Firms To Watch: Private equity: LBO

Proskauer Rose LLP strengthened its capabilities in this area following the 2023 arrivals of Jeremy Scemama, Xavier Norlain and Matthieu Lampel.
Nicola Di Giovanni is the key name at Skadden, Arps, Slate, Meagher & Flom LLP; he has strong cross-border expertise.
Key names in Squire Patton Boggs' team include Charles FabryMaxime Dequesne, Anthony Guillaume and Benjamin Marché. The group is a key port of call for mid-market transactions.

Private equity: LBO in France

Kirkland & Ellis LLP

Demonstrating ‘a great blend of patience and persistence’, the group at Kirkland & Ellis LLP is a strong choice for the gamut of deal types, including buy-side deals, exits, and IPOs. Major private equity houses, financial sponsors and sovereign wealth funds look to the group for its cross-border expertise and international footprint. The practice is co-led by Vincent Ponsonnaille, lauded for his ‘proactive and thoughtful advice’. Alongside him, Laurent Victor-Michel acts as co-head and has particular experience in matters relating to foreign direct investment. Corporate specialists Louis Gosset and Emmanuel Enrici are additional names to note.

Responsables de la pratique:

Vincent Ponsonnaille; Laurent Victor-Michel


Autres avocats clés:

Louis Gosset; Emmanuel Enrici


Les références

‘For our recent transaction, K&E was able to provide comprehensive services including detailed French/US legal structure, tax, HR, regulatory, and other domains. The team was able to manage a complex process and structure. They were able to manage the process seamlessly.’

‘The team maintained a very balanced view and did not get rattled easily. They had a great blend of patience and persistence and were always available to address questions or issues.’

‘Vincent Ponsonnaille and Emmanuel Enrici – proactive and thoughtful advice.’

‘Excellent legal skills, commitment, and availability, as well as a good understanding of the software segment.’

Principaux clients

AXA Investment Management


Advent International


Antin Infrastructure Partners


Ares Management Corporation


Cinven


CPP Investments


Five Arrows PE


GIC Private Limited


Groupe Bruxelles Lambert


Hellman & Friedman


PAI Partners


Partners Group


Platinum Private Equity


Providence Equity Partners


Searchlight Capital


Silver Lake


Thoma Bravo


Vista Equity Partners


Warburg Pincus


Wendel


Principaux dossiers


  • Advised Groupe Bruxelles Lambert on the agreement to combine Webhelp and Concentrix Corporation.
  • Advised Data4 and Axa IM – Real Assets on the sale of Data4 to Brookfield Asset Management.
  • Advised co-controlling shareholders WP GG Holdings IV and ARCHIMED on the sale of Polyplus to Sartorius, a life science group.

Latham & Watkins

The group at Latham & Watkins regularly advises major private equity houses on high-profile, large-cap LBOs. The team works closely with the firm's leveraged finance team and is bolstered by its capabilities in the finance and capital markets spaces. Disposals, restructurings, joint ventures, and M&A are also core areas of expertise. The practice is co-directed by Thomas Forschbach, Olivier Du Mottay, Gaëtan Gianasso, Denis CritonAlexander Benedetti, Alexander Crosthwaite, Simon Lange, and Charles-Antoine Guelluy.

Responsables de la pratique:

Thomas Forschbach; Olivier du Mottay; Gaëtan Gianasso; Denis Criton; Alexander Benedetti; Alexander Crosthwaite; Simon Lange; Charles-Antoine Guelluy


Principaux clients

Ardian


Astorg Partners


Bain Capital


BC Partners


PAI Partners


Advent International


Bridgepoint


ICG


Apollo Global Management


KKR


Partners Group


Platinum Equity


PSP Investments


TA Associates


Permira


Sagard


Silverfleet


SK Capital


Ontario Teachers Pension Plan


Summit Partners


Silverfleet


Temasek


GTCR


One Rock Capital Partners


Ares Management


Arkea Capital


Cinven


Dentressangle


EMZ Partners


Equistone


IK Partners


L Catterton


Montefiore Investment


The Carlyle Group


Towerbrook


CDPQ


Principaux dossiers


  • Advised Webhelp on its combination with Concentrix, through the sale and contribution of 100% of the shares of Webhelp by GBL, the two founders (Olivier Duha and Frédéric Jousset) and the 700+ managers.
  • Advised Astorg Partners on its acquisition of Corden Pharma, a Germany-based provider of specialised technologies for manufacturing of oral, sterile, and antibiotic pharmaceutical drug products and pharmaceutical ingredients.
  • Advised PAI Partners on the acquisition of a majority participation in ECF Group, a business-to-business distributor of equipment and consumables for hospitality and care professionals.

