CVC Capital Partners Fund VIII’s Acquisition of a Majority Stake in Business Integration Partners S.p.A.

Elvinger Hoss Prussen advised CVC Capital Partners Fund VIII on the deal.

CVC Capital Partners Fund VIII completed the acquisition of a majority stake in Business Integration Partners S.p.A., a leading Italian player operating in the strategic advisory area. 

Following completion of the transaction, CVC will become the new majority shareholder of BIP, while BIP Chairman Nino Lo Bianco, CEOs Carlo Capè and Fabio Troiani and other equity partners will continue as shareholders and in their management roles.

CVC Capital Partners is a leading private equity and investment advisory firm with approximately US$118 billion of assets under management. CVC Funds are invested in over 90 companies worldwide, which have combined annual sales of approximately US$100 billion and employ more than 450,000 people.

BIP, founded in Italy in 2003, is a leading multinational consulting firm employing with presence in 13 countries, employing more than 3,500 people world-wide, with a turnover of 315 million euros in 2020 (an increase of 31% compared to 2019).

The Elvinger Hoss Prussen team, led by partner Katia Panichi (Picture) and composed of senior associate Fiorenza Cingolani and associates Pauline Bruguière and Constance Chuillet advised on the corporate, M&A and financing Luxembourg law aspects of the transaction.  

Involved fees earner: Pauline Bruguière – Elvinger Hoss Prussen; Constance Chuillet – Elvinger Hoss Prussen; Fiorenza Cingolani – Elvinger Hoss Prussen; Katia Panichi – Elvinger Hoss Prussen;

Law Firms: Elvinger Hoss Prussen;

Clients: CVC Capital Partners;

Author: Naoual Sadouqi