The transaction was completed in the context of a limited sale process.

Founded in 2017 through a management buyout, Kirey Group is an Italian digital transformation consultant that supports its customers with strong experience in leading-edge technology solutions and a strong expertise in the banking and insurance sectors. Kirey Group employs more than 950 people across 16 offices in nine countries and has over 400 clients around the world.

The Allen & Overy cross-department and cross-jurisdiction team was led by partner Paolo Nastasi, supported by associates Davide Biasotti, Marta Avara, Nicolò Baruffi and Giovanna Sottoriva and trainee Houda Latrech. The team comprised also senior associate Margherita Banfi on IP-related matters, counsel Luca Amicarelli and associate Stefania Casini on public law aspects, partner Emilio De Giorgi and associate Arianna Fletcher on antitrust matters, partner Livio Bossotto together with associates Elena Cirotti and Federica Melegari and trainee Chiara Magliulo on employment and data protection matters, partner Francesco Guelfi with counsel Elia Ferdinando Clarizia and associate Simona Simone on tax matters, associate Alessandro Carta Mantiglia on banking matters and senior associate Martina Rossi on litigation matters.

A&O acted on the transaction with a team in Germany comprising partner Nils Koffka, senior associates Jan Holst and Marcus Mackensen and associates Maria Heilmann and Jonas Schuck, a team in Spain composed of associates Eneko Marin, Enrique Diaz-Maurino, Marta Villar, Sergio Ochagavía and trainee Blanca Lopez-Grueiro, and a team in the Netherlands with partner Sophie Roozendaal, senior associate Aziz Bouhbouh and associates Pauline van der Hijden and Eveline Jansen.