costanza Ettorre. The debt aspects were handled by equity partner Marc-Alexandre Courtejoie and associate Riccardo Barreca.
Vitale assisted Lodestar with the financing of the transaction, which will be provided by Ardian Credit and Partners Group.
On the financial advisory front, Impresoft was assisted by Rothschild & Co as financial advisor, by PwC for accounting and financial aspects, and by Alonzo-Committeri & Partners for tax aspects. Lodestar was assisted by Nomura as financial advisor, by New Deal Advisors for accounting and financial aspects, and by Chiaravalli Reali e Associati for tax aspects.
Read the full article: Legalcommunity