Weil, Gotshal & Manges LLP

Weil, Gotshal & Manges LLP assists private equity sponsors, industrial and financial groups and family-owned groups with large-cap LBO transactions. The group is also well placed to advise clients on domestic and cross-border M&A, divestitures, build-ups, financings, and distressed M&A transactions. Infrastructure funds, insurance companies, and pension plans also look to the team for its expertise in the infrastructure segment. David Aknin steers the practice; additional names to note include Jean Beauchataud, Frédéric Cazals, Alexandre Duguay, and Guillaume Bonnard, who focus on high-profile LBOs and M&A transactions.

Responsables de la pratique:

David Aknin


Autres avocats clés:

Jean Beauchataud; Frédéric Cazals; Alexandre Duguay; Guillaume Bonnard


Principaux clients

3i


Advent International


Alpha Private Equity


Adagia Partners


A&M Capital


Antin Infrastructure


Altamir


Archimed


Ardian


Aleph Capital


Astorg Partners


Bain Capital


Capza


Caravelle


Carlyle


Cathay Capital Private Equity


Cerba Healthcare


Ceva


Chequers Capital


Cinven


Clayton, Dubilier & Rice


Compagnie Nationale à Portefeuille


CVC Capital Partners


Ergon Capital Partners


Eurazeo


EQT


Equistone


Generation IM


HLD Europe


Infravia Capital Partners


LFPI


L-GAM


Montagu Private Equity


Montefiore


Naxicap


Omers


Ontario Teacher’s Pension Plan


PAI Partners


Parquest


Permira


PSG Equity


Qualium Investissement


Sagard


Seven2 (previously named Apax Partners)


Sienna Private Equity


TCV


Thétys


Towerbrook


Voodoo


Willkie Farr & Gallagher LLP

The private equity group at Willkie Farr & Gallagher LLP regularly handles large-cap private equity transactions including cross-border leveraged buyouts, joint ventures, platform acquisitions, and exits, working across all mainstream sectors. The practice is co-led by a trio of partners, comprising: Eduardo Fernandez, who has particular experience advising on transactions involving the professional services, consumer products, food and healthcare segments; and private equity and M&A specialists Christophe Garaud and Cédric Hajage. Additional names to note include Gabriel Flandin, Grégory de Saxcé, Hugo Nocerino. Gil Kiener  left the firm in December 2022.

Responsables de la pratique:

Eduardo Fernandez; Christophe Garaud; Cédric Hajage


Autres avocats clés:

Gabriel Flandin; Grégory de SaxcéHugo Nocerino; Mathilde Faure


Les références

‘Experienced team, which follows the LBO market very closely and therefore knows market practices well. Team which knows how to make itself available to its clients. Good value for money in their services.’

‘Christophe Garaud knows the market and the different players well, he has a business vision of his advisory role and comes with solutions when there is an obstacle in a transaction; he knows how to mobilize the right resources internally to support his clients.’

‘Very professional team and flexible on the fee structure. Impeccable quality of service.’

Principaux clients

21 Invest France


Abénex Capital


Adagia Partners


Aglae Management


Alpha Private Equity


Aquiline Capital Partners


Ardian


Astorg Partners


BIM


BlackFin Capital Partners


BNPP Agility Capital


Bpifrance


Cobalt Capital


CVC Capital Partners


Ekkio Capital


EQT


Equistone Partners Europe


Five Arrows Managers


IK Partners


Insight Partners


Intermediate Capital Group


Latour Capital


Lauxera Capital Partners


Montefiore Investment


OpenGate Capital


PAI Partners


Peugeot Invest (FFP)


Qualium Investissement


RAISE Investissement


Sagard


Searchlight Capital Partners


Seven2 (former Apax Partners)


Syntagma Capital


TA Associates


The Carlyle Group


Vaultier7


Warburg Invest


Waterland Private Equity


Weinberg Capital Partners


Wendel


Principaux dossiers


  • Assisted PAI Partners with the €2.3bn sale of Perstorp to Petronas Chemicals group.
  • Assisted PAI Partners with the acquisition of Looping Group, a pan-European leisure park operator, from Mubadala Capital’s Private Equity business and Bpifrance, the French national investment bank.
  • Assisted IK Partners, a mid-market European private equity group, with the sale of Exxelia to Heico Corporation.

