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Moda in Pelle & GlobalTech: Giambrone & Partners Advises on Strategic Cross-Border Agreement
Giambrone & Partners is proud to have assisted the renowned British fashion brand Moda in Pelle in a strategic share swap agreement with the US-based GlobalTech Corporation, marking a significant step in GlobalTech’s acquisition of a majority stake in the company. The transaction is valued at an estimated 20 million USD.
This deal highlights Giambrone & Partners’ cross-border expertise and our continued commitment to supporting clients in high-value international corporate transactions.
Giambrone & Partners International Law Firm advised 123 Investments Limited, the company operating the Moda in Pelle brand, an established British label for premium footwear and accessories, in the execution of the definitive agreement for the acquisition of 49% of the shares of GlobalTech, a US technology holding specialising in artificial intelligence, big data and emerging technologies.
The deal, announced to the market on 2 December 2025, provides for Moda in Pelle’s entry into the share capital of GlobalTech through the issuance of ordinary shares and Series A convertible preferred shares. The preferred shares will be convertible into ordinary shares upon the company’s planned listing on the Nasdaq Capital Market.
Founded in 1975 in Leeds, Moda in Pelle is now one of the leading British brands in the premium footwear and accessories segment, with a strong presence across the United Kingdom through more than forty stores and concessions, a consolidated e-commerce platform, and a network of independent retailers. The brand is widely recognised for its ability to combine British elegance with Italian leather-crafting tradition.
For GlobalTech, the acquisition of a majority stake in Moda in Pelle represents a strategic step in strengthening its presence in the UK retail market and expanding its digital platform. The deal is intended to integrate with the group’s proprietary AI solutions (including the Thrivo AI platform) to enhance e-commerce capabilities, data analytics and the personalisation of the customer shopping experience.
GlobalTech was represented by Love Law Firm, PC, a prominent Nevada-based law firm. Moda in Pelle was advised by Giambrone & Partners LLP, London office, with support from the Manchester and Naples offices.
Giambrone & Partners’ Role
Giambrone & Partners assisted 123 Investments (Moda in Pelle) throughout the entire process leading to the signing of the agreement, as well as in structuring the preparatory activities for closing.
The team at Giambrone & Partners was led by Avv. Vincenzo Senatore, LLM (US), Senior Partner at Giambrone & Partners LLP – London office, who coordinated the work of the various offices involved and supervised the international corporate law aspects of the transaction.
The team also collaborated with the US law firm Coran Ober P.C., New York office, where attorney David Pentlow assisted 123 Investments on legal and regulatory matters relating to the Nasdaq listing.
The team also collaborated with the US law firm Coran Ober P.C., New York office, where attorney David Pentlow assisted 123 Investments on legal and regulatory matters relating to the Nasdaq listing.
Corporate and contractual matters were handled by Avv. Gennaro Cuccurullo, Associate at Giambrone & Partners – Naples office, and Avv. Adnan Khan, Of Counsel at Giambrone & Partners LLP - Manchester office.
“The GlobalTech / Moda in Pelle transaction confirms our Firm’s ability to support clients in complex cross-border acquisitions involving IT, AI and traditional retail,” comments Avv. Vincenzo Senatore.
“Integrating a US technology platform with a well-established British retail brand requires a highly specialised legal approach, attentive both to the financial structure and to safeguarding the brand’s value and distribution network.”
“Operationally, the project focuses on building a clear and flexible governance structure capable of supporting the group’s medium-term growth,” adds Avv. Gennaro Cuccurullo.
“The use of convertible share instruments linked to a mature market and a potential Nasdaq listing represents a key element in aligning the interests of the investor and the target company.”