LONDON, August 15, 2024 – Proskauer, a leading international law firm, today announced it has advised Intermediate Capital Group ("ICG") on its investment into VISION GROUP S.P.A. to support a management-led buyout and subsequent growth plans.
ICG will provide a comprehensive financial package to support strategic growth plans in the coming years. VG Holding, chaired by Marco Procacciante, CEO of Vision Group, and the management team will remain the controlling shareholders.
A leading eyecare network in Italy, Vision Group provides high-quality professional eyecare and innovative products, while also operating an accredited optical school located in Florence.
The Proskauer team advising ICG was led by partners Faisal Ramzan (Private Credit) and Adam Creed (M&A) and included associates Rafael Serrano (Private Credit), Nicholas Wardle (M&A), Aaron Wong (Private Credit), Conor Quane (M&A) and Cassie Ditzel (M&A).
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The Firm’s Private Credit Group is made up of cross-disciplinary finance and restructuring experts exclusively dedicated to private credit investors. It includes over 110 finance and restructuring lawyers focused on representing credit funds, business development companies, and other direct lending funds in the restructuring of “clubbed” and syndicated credits, preferred equity, special situations and alternative investments. Over the past five years, Proskauer has been involved in over 1,200 deals for more than 100 private credit clients across the U.S. and Europe with an aggregate transaction value exceeding $350 billion.