BDT & MSD Partners, LLC entered into a definitive agreement to acquire an unknown minority stake in I.M.A. Industria Macchine Automatiche S.p.A. from BC Partners on July 31, 2023. The transaction is subject to customary regulatory approvals, and is expected to close in late 2023. The Vacchi family remains the majority owner of IMA.

The transaction was conceived, originated, and led by IMA's management team and by Poggi & Associati as lead financial advisor, Mediobanca and BofA Securities also acted as financial advisor to I.M.A.. JPMorgan Chase & Co. provided financial advice to BC Partners.

White & Case and FRM acted, respectively, as legal and tax advisors to IMA Group and Chiomenti as legal advisors to BDT & MSD Partners. Tom Bartram, David Higgins and Henry Birch, Sally Evans, Matthew Sinclair-Thomson, Shahrzad Sadjadi, Mavnick Nerwal, Matthew Merkle and Kanesh Balasubramaniam of Kirkland & Ellis acted as legal advisors to BC Partners.