The Devis & Morgan project selected among the 14 winners of the "Call for proposals" of the Milan Fintech Hub of the Bank of Italy

PRESS RELEASE

Milan, 17 May 2023

Devis & Morgan is pleased to announce that its innovative project has been selected among the 14 winners of the "Call for proposals" of the Milan Fintech Hub of the Bank of Italy.

This important recognition comes for the project proposed by Devis & Morgan, which aims to develop, in collaboration with partners Realhouse srl and MGA Merchant Spa, the tokenization of Non-Performing Loans (NPL) and derivative rights that can be acquired with FIAT or Stable Coin .

Through the use of the Block Invest platform, developed by Realhouse srl (http:\blockinvest.it) and adopted by Devis & Morgan, qualified investors, both traditional and active on blockchain platforms, will be offered the opportunity to purchase security tokens representing portions of NPLs and derivative rights. This innovative approach will allow investors to diversify their portfolio and participate in investment opportunities that would otherwise be difficult to access.

The tokenization of NPLs and derivative rights represents a significant turning point in the financial sector, offering greater liquidity and transparency in the market. Thanks to blockchain technology and the BlockInvest platform, developed by Realhouse srl, investors will have the opportunity to efficiently purchase and manage security tokens, obtaining direct exposure to this type of asset.

"Devis & Morgan is extremely proud to have been selected among the 14 winners of the 'Call for proposals' of the Milan Fintech Hub of the Bank of Italy", declared [Name and Surname], CEO of Devis & Morgan. “Our project to tokenize NPLs and derivative rights represents an important innovation in the financial sector, and we are excited to be able to offer our investors new investment opportunities through the BlockInvest platform.”

Devis & Morgan, in collaboration with its partners MGA Merchant SPA and Realhouse srl, will work closely with the Bank of Italy to develop and implement this revolutionary solution, ensuring compliance with regulatory requirements and adaptation to current regulations. Further details on the project will be provided as important milestones are reached.

MGA - Milano Global Advisors

https://www.aziendabanca.it/notizie/tecno/milano-hub-call-blockchain

PRESS RELEASE

July 2020 – Milano Global Advisors (MGA) joins INATBA, an international association for trusted blockchain applications, which offers a direct communication channel with international government bodies such as the European Commission, the World Bank, the OECD, the Food Program United Nations World Bank, the UNFCCC, UNICEF, the European Investment Bank, the European Bank for Reconstruction and Development through its Government Advisory Committee.

With more than 100 active members and 5 enterprise categories, INATBA aims to develop a framework for the governance of blockchain development globally.

INATBA's strategy is that of opening up to the market and to a plurality of subjects with the aim of building guidelines for the different actors and for the market itself in order to guarantee interoperability.

“We decided to become INATBA members to make our contribution to the inevitable digitalisation of financial services in our country.” Declares Cesare Suglia, president of Milano Global Advisors.

“INATBA, through the joint work of its authoritative members, provides all financial operators with the guidelines for offering digital services in compliance with all national and international regulations, always maintaining attention on the service and the real needs of users. With INATBA's contribution we will be able to ensure that Fintech is not just a term to be used to make news, but becomes an indicator of the evolution of the financial market to the benefit of both operators and end users." Cesare Suglia concludes.

MGA - Milano Global Advisors

https://inatba.org/join/

PRESS RELEASE

Milan, October 2020 – Milano Global Advisors (MGA) assisted Panzeri DIffusion srl on the acquisition of the Group by the English fund Bluegem through the subsidiary Pool Service /Medavita.

Milano Global Advisors (MGA), member of the global consultancy network Geneve Capital Group (gcg.com) operating in the M&A, investment banking and Corporate Finance fields, looked after the interests of Panzeri Diffusion as financial advisor, preparing the virtual data room and supporting the client in the evaluation phases of the group of companies and contract negotiation. While the Barberi & Volpi Associati firm acted as legal advisor.

Deloitte Financial Advisory assisted Bluegem as financial advisor, while Latham & Watkins and Studio Gattai, Minoli, Agostinelli Partners acted respectively as legal and tax advisor for Bluegem. PwC acted as debt advisor and responsible for financial due diligence.

