Nicolò Ascione

Paul, Weiss advised Nexture S.p.A., a portfolio company of Investindustrial specializing in the development and manufacturing of high-quality food ingredients and value-added solutions, on the U.S. and English law aspects of its issuance of €500 million of senior secured floating rate notes due 2032 and the upsize of its existing revolving credit facility. The transactions were made in connection with the acquisitions of Frulact, a global leading manufacturer of fruit and vegetable-based specialty ingredients headquartered in Portugal, and Sipral Padana, a multi-brand food ingredients solutions platform based in Italy. Proceeds from the notes offering were deposited into escrow pending completion of both acquisitions. The Paul, Weiss team was led by corporate partners Matthew Merkle, Stefan Arnold-Soulby, Nicolò Ascione and Neel Sachdev, and included tax partners Timothy Lowe and Cian O’Connor and counsel Samir Kurani.

Feb 9

1 min

Paul, Weiss advised United Group, a leading telecommunications player in southeastern Europe that is majority-owned by BC Partners, in connection with the issuance of more than €1.1 billion of senior secured floating rate notes and €355 million of holding company payment-in-kind (PIK) notes. Proceeds from the offering will be used to refinance existing debt. The Paul, Weiss team was led by corporate partners Matthew Merkle, Neel Sachdev, Kanesh Balasubramaniam, Nicolò Ascione and Marco Bagnato, and included tax partners Timothy Lowe and Cian O’Connor, and counsel Jamie Chambers, Samir Kurani and Patrick Karsnitz; litigation partner Nicole Succar; and executive compensation counsel Jake Glazeski.

Jan 30

1 min

Paul, Weiss advised investment funds managed by leading European private equity firm TDR Capital LLP on the M&A, debt financing, tax structuring and antitrust aspects of their acquisition of Acqua & Sapone from H.I.G. Capital and the founding Barbarossa family. Acqua & Sapone is Italy’s leading non-food discount retail brand selling a wide range of household and cosmetic products. H.I.G. and the founders retained an equity stake in Acqua & Sapone. Financial terms of the deal were not disclosed. The Paul, Weiss team was led by corporate partners Will Aitken-Davies and Rohan Dey, and included partners Neel Sachdev, Matthew Merkle and Nicolò Ascione; tax partner Timothy Lowe; antitrust partner Annie Herdman and counsel Lauren O’Brien; and intellectual property partner John Patten.

Oct 22

1 min

Paul, Weiss advised La Doria S.p.A., a portfolio company of Investindustrial and a leading European supplier of Italian speciality shelf-stable private label products, in the issuance of a €125 million high-yield bond. The Paul, Weiss team was led by corporate partners Matthew Merkle, Nicolò Ascione, Neel Sachdev and Stefan Arnold-Soulby, and included tax partner Cian O’Connor and counsel Samir Kurani.

Oct 23

1 min

Paul, Weiss is advising Stonepeak, a leading investment firm specializing in infrastructure and real assets, on the financing for its acquisition of Forgital Group from global investment firm Carlyle. Forgital is a top manufacturer of advanced forged and machine-finished components for aerospace and industrial end markets. The Paul, Weiss team is led by corporate partners Matthew Merkle, Eric Wedel, Neel Sachdev and associate Marco Bagnato, and includes partners Nicolò Ascione and Silvia Menendez; and tax partners Cian O’Connor and Timothy Lowe.

Dec 16

1 min