Allen & Overy LLP

Allen & Overy LLP fields a 'business-oriented and pragmatic' team. The group is jointly led by Marc Castagnède, who acts for listed and non-listed companies, and Romy Richter, whose broad private equity practice involves assistance to private equity funds, founders and managers with their fund raising, acquisitions and disposals. The team is active in the large-cap and mid-cap space.

Responsables de la pratique:

Marc Castagnède; Romy Richter


Autres avocats clés:

Jules Lecoeur


Les références

‘Very available and competent team, aware of technical and regulatory developments. Good collaboration and fluidity between the different corporate and tax teams for the LBO.’

‘Generally very competent team, having worked particularly with Rémy Richter and Jules Lecoeur. Excellent interpersonal skills, very professional, very fluid collaboration, available. Business-oriented and pragmatic.’

Principaux clients

Advent International


Apax Partners (Seven2)


Ardian


Bridgepoint


Chequers Capital


Crédit Mutuel Equity


Eurazeo


ICG


Ivanhoé Cambridge


LFPI Gestion


PAI Partners


Weinberg Capital Partners


Wren House


Principaux dossiers


  • Advised PAI Partners on its proposed acquisition of Infra Group from ICG.
  • Advised Pathé and IDG Capital on their entry into exclusive negotiations with Eagle Football Holdings LLC for the sale of their stakes in Olympique Lyonnais Group.
  • Advised Carmignac regarding its Investment in Clipway.

AYACHE

The team at AYACHE is equipped to assist clients with LBOs, M&A transactions, and restructurings. The group has particular sectoral expertise in retail, consumer goods, e-commerce, real estate, and healthcare. Olivier Tordjman steers the practice and is well-versed in LBO transactions, debt and equity restructurings, syndicated loans, and asset finance. Gwenaëlle de Kerviler also majors on private equity transactions and is an additional key partner.

Responsables de la pratique:

Olivier Tordjman


Autres avocats clés:

Gwenaëlle de Kerviler


Principaux clients

Intermediate Capital Group (ICG)


ICG Infrastructure


Towerbrook


Verso Energy


Sagard


Sagard NewGen


ISAI


Inveready


Capza


Founders / Groupe Open


Upperside Capital Partners


Bredin Prat

The skill set of the ‘commercial, knowledgeable, responsive and hard-working’ team at Bredin Prat spans cross-border M&A, international financing, and securities matters. Key contacts include 'highly effective communicator and negotiator' Olivier Assant, who specialises in M&A, corporate governance, and securities matters; 'commercial and hands-on partner’ Adrien Simon; and Florence Haas, who handles market consolidation transactions, public takeovers and LBOs. Barthélémy Courteault has particular experience with regards to M&A involving the infrastructure and energy sectors and Clémence Fallet majors on corporate governance.

Autres avocats clés:

Olivier Assant; Adrien Simon; Florence Haas; Barthélémy Courteault; Clémence Fallet


Les références

‘Commercial, knowledgeable, responsive and hard-working.’

‘Olivier Assant is very commercial and a highly effective communicator and negotiator. Adrien Simon is incredibly hard-working, very knowledgeable, and similarly a great communicator.’

‘Very dynamic and creative team.’

‘Adrien Simon is a very commercial and hands-on partner.’

‘The team can mobilize quickly, quickly understands the subjects/issues; always responsive.’

‘Adrien Simon is always responsive, listens to his client, anticipates possible points of friction and offers solutions when there are blocking points. He puts the files into perspective in the light of the knowledge he has of his client. He surrounds himself with an efficient and well-coordinated team.’

Principaux clients

Alfa Laval


Casino Guichard-Perrachon (Casino Group)


CGI


Dermapharm AG


Despature Family


Eiffage


Eramet


GE (General Electric)


iliad


Artémis Domaines / Maisons Bouchard et Henriot


Ramsay Santé


Rothschild & Co


Stellantis


Technicolor Creative Studios


Ineos


Crédit Mutuel


Nexity


Principaux dossiers


  • Advised Rothschild & Co and Concordia, the holding company of the Rothschild family and Rothschild & Co’s largest shareholder, in connection with the take-private of Rothschild & Co, by Concordia for €3.8bn.
  • Advised Stellantis in connection with the sale of its remaining 25% stake in GEFCO (now Ceva Logistics) to the CMA CGM Group.
  • Advised EDF, the French multinational electric utility company, in connection with the acquisition by the French State by way of a simplified takeover bid, of 100% of EDF’s shares capital.

