Pemberton Asset Management entered into an agreement for the financing of the acquisition of a majority interest in Cebat Group, Italy’s leading utility infrastructure service provider specialising in the installation of utility networks and maintenance services for the upgrading and modernisation of electricity, water and telecommunication networks.

The acquisition by Tikehau Capital, a leading global alternative asset management company, was announced last July but the details of the financial transaction had not been disclosed yet.

The financing transaction has been structured in the form of a private placement bond loan and subscribed by investment funds connected with Pemberton Asset Management.

PedersoliGattai advised Tikehau Capital with a team composed, for all financing aspects of the transaction, of Lorenzo Vernetti (partner), with Marcello Legrottaglie (senior counsel) and Enrico Fontanini (associate). Tax aspects of the transaction were managed by Alban Zaimaj (senior counsel) and Clementina Bastianutti Riccioni (senior associate).