“We are proud to have assisted the entrepreneur Ivano Panzeri in the negotiation with the Bluegem fund which concluded with the signing of a binding purchase agreement” - declares Cesare Suglia President of Milano Global Advisors. “In a global macroeconomic scenario with uncertain contours, we think that operations like this can contribute to increasing the confidence of Italian manufacturing companies in the future. The integration of these two important groups with the simultaneous birth of BeautyNova will allow our country to have an important new player, capable of competing better in the global professional haircare market, with a total estimated value of around 14 billion euros" . Cesare Suglia concludes

The Panzeri Group, founded in 1999 by Ivano Panzeri with headquarters in Malnate (VA), operates in the professional hair cosmetics sector with a portfolio of proprietary brands, including z-one concept; milk_shake; no inhibition and simply zen. The group boasts a presence in foreign markets and in particular in the USA. Panzeri Diffusion generated a total turnover of approximately 45 million euros in 2019.

In the last three years of investments, Bluegem has concentrated on the beauty sector, expanding its presence and expertise in the sector. In September 2019 Bluegem acquired the Pool Service/Medavita group with a view to creating a platform in the professional hair cosmetics sector with a build-up logic. The acquisition of Panzeri Diffusion in October 2020 marks an important step towards consolidation of the sector, paving the way for operational synergies. In particular, Medavita will be able to leverage the presence of the Panzeri group in the US market to develop its experience.

The new company born from the integration of the Medavita and Panzeri groups will take the name of BeautyNova and will represent the third largest group in the Italian sector, with a pro-forma aggregate turnover of approximately 90 million euros (2019 data), a exports exceeding 60% of turnover in over 70 countries, and a value of approximately 14 billion euros worldwide.

Beauty Nova will be able to count on a wealth of over 12,000 proprietary product formulations, an internal R&D department and a portfolio of consolidated brands.

MGA - Milano Global Advisors

https://www.milanofinanza.it/fashion/bluegem-rileva-panzeri-dando-vita-al-terzo-gruppo-beauty-piu-grande-in-italia-202010121123422376

https://www.milanoglobaladvisors.com/

PRESS RELEASE

25 June 2020 - With the beginning of July, MGA, MILANO GLOBAL ADVISORS, a new "international consultancy boutique" with a strong specialization in Corporate Finance, launches.

MGA is a member of GCG | Geneva Capital Group, a global consultancy network operating in the M&A, Investment Banking and Corporate Finance fields and present in 27 countries with over 60 offices. GCG is able to support companies and entrepreneurs in different countries and sectors.

GCG is the Corporate Finance / M&A unit of GGI Geneva Group International (www.ggi.com), the largest international alliance of independent professional firms, active with 605 associated companies present in 126 countries, 840 offices, with a global turnover of USD 5.632 billion and which includes over 29,000 professionals.

MGA will open offices in Milan and Rome, thus allowing a presence in the capital, which Geneva Capital Group lacked until now.

MGA – Milano Global Advisors brings together the experience of all 4 departments (CORPORATE FINANCE, LEGAL, REAL ESTATE AND FINANCE) and their related Partners operating to date within Kreston RS: Cesare Suglia, Umberto Orazio Ruta, Andrea Mifsud and Stefano de Nart.

“We took the opportunity to join Geneva Capital Group, a company operating throughout the world, in order to better develop our business strategy and continue the path already started” - declares Stefano de Nart, Head of the Financial Department of MGA . "We want to continue to develop our Global Advisors model with particular attention to the innovation of the services offered to adequately respond to rapid global and business changes such as digital transformation, fintech and blockchain".

“We are proud to welcome MGA as a new member of our international network. The firm will strengthen GCG's presence in Italy and will play a decisive role in supporting the numerous member firms of GCG and GGI both in Italy and abroad" - explains Marco Izzo, Chief Operating Officer of GCG.

MGA - Milano Global Advisors

https://www.milanoglobaladvisors.com/