Clifford Chance

The group at Clifford Chance has ‘very good sectoral knowledge coupled with strong commercial acumen’ and is routinely instructed by mid-cap and large-cap private equity houses, infrastructure funds, and financial institutions. The department is jointly led by Fabrice Cohen, who handles both cross-border M&A and private equity transactions. Alongside him, Benjamin De Blegiers has notable experience in infrastructure-related transactions. Emmanuel Mimin is an additional key contact.

Responsables de la pratique:

Fabrice Cohen; Benjamin de Blegiers


Autres avocats clés:

Alexandre Namoun; Emmanuel Mimin


Les références

‘Very good sectoral knowledge coupled with strong commercial acumen.’

‘Benjamin de Blegiers: very good commercial knowledge which allowed us to manage a complex situation.’

‘I regularly work with Clifford Chance (and in particular with Benjamin de Blegiers) on LBO (Large cap) transactions. Their geographic presence and sectoral expertise are assets that few firms in Paris can claim at this level! It is in the most complex deals that they can express all their talent. They are constantly reinventing themselves.’

Principaux clients

PE


3i


Apax Partners


Blackstone


Bpifrance


Bridgepoint


The Carlyle Group


Cinven


Clayton Dubilier & Rice


KKR


PAI Partners


Partners Group


Perceva


Permira


Triton


Wendel


Infrastructure


Apollo


Ardian


Macquarie


Meridiam


Mirova


Omnes Capital


DIF Capital Partners


Eurazeo


InfraVia


Financing


BNP Paribas


Crédit Agricole


Natixis


Société Générale


Ardian Private Debt


Ares Capital


Barings


BlackRock


LBPAM


SCOR Investment Partners SE


Bank of America Merrill Lynch


Barclays


Crédit Suisse


Deutsche Bank


Goldman Sachs


HSBC


IKB


JP Morgan


UniCredit


Capzanine


Principaux dossiers


  • Advised a consortium of private equity funds, composed of DIF Capital Partners and PGGM, on the acquisition of c. 50% of the SAUR group, a leading innovator and service provider in the global water sector with operations in more than 20 countries, from EQT.
  • Advised Cinven on the sale of the Tractel Group, a global security specialist that provides reliable and innovative vertical access solutions and services to the building and industrial sectors, to Alimak.
  • Advised Permira on the disposal of the Vacanceselect Group to European Camping Group (ECG), the recently acquired portfolio company of PAI Partners.

Freshfields Bruckhaus Deringer LLP

The group at Freshfields Bruckhaus Deringer LLP is regularly called upon by private equity and pension funds, REITs, and alternative capital providers seeking assistance with deal and fund structuring, acquisition financing, tax, and regulatory matters. The team handles both mid-cap and large-cap transactions, which are additionally often cross-border. Private equity specialist Nicolas Barberis steers the department; Guy BendaYann Gozal, Julien Rebibo, and Stéphanie Corbière are additional key contacts.

Responsables de la pratique:

Nicolas Barberis


Autres avocats clés:

Yann Gozal; Julien Rebibo; Guy Benda; Stéphanie Corbière


Les références

‘One of the best teams, if not the best, in private equity – Nicolas Barberis, Yann Gozal, Julien Rebibo, Guy Benda, Stéphanie Corbière.’

Principaux clients

Caisse de Dépôt et Placement du Québec (CDPQ)


Carlyle


Charterhouse Capital Partners LLP


Chequers Capital


Cinven Capital Management


Compagnie Nationale à Portefeuille (CNP)


CVC Capital Partners


EQT Private Equity


General Atlantic


J.C. Flowers & Co.


Kartesia


Marlin Equity Partners


PAI Partners


The Blackstone Group


Principaux dossiers


  • Assisted Cinven with its entrance into exclusive negotiations to acquire a majority stake in the Euro Techno Com Group (‘ETC’), a one-stop shop specialised distributor for the telecom and technology infrastructure industry, from Carlyle.
  • Assisted EQT Infrastructure with its entering into exclusive negotiations to sell 50% of its stake in Saur to a consortium composed of global infrastructure fund manager DIF Capital Partners and the Dutch pension fund service provider PGGM.
  • Assisted the management of the House of HR group with the acquisition by Bain Capital of a majority participation (55%) in the House of HR group from the existing shareholders (Naxicap, Conny Vandendriessche and management).

Gide Loyrette Nouel A.A.R.P.I.

