Valuation & Opinion
Customer
Banca Sella Group
APRILE 2026
Sector
Financial services
Mandate
Fairness Opinion
Description
Estimation of the Net Asset Value of Banca Sella Group
Customer
Fondo PE
MARZO 2026
Sector
Financial services
Mandate
Opinion
Description
Opinion on the accounting treatment of certain instruments with carried interest in the financial statements of a Primary PE Italian operator
Customer
Flowpay,
MARZO 2026
Sector
Financial services
Mandate
Fairness Opinion
Description
Opinion on the economic value of Flowpay,a company controlled by Bancomat, in connection with a capital increase transaction
Customer
Bancomat's
FEBBRAIO 2026
Sector
Financial services
Mandate
Fairness Opinion
Description
Opinion on the value of Bancomat's participating financial instruments (SFP) to be allocated to management
Customer
Poste Italiane Group
GENNAIO 2026
Sector
Financial services
Mandate
Fairness Opinion
Description
Opinion on the economic value of a logistics company in the context of a strategic partnership with Poste Italiane Group
Customer
Undisclosed
DECEMBER 2025
Sector
Financial services
Mandate
Opinion
Description
Support to a Client in the accounting treatment of the advance of the insurance stamp duty
Customer
Anima Holding
DECEMBER 2025
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion to the Related Parties Committee of Anima Holding on the fair market value of certain assets subject to purchase
Customer
CronosVita
DECEMBER 2025
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion on the economic value of the 5 branches subject of spin-off from CronosVita in favor of shareholders
Customer
PosteVita
OCTOBER 2025
Sector
Financial services
Mandate
Valuation Opinion
Description
Support to PosteVita in the analysis of strategic options following the integration of the former branch of CronosVita
Customer
Delfin
AUGUST 2025
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion to Delfin in the context of the tender offer aimed at the delisting of Mediobanca launched by Banca Monte Paschi di Siena
Customer
Not disclosed
2024-2025
Sector
TMT
Mandate
Valuation Opinion
Description
Opinion on the economic value of the stakes in SpaceX and X.AI held by a leading Italian company
Customer
Cassa Depositi e Prestiti
JUNE 2025
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion to Cassa Depositi e Prestiti on the value of its investment, as LP, in FSI I
Customer
FSI
FEBRUARY 2025
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion to FSI in the context of the tender offer aimed at the delisting of Anima launched by Banco BPM Vita
Customer
Prima Assicurazioni
FEBRUARY 2025
Sector
Financial services
Mandate
Valuation Opinion
Description
Fairness Opinion on the adequacy of the issue price of Prima shares in the context of a capital increase
Customer
F2i
FEBRUARY 2025
Sector
Infrastructure
Mandate
Fairness Opinion
Description
Fairness Opinion for F2i in the context of the transaction to consolidate its stakes in FHP Group and Compagnia Ferroviaria Italiana
Customer
Anima Holding
DECEMBER 2024
Sector
Financial services
Mandate
Valuation Opinion
Description
Valuation of the incentive instruments granted to Kairos management in the context of the acquisition by Anima Holding
Customer
Vodafone
DECEMBER 2024
Sector
TMT
Mandate
Trademark valuation
Description
Valuation of the Vodafone trademark licence agreement of Vodafone in the context of Swisscom’s acquisition of Vodafone Italia S.p.A. by Swisscom
Customer
BusForFun
SEPTEMBER 2024
Sector
TMT
Mandate
Valuation Opinion
Description
Opinion on the market value of BusForFun in the context of the entry of a new shareholder and the conversion of a loan into equity
Customer
Generali
SEPTEMBER 2024
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion to Generali in the context of the tender offer aimed at the delisting of Intermonte launched by Banca Generali S.p.A.
Customer
CDP Equity
JULY 2024
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion to CDP Equity on the value of its investment/commitment, as LP, in FIAF
Customer
Unipol
FEBRUARY 2024
Sector
Financial services
Mandate
Fairness Opinion
Description
Valuation advisor to Unipol in the context of the merger with UnipolSai Assicurazioni and other group companies
Customer
Webuild
JULY 2023
Sector
Infrastructure
Mandate
Valuation Opinion
Description
Support to Webuild in the context of the valuation of the M4 project
Customer
Poste Italiane Group
JULY 2023
Sector
Infrastructure
Mandate
Fairness Opinion
Description
Fairness Opinion on the economic value of
a company active in the delivery business of the Poste Italiane Group
Customer
Prima Assicurazioni
APRIL 2023
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion on the adequacy of the issue price of Prima shares in the context of a capital increase
Customer
PrestiPay
MAY 2023
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion on the economic value of PrestiPay in the context of the sale by Deutsche Bank and Cassa Centrale Banca - Credito Cooperativo Italiano
Customer
Farmacie Italiane
DECEMBER 2022
Sector
Healthcare
Mandate
Fairness Opinion
Description
Fairness Opinion on the economic value of Farmacie Italiane in the context of the proposed capital increase
Customer
PosteVita
SEPTEMBER 2022
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion for the Board of Directors of PosteVita on the consideration offered in the tender offer launched on Net Insurance
Customer
Piteco
JULY 2022
Sector
TMT
Mandate
Fairness Opinion
Description
Fairness Opinion for the Independent Directors of Piteco on the consideration offered in the tender offer launched by Limbo S.r.l.
Customer
Coima RES
JULY 2022
Sector
Real Estate
Mandate
Opinion 2343-ter
Description
Contribution in-kind report ex art. 2343 of the Italian Civil Code on Coima RES shares in the context of the share and cash tender offer launched by Evergreen S.p.A.
Customer
Prima Assicurazioni
APRIL 2022
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion on the value of Prima shares held by the holding company FTH in the context of their distribution to its shareholders
Customer
La Doria
MARCH 2022
Sector
Food & Beverage
Mandate
Fairness Opinion
Description
Fairness Opinion for the Independent Directors of La Doria on the consideration provided for under the tender offer launched by Amalfi Holding S.p.A.
Customer
Cassa Depositi e Prestiti
MARCH 2022
Sector
Financial services
Mandate
Fairness Opinion
Description
Fairness Opinion in the interest of Cassa Depositi e Prestiti on the disposal price of its stake in FSI