DEPARTMENTS MERGERS & ACQUISITIONS, PRIVATE EQUITY
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PAVIA E ANSALDO AND NCTM IN THE ACQUISITION OF ATLANTIC STARS BY ALCEDO

Milan, 16 May 2018 – Law firm Pavia e Ansaldo, with a team led by partners Alberto Bianco and Marina Balzano and made up of Dario RovelliGiulio Asquini and Nicoletta Botta, assisted Alcedo SGR in the acquisition, through the Fund Alcedo IV, of 60% of Atlantic Stars, an emerging brand in the world of premium sneakers, an icon of the Made in Italy.

Alcedo bought the stake from the four founders Alessandro Squarzi, Cristiano Martelli, Gian Luca Zucchelli and Matteo Zoni. The founders, who will maintain a 40% share in the company and will keep their roles in the enterprise for questions of style, production and distribution, were assisted in the sale and reinvestment, by Nctm for legal aspects with partner Pietro Zanoni, assisted by da Cesare Saputo and Isabella Antolini, and for tax matters, by Gian Luca Martelli and Riccardo Zavatta.

Over the last years Atlantic Stars experienced a strong growth in Italy and abroad, emerging as one of the most successful brands in the premium segment of a market that is in extraordinary expansion on a global scale. The brand operates a showroom in Milan and a flagship store in Tokyo, and distributes its products worldwide through a network of about 500 multibrand shops, as well as various corner and shop-in-shops in Europe, Korea and Japan.

Alcedo was also assisted by PwC, for the financial and tax Due Diligence and for the structuring of the transaction, and by Bain & Company, which performed the Business Due Diligence.

Ethica Corporate Finance acted as financial advisor of the transaction, with Fausto Rinallo and Giorgio Carere.