The group at Gide Loyrette Nouel A.A.R.P.I. is regularly seen on transactions ranging from small to large-cap, assisting sponsors and financing banks. The 'experienced and highly specialized' team displays additional strength in management packages and governance. Olivier Diaz steers the practice and specialises in acquisitions, joint ventures, leveraged buyouts, and corporate restructurings. Additional key partners include the 'very experienced' Jean-François Louit, the 'pragmatic, efficient' Antoine de la Gatinais, and Caroline Lan, who demonstrates expertise in tax matters, as well as private equity transactions.

Responsables de la pratique:

Olivier Diaz


Autres avocats clés:

Jean-François Louit; Caroline Lan; Antoine de la Gatinais


Les références

‘Experienced and highly specialized team on topics related to management packages.’

‘Jean-François Louit and Caroline Lan are both senior and very experienced.’

‘Very ‘user-friendly’, excellent quality work, offers a complete service allowing you to benefit from the different expertise present within the firm.’

‘Antoine de la Gatinais – pragmatic, efficient, good relations with the various stakeholders, very available.’

‘Very close-knit Gide team that is one with the client’s team. With this approach we have a feeling of moving forward with our projects together.’

‘Caroline Lan stands out for her competence and interpersonal skills. She brings technique to a multitude of subjects and knows how to calm situations. This is very appreciable in M&A to process the file and prepare the merger of two companies.’

‘Very good team with very qualified partners who are involved in the deal until the end. Gide has succeeded in setting up a client-centric and multidisciplinary platform that is very effective in the execution of Private Equity/LBO deals.’

‘Caroline Lan: exceptional professional qualities, very strong work force, total involvement in her files with a deep understanding of the issues of the deal (economic, legal, tax) and an ability to go into the details of LBO models and business agreements, a real ability to find concrete solutions (some very innovative) and to find solutions to the most complex legal blockages, good negotiator, very educational with her clients with precision in the analyses and clarity in her recommendations. Probably the best lawyer I have ever had the chance to work with.’

Principaux clients

Groupe Bruxelles Lambert (GBL)


Primonial REIM


Worldine


April


Providence Equity Partners


Somfy


Meridiam


Primonial


TRAIL & Vendis Capital


B & Capital


Harvest


Exaion


Saverglass


Omnes Capital


Principaux dossiers


  • Advised Groupe Bruxelles Lambert on the negotiation of a business combination of Webhelp, 61.5% owned by GBL, and US-based group Concentrix, listed on Nasdaq, creating a prominent global player in customer experience.
  • Advised Primonial REIM on the acquisition of Icade’s stake in Icade Santé, a leading healthcare property company with a portfolio worth €6.9bn.
  • Advised the management of the TSS business of Worldline in the context of its spin-off from the Worldline group.

Goodwin

Goodwin's 'efficient, fast, and pragmatic' team is often called upon by buyers, sellers, investors, equity sponsors, and senior management teams for its private equity expertise. Maxence Bloch steers the practice and handles litigation relating to equity financing and shareholder disputes, in addition to M&A and leveraged buyouts. Thomas Maitrejean majors on LBO transactions, working with domestic and international private equity funds.

Responsables de la pratique:

Maxence Bloch


Autres avocats clés:

Thomas Maitrejean


Les références

‘Efficient, fast, and pragmatic.’

Principaux clients

Armen


Azulis Capital


B & Capital


Capza


Cerea Partners


EMZ


Equistone


FCDE


Latour Capital Management


LFPI


Montefiore Investment


Parquest Capital


Sagard


Three Hills Capital Partners


Tikehau Capital


Principaux dossiers


  • Advised a consortium of investors including IK Partners, Keensight Capital, Parquest Capital and GIC on the acquisition of the Unither group, a European pharmaceutical contract development and manufacturing organisation, from Ardian.
  • Advised the sellers and the management of Sevetys, a veterinary services provider in France with a network of over 200 clinics throughout the country, on the sale of the group to Eurazeo.
  • Advised Parquest on the acquisition of a stake in Imacam, CRP and I.Seris, three groups specialised in radiology and medical imaging in the area of Montpellier (France).

Hogan Lovells (Paris) LLP

The 'excellent' Hogan Lovells (Paris) LLP team handles mid-cap and large-cap transactions on behalf of sovereign wealth funds, private equity funds, institutional investors, strategic investors, and management teams. The practice is jointly directed by Stéphane Huten, who offers 'creativity, responsiveness, and negotiation skills' and focuses on private equity transactions and corporate governance matters. Leading alongside him, Matthieu Grollemund has notable experience in buyout transactions involving the tech and healthcare segments. Xavier Doumen is an additional name to note.

