Norton Rose Fulbright has advised UniCredit (as Mandated Lead Arranger, Bookrunner and Facility/Security Agent) and GE Capital (as Mandated Lead Arranger) in connection with the debt package supporting the acquisition by international private equity firm Ardian of a majority stake in RGI S.p.A. from 21 Investimenti, Quadrivio and other shareholders. RGI’s founder, Paolo Benini, and other managers, including CEO Vito Rocca, will maintain a shareholding in the company. The syndicate of lenders is comprised of UniCredit, GE Capital, UBI Banca and Banco Popolare.

RGI specializes in software development for insurance companies, covering the entire spectrum of insurance policy management through the provision of software and advisory services. It has a leading position in the Italian market and, thanks to the support of its new shareholder, Ardian, is set to expand its international platform, which already covers Germany, France, Ireland and Tunisia.

The Norton Rose Fulbright team was led by banking partner Mario Lisanti and included partner Claudio Grisanti (for tax matters), senior associate Domenico Petrone and trainees Renato Morante and Alexander Smyth-Osbourne, all based in Milan. Ardian was advised by Gattai, Minoli & Partners.