Squire Patton Boggs has advised CDP Venture Capital SGR on its industrial partnership with BPER Banca to establish Gility, a digital platform entirely dedicated to training employees of small and medium-sized enterprises.
The platform, the result of a total investment of €12.4 million by CDP Venture Capital SGR, through the Boost Innovation fund, and BPER Banca, Italy’s third-largest banking group by global funding and number of branches, is positioned in the market as an innovative marketplace in the training sector. Gility will select quality training and content aimed at enhancing and stimulating the digital and technological skills of SME employees, as well as provide advisory services on the most effective training paths and how to finance, monitor and report them.
With a team led by partner Daniela Sabelli and assisted by Francesco Ghiglione, Squire Patton Boggs supported CDP Venture Capital SGR in all activities related to the structuring of the transaction, the partnership agreement and the incorporation of the joint venture company. The firm also acted as deal counsel for the antitrust aspects of the transaction with partner Francesco Liberatore.