PAI Partners in Financing of Orion Acquisition

October 6, 2025

Cleary Gottlieb is advising PAI Partners, a pre-eminent private equity firm, on the financing of its acquisition of Orion from Xenon Private Equity.

Orion is a leading provider of environmental monitoring services in Italy.

The Cleary leveraged finance team was led by partner Ed Aldred and included associate Jack Dryden. Senior attorney Alessandro Gennarino advised on Italian financing matters. Partners Robert Sharpe and Vania Petrella, and senior attorney Gianluca Russo advised on tax matters.