Eversheds Bianchini, the Italian office of law firm Eversheds, has advised Fondo Italiano di Investimento on its €7.5m for a minority stake in Brugola, an Italian manufacturer of components for the automotive industry.

Brugola will use the capital to help its expansion in the US, where it currently has one office. The cash injection is the first instalment of a deal announced in December, which could see Fondo Italiano invest up to €20m in the company to support its growth strategy

The Eversheds team was led by Marco Franzini, Partner and Head of Private Equity and Banking Practice in Italy, assisted by Associates Angelo Speranza and Nicola Zito.