Latham & Watkins Advises on the IPO of Nexi S.p.A.

Transaction represents the largest tech IPO in Europe to date in 2019.

April 16, 2019

Latham & Watkins has advised Joint Global Coordinators Banca IMI, BofA Merrill Lynch, Credit Suisse, Goldman Sachs International, Mediobanca – Banca di Credito Finanziario S.p.A. and the Joint Bookrunners in connection with the €2 billion (plus up to €302m greenshoe) initial public offering of leading Italian paytech company, Nexi S.p.A., on Borsa Italiana. Latham has advised finance providers to the company through the initial leveraged buy-out, the split of the payments and regulated businesses, and the approx. €1.5 billion post IPO financing. The Nexi IPO is the largest tech IPO in Europe to date in 2019, and the largest on Borsa Italiana since 2017. 

The Latham team was led by Milan capital markets partners Antonio Coletti and Ryan Benedict, with associates Irene Pistotnik, Guido Bartolomei, and Marta Negro. Advice was provided on finance matters by Milan partner Marcello Bragliani and London partners Dan Maze and Jennifer Engelhardt, with London associates Alistair McKechnie, Natalie Foy, and Patrick Kwak and Milan associates Alessia De Coppi, Erika Brini Raimondi, and Marco Ferrante.

Notice: We appreciate your interest in Latham & Watkins. If your inquiry relates to a legal matter and you are not already a current client of the firm, please do not transmit any confidential information to us. Before taking on a representation, we must determine whether we are in a position to assist you and agree on the terms and conditions of engagement with you. Until we have completed such steps, we will not be deemed to have a lawyer-client relationship with you, and will have no duty to keep confidential the information we receive from you. Thank you for your understanding.