Responsables de la pratique:

Stéphane Huten; Matthieu Grollemund


Autres avocats clés:

Xavier Doumen; Ali Chegra


Les références

‘Excellent team capable of managing very complex files with excellent peace of mind.’

‘Stéphane Huten – excellent understanding of the issues, creativity, responsiveness, negotiation skills.’

‘Ali Chegra – rigour, attention to detail, ability to grasp and monitor all the aspects of a transaction.’

‘In-depth knowledge of the different market players and competitive practices. One-stop shop with experts in each specificity.’

‘Stéphane Huten – combines technical expertise and sense of dealmaking to bring positions together.’

‘Arnaud Deparday – great technical mastery and broad experience.’

Principaux clients

Ambianta


Apax


Atomico


Auum


Azulis Capital


Arkea Capital


BNPP Développement


Socadif


MACSF


Bigblue


Blisce Advisors


BPI France


Bregale


Brut SAS


Calyxia


Capzanine


Cathay Capital Private Equity & Cathay Innovation


Chequers Capital


Chevrillon


Ciclad


Equinor Ventures


Eurazeo


Exotec


FCDE


Felix Capital


Five Elms Capital


GimV


Hi Inov


Homa Games


IDI


Idinvest Partners


Isai


Keensight


Korelya Capital


Latitude


Laurexa Capital Partners


Ledger


LFPI


Long Arc Capital


Montefiore


Naxicap


Northzone


Partech


Proovstation


Quilvest


Raise


Red River West


Seventure Partners


Siparex


TCI Fund Management


Tikehau


TowerBrook Capital Partners (U.K.) LLP


Trocadero Partners


Vade Secure


Verkor


Vestiaire Collective


Wendel SE


White Star Capital


Ÿnsect


Principaux dossiers


  • Advised TowerBrook Capital Partners (U.K.) LLP on the acquisition of Inforpro.
  • Represented Wendel in its exclusive negotiations to acquire the Scalian Group.
  • Advised Maris and the founders on the sale of its majority stake in Equator Energy to a consortium of investors led by IBL Energy Holdings (IBL Energy) and STOA.

Jeausserand Audouard

The 'professional, complementary, and responsive team' at Jeausserand Audouard is highly specialised in the negotiation and structuring of LBO management packages. The group has additional expertise in tax, litigation, and M&A and is routinely called upon by management teams, founders and family investors. The practice is co-directed by five practitioners: Jérémie JeausserandCarole Degonse, Elodie Cavazza, Patrick Loiseau and Antoine Dufrane.

Responsables de la pratique:

Jérémie Jeausserand; Carole Degonse; Elodie Cavazza; Patrick Loiseau; Antoine Dufrane


Les références

‘Great proximity, a strong position to support managers, a very professional, complementary, and responsive team; Jérémie Jeausserand and Elodie Cavazza particularly stand out.’

Principaux clients

Partedis


Simago


Adit


Univet


Groupe LAF Sante


Nutrimuscle


Holweg Weber


Akiem


Vacanceslect Group


Mediascience


Senstronic


A2mac1


Clayens


Saur


Simpliciti


Myha Partners


Mazarine Groupe


Compagnie des Desserts


IH Groupe


Cine Digital


Groupe Irbis


Coriance


Principaux dossiers


  • Advised the top management of A2MAC1 on their LBO.
  • Advised the top management of CORIANCE on their LBO.
  • Advised the top management of SAUR on their LBO.

Linklaters

The practice at Linklaters is frequently instructed by private equity houses seeking assistance with primary and secondary buyouts, restructurings, refinancings and consortium deals. Practice co-head Bruno Derieux specialises in public and private M&A, corporate governance issues, and buyouts, with particular experience in the infrastructure and energy segments. Alongside him, corporate all-rounder and 'exceptional talent' Florent Mazeron garners praise for his 'very strong legal and diplomatic skills'.

Responsables de la pratique:

Bruno Derieux; Florent Mazeron


Les références

‘Florent Mazeron is an exceptional talent. Very strong legal and diplomatic skills. He is much more than the lawyer accompanying you on the legal aspects of a deal. He is a true dealmaker.’

