Hogan Lovells advises Iccrea Banca on a strategic partnership with Accenture global leader in IT consulting and services

The partnership with Accenture, which includes an investment program exceeding €300 million over the next three years, aims to support and accelerate the IT transformation of the BCC Iccrea Group, as part of a broader technological renewal plan developed by BCC Sistemi Informatici, and to enhance IT service levels for the companies within the Group.

In addition to establishing complex multi-year service agreements between Iccrea Banca, BCC Sistemi Informatici, and Accenture, the deal also included Accenture acquiring a stake in the share capital of BCC Sistemi Informatici and a business unit previously managed by the latter.

Hogan Lovells assisted Iccrea Banca and BCC Sistemi Informatici through various phases of the deal with a multidisciplinary team led by managing partner Italy Patrizio Messina and partners Annalisa Dentoni-Litta and Paola Barometro. Contractual and regulatory aspects were handled by counsel Andrea Cicia, assisted by senior associate Leonardo Bafunno. Corporate M&A and contractual profiles were managed by senior associate Federico Urbani and associate Edoardo Pea.