HIG Capital, one of the leading international investment funds in private equity and alternative assets with $62 billion of capital under management, sold through an affiliate its portfolio company DGS SpA, primary player in the Italian IT market, to ICG, global leader in alternative asset management, with $98 billion in assets under management.

Vincenzo Fiengo and Salvatore Frosina, co-founders and co-CEO of DGS, who shall reinvest jointly to ICG, will remain at the helm of the Group.

PedersoliGattai advised ICG with a team composed, in relation to corporate law aspects, of Gerardo Gabrielli (partner), including Carolina Gattai and Cristina Riva (counsels); while the due diligence was manged by Nicola Martegani (senior counsel) and Clara Balboni (senior associate). Lorenzo Vernetti (partner) with Federico Tropeano (counsel) and Viola Mereu (associate) provided assistance in relation to finance aspects. Tax issues were managed by Cristiano Garbarini (partner) with Alban Zaimaj (senior counsel) and Clementina Bastianutti Riccioni (senior associate). Assistance in relation to antitrust matters was provided by Fabiana Campopiano (senior counsel) with Anna Lizzi and Anna Di Foggia (associates).