Principaux clients

ARDIAN


Caisse de dépôt et placement du Québec (CDPQ)


Carlyle


Cross-Border Impact Ventures (CBIV)


Cobepa


EIC Fund (European Innovation Council Fund)


EQT Infrastructure


Eurazeo


Extendam


InfraVia Capital Partners


Ivanhoé Cambridge


Kouros Investment


Marguerite


Montagu Private Equity


NW Storm


Peninsula Capital


Qatar Investment Authority


Tassec Investment Holdings Africa


TDR-led consortium


Vauban Infrastructure Partners


Principaux dossiers


  • Advised a TDR-led consortium, the shareholders of LeasePlan, on its successful combination with ALD, Société Générale’s car leasing division, for €4.8bn.
  • Advised Cobepa on the sale of Scalian Group, a leading European consulting firm in digital transformation, project management and operational performance to Wendel.
  • Advised EQT Infrastructure on the acquisition of a majority stake in Trescal, a global leader in calibration laboratories.

Mayer Brown

The 'efficient, pragmatic' group at Mayer Brown frequently supports funds and managers with mid-cap deals and mandates relating to investments and leveraged financings. Practice head Guillaume Kuperfils specialises in advising investors on M&A, joint ventures, and offerings. Key partner Olivier Aubouin routinely advises private investment funds on acquisitions, sales, and strategic minority investments. Vincenzo Feldmann joined the group in November 2022. Gautier Elies and Emily Pennec departed in July and August 2023, respectively.

Responsables de la pratique:

Guillaume Kuperfils


Autres avocats clés:

Olivier Aubouin; Marine Ollive; Vincenzo Feldmann


Les références

‘Efficient, pragmatic and highly professional services. Complete range of skills (legal, tax, financing). Partners and collaborators are committed and passionate about their work.’

‘Team that has perfect knowledge of the LBO market, the conditions of the latest deals, and how to resolve certain specific difficulties through their extensive experience.’

‘Good quality team, attentive, available, knows how to do tailor-made work.’

Principaux clients

21 Invest


Bridgepoint / Bridgepoint Development Capital


Eurazeo


Idi


Intermediate Capital Group (ICG)


Keensight Capital


LBO France


L Catterton


Marlin Equity Partners


Meanings Capital Partners


Montefiore Investment


Oaktree


Ophiliam Management / Funecap Groupe


Qualium Investissement


Raise


Sagard


UI Investissement


Principaux dossiers


  • Advised Funecap Groupe and its management on a transaction over the capital of the group in the context of the reinvestment of all shareholders.
  • Advised ICG on the sale to PAI Partners of its majority interests in Infra Group.
  • Advised Keensight Capital on its majority investment in Nomios Group from IK Partners.

McDermott Will & Emery AARPI

McDermott Will & Emery AARPI's 'smart, friendly, multidisciplinary' practice specialises in advising investment funds on LBO operations, namely acquisitions, build-ups and disposals. The team also assists family shareholders with capital restructuring operations, management teams with LBO mandates and corporations with fundraising. A group of six practitioners co-direct, comprising: the 'highly professional' Grégoire Andrieux and Diana Hund; Henri Pieyre de Mandiargues, who is focused on advising management teams; and Fabrice Piollet, who handles the gamut of mid-cap transactions. Guillaume Kellner and Guillaume Panuel complete the leadership team.

Responsables de la pratique:

Grégoire Andrieux; Diana Hund; Henri Pieyre de Mandiargues; Fabrice Piollet; Guillaume Kellner; Guillaume Panuel


Les références

‘Dynamism, relevance, structuring, very good quality, it’s above its competitors.’

‘Diana Hund – dynamism, mobilization.’

‘Smart, friendly, multidisciplinary, recognized.’

‘Diana Hund and Grégoire Andrieux – both highly professional, get along well with the management teams.’

Principaux clients

Abénex


Ardian


Five Arrows Principal


Bpifrance Investissement


Fabernovel


Chequers Capital


Montefiore Investment


Siparex


Zenchef


Andera Partners


Groupe Finoli


G Square


MBO & Co


Amundi Private Equity Funds


Arkéa


Capza


Luxempart


Treo NOAL GP Sarl (formerly BRG)


MML Capital Partners


Nov Santé Actions Non Cotées fund (managed by Eurazeo)


Fabernovel


Principaux dossiers


  • Advised Five Arrows Principal Investments, the European corporate private equity business of Rothschild Merchant Banking, on entering into exclusivity negotiations with Quilvest Capital Partners and IK Partners to acquire a majority stake in Groupe EDH.
  • Advised Capza, an established European private investment platform focused on small and mid cap companies, on the acquisition of Adone Conseil.
  • Advised Nov Santé Actions Non Cotées fund, which is managed by Eurazeo and is dedicated to the development of healthcare in France, in connection with its minority investment in the Imapôle, a medical imaging group.

