Alessandro Seganfreddo

Partner, Milan

Biography

Overview

Alessandro Seganfreddo is an Italian qualified lawyer with over 15 years of experience in public and private M&A, Private Equity, Capital Markets, Corporate and venture capital. Alessandro regularly assists Italian and international private equity sponsors and venture capital, industrial clients and investment banks on cross-border and domestic transactions in a number of sectors - including healthcare, financial services, retail and consumer products, infrastructure and transport, pharmaceutical, technology, media and telecommunications. He also provides assistance and advice on a variety of matters of general corporate and commercial law.

Alessandro is recognized as a Next Generation Partner by The Legal 500 2022 and as a notable practitioner in M&A and Private Equity by IFLR1000 2022. In 2020 Alessandro was ranked among the 10 most active M&A lawyers of Italy by Mergermarket. Alessandro was ranked among the elite lawyers for M&A Mid-Market and among the most active lawyers for Large and Small Cap deals at the 2021 Milano Finanza Legal Awards.

Bars and Courts
Italian Bar
Education
JD (Juris Doctor)
University Luigi Bocconi, Milan, Italy
Languages
English
Italian

Experience

Private Equity

Peninsula Capital's acquisition of an interest in MC2 Saint Barth, 2022
Alessandro advised UK investment firm Peninsula Capital in connection with its acquisition of a 40 percent stake in MC2 Saint Barth, a leading Italian holiday wear brand. In the context of the transaction, Peninsula Capital acquired minority stakes in St. Barth S.r.l., the company operating the entire production chain, and in Lanikai S.r.l., the company holding the branch related to retail stores.

White Bridge's acquisitions of Delta Med Group, Adria Med, Pentaferte and Securmed, 2021-2022
Alessandro advised White Bridge Investments II S.p.A. in connection with its acquisition, through an acquisition vehicle indirectly controlled by White Bridge, of the entire share capital of Delta Med S.p.A., a leading company specialising in the development and production of medical devices. Alessandro also advised Delta Med Group in connection with its acquisition of (i) infusion medical device companies Pentaferte SAS and Securmed S.p.A.; and (ii) Adria Med S.r.l., another Italian company active in the medical device industry.

Peninsula Capital's acquisition of Isem, 2022
Alessandro advised Independent UK investment firm Peninsula Capital in connection with its acquisition of Isem S.r.l., a leading European company in the luxury packaging sector and one of the few to offer an integrated logistics service that counts among its customers world-leading groups such as L'Oreal, Shiseido and Coty.

Macquarie's €2.5 billion EV acquisition of Reden Solar, 2022
Alessandro advised Macquarie Asset Management, in a consortium with British Columbia Investment Management Corporation (BCI) and MEAG Munich Ergo Assetmanagement GmbH (MEAG), in connection with its €2.5 billion EV acquisition of Reden Solar from InfraVia Capital Partners and Eurazeo.

Universal Clinics and Genera sale to KKR funds, 2021
Alessandro advised the founders and managers of Universal Clinics and Genera, a paneuropean group active in the healthcare and human fertility, in connection with the sale jointly with Investindustrial of their shareholdings to the KKR funds and their reinvestment alongside KKR.

Peninsula Capital's acquisition of a majority stake in D.M.O. Pet Care, 2021
Alessandro advised Independent UK investment firm Peninsula Capital in connection with its acquisition, through an investment vehicle jointly controlled by Peninsula and Azimut Libera Impresa SGR S.p.A., of a 75 percent stake in D.M.O. Pet Care s.r.l., a leading Italian pet food and care retail chain operating under the brand 'Isola dei Tesori'.

Antin's acquisition of a majority stake in Hippocrates, 2021
Alessandro advised Antin Infrastructure Partners in connection with its acquisition of a majority stake in Hippocrates Holding, an Italian pharmacy group, from its co-founders and other shareholders.

CVC's acquisition of the Recordati Group, 2018
Alessandro advised an investment consortium led by CVC Capital Partners including PSP Investments and StepStone, in connection with the €3 billion acquisition from the Recordati family of the holding company that owns a 51.8 percent stake in the Italian pharmaceutical group Recordati.

FSI's investment in Adler Group, 2018
Alessandro advised FSI in connection with the investment by FSI and Adler Plastic in Adler Group. Adler Plastic will own 72 percent of Adler Group, while the remaining 28 percent will be owned by FSI. According to the terms of the investment, FSI may invest up to a total of €200 million in Adler Group.

BC Partners' acquisition of DentalPro, 2017
Alessandro advised private equity fund Summit Partners and its portfolio company DentalPro in connection with the acquisition of DentalPro by private equity fund BC Partners.

Strategic Corporate M&A

Valeas' sale, 2022
Alessandro advised the seller in connection with the sale of the entire share capital in Valeas S.p.A., a Milan based pharmaceutical company active in the Italian market.

Advanz Pharma's acquisition of a stake in Intercept Pharmaceuticals, 2022
Alessandro advised Advanz Pharma, a UK-headquartered pharmaceutical company with a strategic focus on specialty and hospital pharmaceuticals in Europe, in connection with its acquisition of the majority of Intercept Pharmaceuticals, Inc.'s subsidiaries and operations in Europe, Canada, and all other markets outside of the US.

Eon's acquisition of stake in Carbon Dream, 2022
Alessandro advised Eon, in connection with the acquisition of a minority stake in Carbon Dream, a leader in the design, engineering, processing, manufacturing and marketing of high-tech carbon components and superlight materials.

