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Paolo Sersale

Paolo Sersale

Italy Managing Partner

Italy Managing Partner
Paolo Sersale

Paolo Sersale is Managing Partner for Italy.

With more than 20 years of practice as partner in Corporate M&A, his experience ranges from public M&A and Takeover Regulations to Private Equity and Corporate Restructurings.

  • Saipem in connection with its proposed cross-border merger with Subsea 7
  • Tata Motors in connection with the announced public takeover of IVECO
  • FountainVest Private Equity in connection with the announced public to private investment in Eurolaminations Group
  • EPTA Refrigeration in connection with the industrial combination with Hauser Group
  • Leonardo in connection with the JV with BAE Systems and Japan Aircraft Industrial Enhancement Co. for the Global Combat Air Program
  • Ardian in connection with the acquisition of Masco Group
  • Cinven in connection with the sale of Arcaplanet to Fressnapf
  • UniCredit in connection with the reorganization of its Bancassurance activities
  • The Consortium made of Cassa Depositi e Prestiti, Blackstone and Macquarie Infrastructure and Real Assets in connection with the acquisition of Autostrade per l'Italia
  • Infrastructure Investments Fund in the acquisition of Falck Renewables SpA
  • AMCO in connection with the non-proportional demerger of the non-performing assets of Banca Monte dei Paschi di Siena
  • Ardian in connection with the carve out acquisition of the Healthcare Software business of AGFA-Gevaert
  • Poste Italiane in connection with its privatization and listing in the Milan Stock Exchange
  • Assicurazioni Generali in relation to the reorganisation of its European asset management activities under the EU UCTS IV Directive

News and client work

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Contact details

Career and qualifications

  • University of Milan (LL.D) 1993
  • Trainee lawyer at Schlesinger-Lombardi in 1994
  • Simmons & Simmons, London 1995
  • Admitted as an avvocato in Milan, Italy 1996
  • Joined Clifford Chance 1998
  • Partner since 2002
  • Head of Corporate M&A, Italy since 2007
  • Managing Partner, Italy since 2022

Awards and citations

  • Paolo Sersale has a wealth of transactional experience. He is skilled at advising private equity firms, investment banks and holding companies on high-value acquisitions. Clients say: «He stands out for his calm and experienced approach to complex matters. An excellent lawyer, capable of navigating complex issues across different matters.»
    Chambers Europe 2025
  • Clients say: «Paolo Sersale is knowledgeable, comprehensive, and able to make a difference.»
    Chambers Europe 2024
  • Clients say he brings «a level of depth and experience that is essential to support the execution of a complex transaction. He also exercises good judgement when developing options and recommending a proposed solution.»
    Chambers Global and Europe 2017

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