Belluzzo International Partners, with Partner Lorena Pellissier and Consultant Maria Grazia Pelizzoni, acted as tax advisor to Xenon Aifm Sa on the tax due diligence of Kettydo+, Hic Mobile and Urbistat.
Xenon, BID Company, in which Xenon has held a stake since September 2022, and the three acquired companies formed A.I.GEN. – Advanced Intelligence Generation, a holding company focused on artificial intelligence, with a total turnover of approximately EUR 25 million.
The companies will continue to operate with operational autonomy, while benefiting from the Group’s expertise to accelerate growth.
Advisers to the transaction: Greco Vitali Associati for legal aspects; Epyon Consulting for accounting aspects; M&C Saatchi for brand positioning; Anthesis for Esg aspects.
Debt for the transaction was provided by Green Arrow Capital Sgr and Merito Sgr. The sellers were advised by Cavour Corporate Finance and Cygni.