Network

Impact eImpact recently made a corporate strengthening creating partnerships with:

Studio Palmeri, Bologna and Rome - (2014) experts in corporate finance and taxation, debt restructuring, judicial and extra-judicial procedures.

Vertus Srl, Milan - (2014) experts in reindustrialization of areas under dismissal, requalification of operations, selection and repositioning of H.R.

Scio & Associati, Milan and Brescia - (2015) experts in corporate governance, debt restructuring, turnaround, M & A. Member of an Advisory Company which invests in medium-small enterprises.

Studio Palmeri



  • Founded in 1967 by Giorgio Palmeri, with offices in Bologna, Rome with business partners around the Italian territory
  • Growing firm of professional certified public accountants, tax advisers and insolvency specialists with a diversified and international client base.
  • Expert advisor on procedures in Court and out of Court for composition with debtors, corporate re –organization, spin-offs,etc…
  • Several large restructuring on behalf of the lending institutions (average 40 Millions debt restructuring)
  • Assistance to foreign and domestic PE funds through the entire investment process, (from best tax structure through post closing execution)

Studio Palmeri Team

Giorgio Palmeri graduated with a degree in law from Bologna University and has been an auditor since 1973. He became a member of the Bologna Chartered Accountants College in 1967.

Founder and name partner of Studio Palmeri, he gained several years of experience in dealing with company finances and management, including turnaround processes and debt restructuring, also with positions on the Board of Directors, or statutory auditors in major local and multinational companies.

Member of TMA (Turnaround Management Association, Italy), an international non-profit association dedicated to corporate renewal and turnaround management.

Giorgio also is deeply committed in serving the non-profit sector, giving his dedication to foundations and organizations for the benefit of disadvantaged children and disabled people.
Fabio Ceroni graduated in Economics & Business at Bologna University in 1988After a period of study in the United States, he gained several years of experience with Arthur Andersen (1990-1994), a leading auditing and accounting firm.

Member of the Bologna Chartered Accountants Association since 1993 and auditor since 1995, he joined Studio Palmeri Business Consultant Partners in 1995.Partner of Studio Palmeri since 2003.

Member of the Italian Board of TMA (Turnaround Management Association,Italy) an international non-profit association dedicated to corporate renewal and turnaround management.

International member of ABI (American Bankruptcy Institute), Board member of Italian-Brasilian Chamber of Commerce.

Vertus



  • Vertus is an advisory company founded by Alessandro Ielo and Massimiliano Zandonini Gutris
  • It has been operating for years with distinguished Italian and International customers – from SME to multinational corporations
  • Vertus operates in four main areas of activity:
    • Divestiture and re-industrialization product side
    • Restructuring and business development
    • Requalification of human resources
    • Recruitment and selection

Vertus Team

Alessandro Ielo, graduated in Business Economics at the University “Cattolica” of Milan and Certified Public Accountant.

Almost twenty years experience both in the industrial and the financial field thanks to several tasks, also at an international level, both in the commercial and the operational area.

4 years of experience in KPMG in Milan in Audit and Consultancy M&A.13 years of experience in Aster Associate Termoimpianti S.p.A, an engineering company (Milan). Vice President and Member of Board of Directors in various societies of the Group. He worked for long periods abroad (Johannesburg, London, Manila, Hong Kong) and has, in addition, supervised the Group’s operational and financial restructuring (2006).

2 years as Managing Director of Arques Italia S.r.l., the Italian branch of Arques Industries AG, an investment holding company listed at the Frankfurt Stock Exchange focusing on companies in transitional situations.
Massimiliano Zandonini Gutris graduate in Engineering and enrolled at the Registry of Engineers in Milan.

More than a decade of national and international industrial experience, during which he gained knowledge both in the technological and the production field.

Founder of the company NEP Srl in 1999 (small electrical motors) whose business he develops, thanks to innovative patents, at a national and international level.In 2001, he sells the activity to Alexmar SA, a Spanish group operating in the field of electrical motors.

5 years at Alexmar SA (Barcelona). Numerous responsibilites, both commercial and operational ones. Member of Board of Directors, then Executive Director. From 2005 to 2007 in command of the restructuring of the company, which is sold in 2007.

From 2009 he is also a consultant of Alintec Scarl (management of enterprise incubators, Milan).

Scio & Associati



  • Founded in 1987, with offices in Brescia and Milan and a network of professional partners located throughout northern Italy.
  • Specialists in corporate advisory and governance to national and international clients, public C.P.A. (Certified Public Accountant), experts in Finance and Taxation planning applied to a diversified and multinational Client’s audience.
  • Experts in business turnaround, debt restructuring ( closing transactions ranged from 10 M to 200 M debts), preventive arrangements on debt/equity of potentially distressed corporations.
  • Executors of many M & A transactions on a international bases (Italy, Spain, India, Germany, Sweden) inherent to industrial groups and P.E. funds.
  • Participants to investments in medium-small companies as well as professional assistance to involved entrepreneurs.
  • Consist of about 20 collaborators, out of them 3- 4 largely dedicated to the corporate turnarounds.

Scio & Associati Team

Enrico Scio born in Cremona on 10.4.1959 graduated in Economics from the University of Parma in 1982 he became Chartered Accountants and statutory auditor in 1987. During his professional career he gained significant experience in business processes, specializing in turnaround between Italian and foreign companies and debt restructuring, focusing his experience in business management issues, with focus on corporate finance and assets structure.

He has held and holds positions in audit committees and boards of directors of Italian listed companies. Founder of advisory firm (FAI Advisory) in partnership with senior businessmen, aim to invest in small or medium size companies to revitalize their businesses.
Alessio Minelli born in Brescia on 28.8.1976 graduated in Economics from the University of Brescia in 2002 he became Chartered Accountants and statutory auditor in 2013.

On 2008 he began his collaboration with the Studio Scio & Associati participating in turnaround and corporate finance.

He has gained considerable experience in the finalization of business plans.