Victoria's acquisitions of Ceramiche Santa Maria, Ceramica Colli and Vallelunga, 2020-21
Alessandro advised Victoria PLC, a UK-based multinational company operating in the flooring sector and listed on the London Stock Exchange's AIM market, in connection with the purchase of (i) shares of Ceramiche Santa Maria, a ceramic tile manufacturer, (ii) business units from Ceramica Colli and Vallelunga, both ceramic tile distributors, and (iii) Ceramiche Ascot S.p.A.

Alisarda's sale of Geasar, 2021
Alessandro advised Alisarda S.p.A. in connection with the sale of Geasar S.p.A., the company that manages Olbia Costa Smeralda Airport in Sardinia, to Italy's largest independent infrastructure fund manager F2I.

DentalPro's acquisitions of Vitaldent, I.Denticoop, ClinioDent and Doctor Dentist, 2018-2021
Alessandro advised BC Partners and its portfolio company DP Group S.p.A, the holding company of DentalPro, in connection with its acquisition of: (i) Vitaldent Italia; (ii) a majority interest in I.Denticoop S.r.l.; (iii) a majority interest in Swiss-based dental clinic group ClinioDent Holding AG; and (iv) the dental clinics group Doctor Dentist.

Klarna's acquisition of Moneymour, 2019
Alessandro advised Klarna, one of the world's leading smooth shopping and payment providers, in connection with the acquisition of Moneymour S.r.l., an Italian payment company, from the founders and minority investors;

Angelini's acquisition of ThermaCare business, 2019
Alessandro advised Angelini S.p.A. in connection with its worldwide acquisition, outside North America, of ThermaCare business from GlaxoSmithKline (GSK). The transaction is connected to the acquisition of Pfizer's Consumer Health Business by GlaxoSmithKline and the subsequent creation of a joint-venture between GSK and Pfizer.

FIMER's acquisition of ABB's solar inverter business, 2019
Alessandro advised FIMER S.p.A., a leader in the inverter market for the renewable energy, in connection with an agreement to acquire ABB's solar inverter business.

Energean Oil & Gas' US$750 million acquisition of Edison Exploration & Production, 2019
Alessandro advised Energean Oil & Gas plc in connection with its acquisition of Edison Exploration & Production S.p.A. for US$750 million, with additional contingent consideration of US$100 million payable following first gas from the Cassiopea development (expected 2022), offshore Italy.

Public M&A

BC Partners' €2.1 billion acquisition of SOFIMA's shares, 2021
Alessandro advised BC Partners in connection with BC Partners' acquisition of an up to approximately 45 percent stake in SOFIMA, the holding company that controls IMA S.p.A., for a total value of almost €2.1 billion. White & Case advised also on the financing, capital markets and regulatory aspects of the transaction.

Corporacion America Airports' sale of a 25 percent stake in Corporacion America Italia, 2018
Alessandro advised Corporacion America Airports in connection with its sale of a 25 percent stake in its Italian subsidiary, Corporacion America Italia S.p.A., to an acquisition vehicle owned by the Investment Corporation of Dubai.

Libero Acquisition's sale of its 70 percent interest in DADA, 2017
Alessandro advised Libero Acquisition S.a.r.l. in connection with the sale of its approximately 70 percent interest in DADA S.p.A., a company listed on the STAR segment of the Italian stock exchange, to HgCapital Partners.

Equity Capital Markets

BC Partners and SOFIMA's €946 million MTO on IMA's shares, 2021
Alessandro advised BC Partners and SOFIMA in connection with the mandatory tender offer on all the outstanding shares of I.M.A. Industria Macchine Automatiche S.p.A. for a total value of approximately €946 million.

Italiaonline's €210 million VTO, 2019
Alessandro advised Libero Acquisition S.à r.l. in connection with the €210 million leveraged recapitalization of Italiaonline S.p.A., carried out via, inter alia, the launch of a voluntary tender offer on all the outstanding shares of Italiaonline.

BAML's fairness opinion in the context of YOOX VTO, 2018
Alessandro advised Bank of America Merril Lynch in connection with its fairness opinion issued to the Board of Directors of YOOX Net-A-Porter Group S.p.A. in the context of the €2.7 billion voluntary public tender offer for all the ordinary shares of YOOX Net-A-Porter Group S.p.A., listed on the "mercato telematico azionario" organized and managed by Borsa Italiana S.p.A.

Banca Popolare di Milano's rights' issue, 2014
Alessandro advised the Underwriters Barclays, Citi Group, Deutsche Bank, JP Morgan and Mediobanca in connection with the €500 million rights' issue of Banca Popolare di Milano.

Banca IMI on World Duty Free IPO, 2013
Alessandro advised Banca IMI in connection with the listing on the Italian Stock Exchange of World Duty Free, the €1.83 billion spin-off company of Autogrill.

De'Longhi Soparfi's block trade, 2012
Alessandro advised De'Longhi Soparfi S.A. in connection with a block trade valued at €114 million for approximately 8% of De'Longhi's 11,960,000 ordinary shares sold to institutional investors.

Awards and Recognition

Corporate and M&A
Notable practitioner: IFLR1000 2022
Next generation partner: The Legal 500 2022
Ranked among the 10 most active M&A lawyers in Italy, Mergermarket 2020
Ranked among the elite lawyers for M&A Mid-Market and among the most active lawyers for Large and Small Cap deals at the Milano Finanza Legal Awards 2021.

Private Equity
Notable practitioner: IFLR1000 2022
Next generation partner: The Legal 500 2022