Nexi S.p.A’s Merger With Nets A/S

Legance, Linklaters, KPMG, Pirola Pennuto Zei & Associati, Freshfields Bruckhaus Deringer LLP and BSP advised on the deal.

Nexi completed the merger with Nets, the combined Group will be a leading European PayTech with unique capabilities, distribution network, breadth of offering and with an overall addressable market expanded 4x compared to Nexi standalone.

Nexi is the leading PayTech company in Italy, the reference point for digital payments in the country. The company, listed on MTA of Borsa Italiana, operates in strong partnership with 150 partner banks.

The transaction gives Nexi greater exposure to attractive fast-growing and underpenetrated regions of Europe. The combined Group will be well positioned to capture further organic and inorganic growth opportunities. This is underpinned by the addressable market size and favourable industry dynamics
such as the accelerated shift towards digital payments across Europe and increased demand for a full-service payment provider.

The merger has received all the required regulatory approvals and became effective 1 July 2021, after publication of the prospectus for the listing on the MTA of the Nexi shares to be issued as effect of the
merger.

BSP acted as Luxembourg counsel, assisting Nexi in the merger with Nets. The BSP team was led by Linda Harroch, Partner and Head of the Private Equity department at BSP, and composed of Yseult Tournebize, Counsel.

Legance advised Nexi, Advent, Bain and Clessidra with a team composed of  Alberto Giampieri, Filippo Troisi, Andrea Botti, Stefano Bandini, Federico Vitale, Carlotta Giani, Diego Valenti, Marco Cardello,  Antonio Siciliano, Silvia Cecchini, Marco Gagliardi e Mario Mazzotta Junior, Vito Auricchio, Guendalina Catti De Gasperi, Valerio Mosca, Marco Penna, Giuseppe Alessandro, Andrea Mazzoni, Alberto Maggi, Serena Commisso.

Linklaters advised Nexi with a team composed of Hugo Stolkin, Anna Ferraresso, Francesca Cirillo, Ugo Orsini, Alessandra Ortelli, Daniel Bergman, Claudia Wagner, Stephanie Floras.

KPMG advised Nexi with a team composed of Arturo Betunio, Marco Foresti, Valeria Russo and Pietro Negri.

Pirola Pennuto Zei & Associati advised Mercury UK HoldCo Ltd, Advent, Bain and Clessidra with partners Stefano Tronconi and Nathalie Brazzelli.

Freshfields Bruckhaus Deringer LLP advised Nets with a team composed of Luigi Verga, Nicola Asti, Edoardo Avato, Antonella Camilli, Ermelinda Spinelli.

Involved fees earner: Linda Harroch – Bonn Steichen & Partners; Yseult Tournebize – Bonn Steichen & Partners; Nicola Asti – Freshfields Bruckhaus Deringer LLP; Edoardo Avato – Freshfields Bruckhaus Deringer LLP; Antonella Camilli – Freshfields Bruckhaus Deringer LLP; Ermelinda Spinelli – Freshfields Bruckhaus Deringer LLP; Luigi Verga – Freshfields Bruckhaus Deringer LLP; Arturo Betunio – KPMG; Marco Foresti – KPMG; Pietro Negri – KPMG; Valeria Russo – KPMG; Giuseppe Alessandro – Legance; Vito Auricchio – Legance; Stefano Bandini – Legance; Andrea Botti – Legance; Marco Cardello – Legance; Guendalina Catti De Gasperi – Legance; Silvia Cecchini – Legance; Serena Commisso – Legance; Marco Gagliardi – Legance; Alberto Giampieri – Legance; Carlotta Giani – Legance; Alberto Maggi – Legance; Andrea Mazzoni – Legance; Mario Mazzotta – Legance; Valerio Mosca – Legance; Marco Penna – Legance; Antonio Siciliano – Legance; Filippo Troisi – Legance; Diego Valenti – Legance; Federico Vitale – Legance; Daniel Bergman – Linklaters; Francesca Cirillo – Linklaters; Anna Ferraresso – Linklaters; Stephanie Floras – Linklaters; Ugo Orsini – Linklaters; Alessandra Ortelli – Linklaters; Hugo Stolkin – Linklaters; Claudia Wagner – Linklaters; Nathalie Brazzelli – Pirola Pennuto Zei & Associati; Stefano Tronconi – Pirola Pennuto Zei & Associati;

Law Firms: Bonn Steichen & Partners; Freshfields Bruckhaus Deringer LLP; KPMG; Legance; Linklaters; Pirola Pennuto Zei & Associati;

Clients: Advent International; Bain Capital; Clessidra; Hellman & Friedman; Mercury UK HoldCo Limited; Nets Holding A/S; Nexi S.p.A.;