Typical client
Banks and financial groups
Commercial, popular, and BCC banks, as well as Italian financial groups, evaluating consolidation transactions, carve-outs of specific units, or strategic partnerships.
Sector focus
Financial Services.
Banking, insurance, asset management.
Italian financial services — mid-sized banks, insurers, asset managers, and regulated fintech platforms — are going through a phase of structural consolidation. Montesino delivers independent fairness opinions, valuations for related party transactions, and advisory on group reorganizations. Our typical counterparty is the board or supervisory body of institutions that require an autonomous technical opinion.
Who it's for
One sector, three lenses.
Banking, insurance, and asset management operators: three perspectives on a market with consolidation dynamics and investor selectivity.
Typical client
Insurance companies
Life and non-life insurers, captives, and insurtechs evaluating strategic transactions on business units, equity stakes, or distribution platforms.
Typical client
Asset & wealth managers
SGRs, independent advisors, multi-family offices, and wealth-tech platforms: aggregation transactions, partnerships, or team transfers.
What we do
Recurring transactions in the sector.
Financial services is a sector where process quality, confidentiality, and regulator dialogue define transaction outcomes. Montesino brings dedicated experience.
Type
Aggregations and mergers
Advisory on consolidation transactions among banks, SGRs, and insurance companies.
Type
Business unit carve-outs
Sale or spin-off of specific business lines (NPLs, custody, retail asset management, etc.).
Type
Distressed M&A
Transactions on distressed institutions or those under supervision, in coordination with competent authorities.
Type
Distribution partnerships
Structuring of commercial partnership agreements with corporate implications.
Sector insight
Sector insights.
REPORT
Sector map and key players
NOTE
Consolidation trends and recent M&A activity
ARTICLE
Current multiples and valuation benchmarks
REPORT
Cross-border outlook and international investors
The team
Lead partner.
Ugo Zampieri
Partner
Senior expert with over 25 years in M&A and debt restructuring across IT, business services, and healthcare, with Italian and cross-border experience. Originator of mandates for several IPOs on the EGM segment (formerly AIM Italia of Borsa Italiana).
Gian Piero Sala
President
Chartered accountant since 1993, court-appointed expert (CTU) at the Tribunal of Milano (Milan). Cross-border M&A negotiations.
Mirco Galeri
Managing Partner
Thirty years of strategic and operational management, combining direct entrepreneurial activity and executive advisory. CFO and Executive Committee member at top-tier companies, with cross-sector experience in metals & mechanics, chemicals, agriculture, and services.
Riccardo Puddu Cortesi
Managing Partner
Business development and SME internationalization. Cross-border coordination with Montesino Associates LLC.