Dentons has been awarded "Advisor M&A transaction" at the Credit Management & Collection Awards 2018 for its work regarding the sale of a majority stake in Sistemia, an Italian credit services provider, to listed US buyout giant KKR.

Partner Stefano Speroni assisted Sistemia on this complex transaction, which saw KKR’s entry onto the Italian non-performing loans market, and allowed Sistemia SpA to strengthen its role of independent servicing company and main player in the NPL management cycle.

The awards ceremony took place in Milan on 29 March, bringing together companies, managers and professionals in the areas of commercial information, credit management, credit recovery and management, as well as private credit investigations.