Equita expands its Investment Banking business and strengthen its Industrial Team with senior appointment. Edoardo Schiavina joins as Managing Director

Equita strengthens its advisory team and the coverage of entrepreneurs and large corporates in the industrial sector by appointing Edoardo Schiavina as Managing Director

Milan, December 13th 2022

Equita, the leading independent investment bank in Italy (“Equita” or the “Group”), continues to grow and diversify its Investment Banking division, strengthening its Industrial advisory team with the hiring of Edoardo Schiavina as Managing Director.

Prior to joining Equita, Mr. Schiavina has worked at Lazard for the past 14 years, covering both domestic and cross-border M&A transactions, in addition to special situations. In his professional career, Mr. Schiavina has taken part in more than 30 industrial transactions for a total value of more than 25 billion euros. He joins Equita as Head of Industrial, entering the partnership of senior professionals that distinguishes Equita in the market.

The hiring of Mr. Schiavina will strengthen the Group’s capabilities in the Industrial sector, a strategic area of the Italian economy. His hiring follows the appointment of a number of other senior professionals completed by Equita in 2022 and reinforces the Group’s position as the leader among independent M&A advisors in Italy.

Equita’s growth in the Industrial sector mirrors expansion in other verticals such as Consumer and FIG (Financial Institutions Group) and is part of the wider Group’s Equita 2024 strategy to build a leading independent investment banking platform in Italy. As outlined in its three-year business plan. the Group will continue to scale up its senior team, making new partnerships across Italy and further diversifying the offering, while enhancing verticals where Equita already has an established position.

Carlo Andrea Volpe, co-head of Investment Banking and Head of Advisory, commented: "We are very proud with the work the team has done so far. During 2022 we were able to attract several senior professionals with international backgrounds and established careers. This is a strong example of how our partnership model is appreciated by the industry and how the Equita brand is today perceived among leaders in independent advisory. This is an incentive for us to continue with our growth strategy and to continue to invest in our future."