The French Company Factory Systemes Group, which is active in developing IT services, acquired the majority of the shares of Wonderware. Wonderware operates in the field of development and sales of industrial software and computer systems. The Factory Group now has the ability to service over 9800 European customers and 400 System Integrators.
A team of professionals led by Fulvio di Domenico, Stefania pezzini and other partners from the law firm Genesis Avvocati assisted the three Wonderware shareholders in the sale their shares to Factory Systemes. Genesis Avvocati has its headquarters in Milan, but its team of highly-specialised experts in financial and business consulting works in Italy and abroad. They assist their clients with a clear approach to problem solving.
This is also confirmed in this case where, in 2019, our firm assisted the partners of Wonderware Italia with their purchase of company shares and again we were at their side during the negotiation of this delicate transaction of selling their shares to Factroy Systemes Group”. This principle was confirmed in this particular case, where our firm in 2019 assisted the partners Wonderware Italia with their purchase of company shares, and again we were by their side during the delicate negotiation of the sale to Factroy Systemes Group “.
Q&A With Stefania Pezzini
Could you tell us about the role that you played and what your team did during the deal, and the responsibilities they took on until the end of the acquisition?
In the first phase, one shareholder of Wonderware sold all of his shares, while the other two retained their role as directors and sold only part of their shareholdings in Wonderware. This was done to contribute to the growth of the business. We were very concerned during the negotiations to clearly define the boundaries of responsibilities of each seller in relation to their shares and obligations of the company. On the other hand, we wanted the more complex aspects such as the role retained by both shareholders and the backup option of exercising put/call options that they and the acquiring firm granted reciprocally.
How do you support your clients after the agreement is made? Does this have an impact on the success of their business when they sell it?
Our team of professionals can create strong alliances and become true partners with clients in each transaction. They all share the same goal. Our practical and direct approach makes us the ideal partner for our clients in defining and implementing post-closing investment strategies.
As a partner at Genesis Avvocati how do you feel that projects such as this help the firm grow and how does helping other businesses develop align to your firm’s ideals?
This project provided another opportunity to showcase the professionalism of Genesis Avvocati and our ability to work with entrepreneurs to find the best solution for achieving their goals.
How do you handle different clients and acquisitions? Does your process change for each one that you take on?
Every real estate transaction that we assist with, which involves virtually all types of investors and properties, has its unique characteristics. They require the ability of constructing and negotiating each transaction on the basis its specific characteristics. It is achieved by using different skills, which our professionals have also acquired through extensive experience.