trending Market Intelligence /marketintelligence/en/news-insights/trending/itws6r4rcjvfvufywbjbvg2 content esgSubNav
In This List

Cerberus buying majority stake in Officine CST

Case Study

A Green Lender Adopts a Robust Approach for Assessing Project Finance Credit Risks


MediaTalk | Season 2
Ep.1: Broadcast's Big Year


Global M&A by the Numbers Q4 2023


Investment Banking Essentials: February 21

Cerberus buying majority stake in Officine CST

New York-based alternative investor Cerberus Capital Management LP and its affiliates agreed to acquire a 57% share of Officine CST SpA.

Officine, a provider of credit management services to banks, institutional investors, utilities, and multinational companies, manages over €16 billion in claims and employs 150 people in Italy.

Cerberus is acquiring the stake from founder and CEO Gianpiero Oddone and other shareholders. Oddone will continue as CEO and retains a 28% stake in Officine. Roberto Nicastro, senior adviser to Cerberus, will become Officine's nonexecutive chairman.

Vitale & Co. served as financial adviser and Lombardi Segni e Associati served as legal adviser to Cerberus. GOP served as legal adviser to Officine.