05 Nov 2025

"Grifo Group Acquires Insurance Agency Business from Finanza e Previdenza"

"Grifo Group, an Italian company active in insurance, finance, and credit intermediation, has acquired the insurance agency business of Finanza e Previdenza, which manages life and damage insurance portfolios across 14 offices nationwide. Russo De Rosa Associati provided legal, financial, and tax advisory support to Grifo Group during the transaction, while Michele Bonfiglioli assisted Finanza e Previdenza. Grifo Group, founded in 2003, operates with 21 offices and 500 business advisors across Italy."

Russo De Rosa Associati assisted Grifo Group and its subsidiary Asfalia, while Michele Bonfiglioli provided legal assistance to Finanza e Previdenza and its management in the transaction. The transaction involved Grifo Group, active in Italy in the insurance, financial, and credit intermediation sectors, through its insurance agency Asfalia, signing an agreement with Finanza e Previdenza for the acquisition of the business unit responsible for insurance agency activities in life and non-life sectors. Finanza e Previdenza, an insurance brokerage company with 14 offices across Italy, manages life and non-life portfolios through the business unit subject to the acquisition. Grifo Group, founded in 2003, operates nationwide with 21 offices and approximately 500 business advisors in the insurance and financial sectors. The Russo De Rosa Associati team was multidisciplinary and coordinated by partners Andrea Bolletta and Gianmarco Di Stasio, with contributions from Sergio Mori and Giulia Mazzilli for legal aspects, Vito Rizzo for financial and valuation matters, and Andrea Ridolfi and Elia Longo for tax-related issues. Michele Bonfiglioli provided legal assistance to Finanza e Previdenza and its management.
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