UGHI E NUNZIANTE, TAMBURI INVESTMENT PARTNERS, WEIL, GOTSHAL & MANGES, HFW AND GILIBERTI TRISCORNIA E ASSOCIATI IN THE CLOSING OF THE ACQUISITION OF TELEMAR

Ughi e Nunziante assisted d’Amico Società di Navigazione S.p.A. in finalizing the transfer to the Marlink Group (owned by the private equity fund Apax Partners MidMarket SAS) of Compagnia Generale Telemar S.p.A., established in 1947 by some of the major Italian shipowners and leader in the maritime satellite communications sector.

The firm acted through a team led by partners Roberto Leccese and Giuseppe Coco. From a financial viewpoint, d’Amico was assisted by Tamburi Investment Partners.

With regard to corporate issues, Apax was assisted by Weil, Gotshal & Manges LLP and in relation to the financing of the transaction, by Holman Fenwick Willan LLP, together with Giliberti Triscornia e Associati, which managed all aspects of Italian law of the transaction, through partner Ilaria Zingali and associate Claudia Bonetti, for corporate aspects, and senior associate Davide Valli, for financing issues.

The lenders were assisted by Paul Hastings LLP.

The transaction followed the deal closed in May, through which Apax Partners purchased Marlink – another company at the forefront of the maritime satellite communications sector – with the intention of creating a world leader in the maritime communications sector, capable of generating an annual turnover of 450 million dollars with its 800 employees.