Kirkland & Ellis advised Investindustrial Acquisition Corp., a special purpose acquisition corporation sponsored by investment subsidiaries of Investindustrial VII L.P., on its business combination agreement with Ermenegildo Zegna Group, a world-renowned Italian luxury house, that will result in Zegna becoming a public company listed on the New York Stock Exchange later this year. The merged entity will have an initial enterprise value of $3.2 billion. The transaction includes a fully committed $250 million PIPE and is expected to close by the fourth quarter of 2021, subject to customary approvals.
This is a landmark transaction for Investindustrial who have turned to Kirkland regularly for advice in relation to U.S. M&A, capital markets and debt financing matters.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press release