Equita joins Clairfield International and consolidates its role among the top 5 M&A advisors in Italy
By partnering with Clairfield, Equita boosts its position in the European market and significantly improves its ability to execute cross-border M&A transactions
Equita ranked No. 5 by number of deals and No. 2 by value in Mergermarket’s Italian M&A rankings for the first nine months of 2020
November 9th, 2020
Equita, the leading independent investment bank in Italy, announces it has joined Clairfield International (“Clairfield”), a global partnership of corporate finance boutiques specialised in M&A advisory to corporates, private investors, private equity funds, public institutions and family-owned businesses.
Andrea Vismara, Chief Executive Officer at Equita, commented: “By joining Clairfield International, we are sharing our core M&A advisory competences with highly-specialised corporate finance professionals, strengthening our ability to advise clients in cross-border transactions”. Mr. Vismara continued: “Today, Equita has also ranked among the top 5 M&A advisors in Italy, an important achievement that has been possible thanks to the continuous growth of the investment banking division and the team’s excellent track-record in assisting clients”.
Thanks to the partnership with Clairfield, the Equita’s investment banking team ranked 5th by number of deals and 2nd by value in Italian M&A rankings for the first nine months of 2020 (15 deals and Euro 16 billion respectively, on a pro-forma basis. Source: Mergermarket). Equita also ranked 1st among Italian advisors, assisting clients in large deals like Intesa Sanpaolo in the acquisition of UBI Banca or TIM in the sale of a minority stake in FiberCop to KKR, in addition to several clients in mid-market transactions like Business Integration Partners (assisted by Equita) in the acquisition of the British group Chaucer or the Italian company Negri Bossi (assisted by Equita K Finance) in the sale of a majority stake to the Japanese group Nissei Plastic Industrial. Earlier this year – following the acquisition of Equita K Finance – the investment banking team became the largest independent team in Italy with more than 45 professionals.
By entering the Clairfield partnership and gaining access to its partners’ sector expertise, Equita strengthens its ability to successfully execute cross-border M&A transactions, benefitting corporates, institutions and private equity clients with which the Group collaborates daily.
Clairfield (www.clairfield.com) was founded in 2005 by five European M&A advisory boutiques – including K Finance (now Equita K Finance) – and counts 35 offices in more than 20 countries across Europe, the Americas and the Asia-Pacific area. With more than 300 corporate finance professionals and industry experts, Clairfield focuses on the middle-market segment, designing and executing transactions of generally up to US Dollar 500 million. Clairfield takes advantage of the international partners’ sector expertise and their deep understanding of local regulatory environments and cultures, key success factor in cross-border transactions.
Clairfield is today one of the leading independent global corporate finance firms and among the top 10 players in the European M&A mid-market rankings (source: Refinitiv), with more than 139 deals closed in 2019 (Euro 3.2 billion in aggregate).