Oaktree Power Opportunities Fund V (Cayman) Holdings, L.P. fund of Oaktree Capital Group, LLC (NYSE:OAK) agreed to acquire 80% stake in Cebat Srl Costruzioni Elettriche Bassa Alta Tensione from the Montanari family on July 31, 2019. Oaktree will have the right to appoint the majority of the members of the acquiree 's Board of Directors. Alessandro Bertolini Clerici of Rothschild S.p.A. acted as financial advisor to Cebat Srl Costruzioni Elettriche Bassa Alta Tensione. Francesco Novelli, Fabio Lenzini, Maria Luisa Buscaini, Giampiero Falasca, Ilaria Curti, Giulio Maroncelli, Roberta Padula and Martina Antonelli of DLA Group acted as legal advisers to CEBAT S.R.L. in the transaction.