the company
Acquisition Date
December 2024/May 2025
Sector
Real Estate
Status
Portfolio Company
Gruppo Basso a company specialized in the design, development and commercialization of commercial, industrial, and office properties, has initiated a liquidation process aimed at divesting over 60 assets located primarily in central and northern Italy.
Between December 2024 and May 2025, the NCO Fund acquired financial receivables with a gross book value exceeding 150 million of Euro from the company. Through these acquisitions, the NCO Fund became Gruppo Basso’s majority creditor, thereby gaining the ability to sponsor a new restructuring agreement which includes, inter alia, direct control over the collateral assets.