Cappelli RCCD con Three Hills Capital Solutions III nell’accordo di investimento con Gorent
CAPPELLI RCCD assisted the Three Hills Capital Solutions III fund of Three Hills Capital Partners (THCP), an investment company specialising in innovative and flexible solutions for entrepreneurs and managers operating on the European mid-market, in its investment agreement with the current shareholders (Furio Fabbri and the Mazzini Family) of Gorent, a company specialising in urban hygiene vehicle hire. THCS III has allocated EUR 50 million in order to support the company’s organic growth and the buy-back of certain minority shareholders.
Founded in 2002, Gorent specialises in the short and long-term vehicle hire for urban hygiene and waste management services, and partners with both public administrations and private companies. It currently manages a fleet of over 1,100 various types of vehicles, ranging from compactors to sweepers, around 90% of which are new generation technologies or powered by sustainable sources.
Gorent, an Italian leader in this specialised market, is rapidly expanding internationally and is present in France and Spain, as well as having recently opened offices in Poland, Portugal and the Baltic States. The transaction also includes EcoEnergy, a group company specialising in waste collection services and the recycling of household cooking oil.
The investment will take place through a preferential capital instrument, in conjunction with which THCP will acquire a 29% stake in the group. The capital provided by THCP will enable Gorent to continue to invest in its infrastructure and expand its international presence.
THCP was advised on the legal side by Cappelli RCCD, with Senior Partner Roberto Cappelli, Partners Valentina Dragoni and Morena Bontorin, assisted by Counsel Silvia Pasqualini, associates Raffaella Ceglia and Alessandro Antoniozzi and junior associate Raffaela Tortora.
Financial advisor: Rothschild, with Nicola Paini and Vitale & Co., particularly by partner Riccardo Martinelli and senior associate Vito Morgese.
Tax Structuring: Simmons & Simmons, with Partner Marco Palanca, Supervising Associate Davide Pellegrini and Trainee Giulia Aglialoro.
Gorent was instead provided with advisory services:
Legal: BLF, with Giulio Pinetti and Giovanni Ludergnani
Tax Structuring: Studio Gori, with Sauro Settesoldi
Sellside Advisor, KON with Vincenzo Ferragina, Emanuele Graziano; UniCredit with Marco Miglierina<Back