Tremonti prepares the Intesa Sanpaolo-Nextalia training lunch
There is also the Tremonti firm among the advisors of the agreement between Intesa Sanpaolo and Nextalia (founded by Canzonieri, formerly Mediobanca) for a new company. And Palenzona also recommends Nextalia. Facts, names and curiosities
Messina (Intesa Sanpaolo) and Canzonieri (Nextalia) more and more in symbiosis also in sectors lateral to the classic banking activity. Here are all the details.
WHAT INTESA SANPAOLO AND NEXTALIA WILL DO
Intesa Sanpaolo and Nextalia sgr, on behalf of the Nextalia Private Equity Fund, have defined an agreement aimed at creating a new reality, leader in training and digital learning, leveraging Intesa Sanpaolo's innovative learning infrastructure.
THE OBJECTIVES OF INTESA AND NEXTALIA
The company will be called Digit'Ed and will address both the business segment, i.e. large companies, small and medium-sized enterprises, public administration and professional associations, and the consumer segment, also in collaboration with Italian and international institutions, thus responding to growing needs of the training market, linked to digital transformation, the evolution of skills and re-skilling.
TREMONTI AND NOT ONLY
The number of advisors who handled the transaction was significant: Intesa Sanpaolo was assisted in the transaction by the Pedersoli studio as legal consultant; Nextalia SGR was assisted by Vitale & Co. as financial advisor, for the corporate profiles by the Cappelli RCCD law firm, for the tax profiles by the Tremonti studio, for the labor law profiles by the Sanzo Vascello studio and for the IT profiles by the Orrick studio. .
THE SIGHTS OF THE NEW COMPANY
But what will the company promoted by the group headed by Messina and by the asset management company founded by the former Mediobanca, Canzonieri, do? Digit'Ed's training offer will be focused on solutions of excellence to support the development of specific skills for the digital and ecological transition, also through an investment plan in the most modern learning technologies, starting from artificial intelligence, to provide an increasingly effective and high-quality training experience.
WHAT THE AGREEMENT BETWEEN INTESA AND NEXTALIA PROVIDES
The binding agreement provides for the acquisition, by a newly established company, of Intesa Sanpaolo Formazione, the Intesa Sanpaolo company focused on training initiatives aimed at the growth of businesses and the local area, in respect of which – in view of the the aforementioned acquisition – it is envisaged that the parent company will assign specific activities regarding the design and production of training services and products for the Group's employees.
COMMENTS FROM MESSINA AND CANZONIERI
«With the new Business Plan we intend to face the new challenges posed by a rapidly evolving market context – says the CEO of Intesa, Carlo Messina -. To this end, we believe it is of essential importance to give life to a new reality that aims to become a leader in the field of training, with the appropriate scale, capable of opening up to the best international experiences and based on the contribution of the high professionalism of Intesa Sanpaolo people who, by participating in the development of a training leader, will find further growth opportunities ». "The creation of the Italian leader in digital learning represents the first operation for the Nextalia Private Equity Fund and has a high reporting value – echoes Francesco Canzonieri, CEO of Nextalia Sgr -: actively guiding the transformation and consolidation of a key sector for the development of Italian companies and the country, perfectly consistent with Nextalia's objective ".
THE INDISCRIPTION OF THE SUN 24 HOURS
Exclusive negotiations are underway with third parties, who could be offered entry into the capital in the company, Il Sole 24 Ore wrote.
PALENZONA AND NOT ONLY: THOSE WHO WHISPER AT CANZONIERI
Meanwhile, the advisory board of Nextalia Sgr spa is expanding, with the appointment of five new members. Enter Domenico Catenese, Antonio Falchetti, Silvia Merlo, Fabrizio Palenzona and Stefano Simontacchi, president of Studio Bonelli Erede.
Evidently the former Mediobanca banker is not only appreciated by the top management of Intesa but also by the former vice president of Unicredit, Fabrizio Palenzona, who has actually been close to the galaxy of the group headed by Carlo Messina for some time. The “Gattuso dei bankchieri” (copyright Sole 24 Ore ) has also fascinated Palenzona.
CANZONIERI SEEN FROM THE SUN 24 HOURS
Il Sole 24 Ore wrote in Canzonieri in 2014: «When I first met him, I was a little worried. I remember calling Nagel, complaining about the new Mediobanca. Then I had to apologize and change my mind: without the work of Francesco Canzonieri, who at the time recently arrived in Piazzetta Cuccia, we would never have successfully closed the operation we were dealing with at that time ». The banker, who asks not to be mentioned, is not the only one who was surprised by Francesco “Ciccio” Canzonieri. Calabrese from London, just forty, with a fiery temperament, he is one of the most effective deal-makers in the new generation of Italian bankers. Those who know him well argue that Canzonieri has three strengths: a large direct network of relationships with global investors that reaches the major US hedge funds, such as that of John Paulson. A tenacious personality, like the fellow countryman Rino Gattuso to be understood, which induces him to never give up a deal even when few believe it. A great ability to work on numbers, which he always keeps in mind and which – to the surprise of some counterpart more accustomed to formalisms – he is able to explain even in a restaurant on a slip of paper ".
This is a machine translation from Italian language of a post published on Start Magazine at the URL https://www.startmag.it/economia/tremonti-intesa-sanpaolo-nextalia/ on Wed, 16 Feb 2022 08:34:46 +0000.