M&A - Private Equity

Private Equity industry, called "PE" in English and "投资" in Chinese, is a practice area where we ease your operations on a fiscal and legal basis. Our team is fresh and innovative, transparent, and manages all its resources under active, pro-active, trustworthy leadership well recognized by both clients and associates.

We manage all information with privacy, discretion, and full comprehension of client objectives. Namely, we scrutinize our theories and conjectures about the outcomes of every operation, with special attention to refutations arising from the reality of a deal. Our method is a constant comparison of virtual data on persons (managers, partners, bankers) with real information and details (we privilege face-to-face meetings, direct talking, and briefing after the virtual due diligence in our data rooms).

Our experience includes private equity funds, management of teams, management of equity co-investors, and management of relationships with senior and subordinated lenders.

SMAF & Associates (with seats in Milan, Rome, and Bologna) advises private equity funds on the acquisition and disposal of companies, as well as on any legal issues that arise during ownership of a company.

Instructed by the client we carry out an initial analysis of a company (the due diligence process, the following contractual arrangements with the seller and the arrangements of financing):

• Implementation of new management structures
  

• Mergers & Acquisitions
  

• Tax and conflict of interest checks
  

• Corporate finance and debt finance
  

• Securities issues
  

• Negotiation of bridge loans and emergency loan documents
  

• Senior and subordinated loans (syndicated or "club deals")
  

• Non-registered shelf arrangements
  

• Equity finance and related arrangements
  

• Divestitures and restructurings of portfolio companies
  

• Regulatory compliance of funds and portfolio investments
  

• Fund formation, management, corporate governance, and exit strategies (at the portfolio or fund level + IPOs)
  

• Monetizing intellectual property assets