Paul Hastings LLP

Paul Hastings LLP's group is well-equipped to handle buyout transactions ranging from mid to large-cap, and has expertise in acquisition finance, restructuring, and tax structuring. Olivier Deren steers the team and frequently advises private equity funds and managers on LBO transactions, in addition to advising portfolio companies on growth strategies and reorganisations. Arthur de Baudry d’Asson specialises in public-to-private deals, while Sébastien Crepy garners client praise for his 'excellent professional qualities'.

Responsables de la pratique:

Olivier Deren


Les références

‘Very high-quality team, extremely responsive and professional. The work is really very accomplished. Great sense of anticipation, and ability to put oneself in the customer’s shoes. At the cutting edge on all technological topics such as invoicing and remote signing.’

‘Sébastien Crepy is a lawyer of very high technical quality – he knows how to adapt to situations to streamline exchanges and achieve a deal. Excellent relationships also, including with the managers we support, which is very appreciable.’

‘The team is very present in the LBO segment, very innovative, proactive and business-driven. The quality and availability of the teams is incomparable on the market. The Paul Hastings team is a true partner in the structuring and deal making of many of our transactions. ’

Principaux clients

21 Invest


Abry Partners


Amundi Private Equity Fund


Andera Partners


Arkéa Capital


Astorg


B & Capital


BNP Paribas Développement


Bpifrance


Capza


EMZ Partners


EQT


Equistone


Eurazeo


FCDE


Five Arrows Principal Investment


Francisco Partners


Gimv


IK Partners


Insight Partners


Intermediate Capital Group (ICG)


ISAI


Keensight Capital


Keysight


LFPI


LGT Capital


Mérieux Equity Partners


MML Capital


Montefiore Investment


Morgan Stanley Infrastructure Partners


Mubadala Capital


Providence Equity Partners


Qualium Investissement


RAISE Investissement


Sagard NewGen


Siparex


SOCADIF


Société Générale Capital Partenaires


Symphony Technology Group


Tikehau Capital


Turenne Capital


Wendel


Principaux dossiers


  • Advised Five Arrows Principal Investment (FAPI) on the sale of A2MAC1, in the context of an LBO structured by Providence Equity Partners.
  • Advised Providence Equity Partners in connection with its investment in Marlink.
  • Advised Keensight Capital in connection with the LBO of Unither Pharmaceuticals, a consortium composed of GIC, Keensight Capital, IK Partners and Parquest.

Scotto Partners

The 'excellent, hyper-dedicated' practice at Scotto Partners is a strong choice for managers and executives seeking advice on management packages. The group is equipped to handle mid to large-cap transactions and has additional capabilities in M&A, corporate, employment, and tax matters. Six partners co-direct the team: Lionel Scotto le Massese, Claire Revol-Renié, and Adrien Badelon major on advising senior management on private equity transactions; Isabelle Cheradame is singled out by one client for her 'rigour, availability, and involvement'; and Jérôme Commerçon and Emilie Renaud focus on tax.

Responsables de la pratique:

Lionel Scotto le Massese; Claire Revol-Renié; Isabelle Cheradame; Adrien Badelon; Jérôme Commerçon; Emilie Renaud


Les références

‘Excellent practice, hyper-dedicated to its clients.’

‘Isabelle Cheradame is noted for her rigour, availability, involvement and seriousness.’

Principaux clients

Diot-Siaci


Greenyellow


Calderys (Imerys HTS division)


Arkopharma


Linxis


Kiloutou


MailinBlack


Indigo


Lapeyre


Doctrine


Babcock Wanson


LFDE


Courir


+Simple


White & Case LLP

White & Case LLP routinely advises private equity houses, alternative capital providers, credit and sovereign wealth funds on primary and secondary LBOs, venture capital and growth investments, fundraising, and debt restructuring. The team collaborates closely with colleagues in the firm's M&A, finance, capital markets, tax, and employment groups. Saam Golshani steers the practice and has particular experience advising clients on private equity transactions involving the tech segment. Nathalie Nègre-Eveillard and Xavier Petet are additional key contacts.

Responsables de la pratique:

Saam Golshani


Autres avocats clés:

Nathalie Nègre-Eveillard; Xavier Petet


Principaux clients

Eurazeo


Cathay Capital


Macquarie Capital


Tikehau Capital


Carlyle


Cube Infrastructure Managers


Caisse des Dépots et Consignations (CDC)


Caisse de dépôt et placement du Québec (CDPQ)


Bpifrance


Omnes Capital


Mérieux Equity Partners


Qualitas Equity Partners (Qualitas Energy)


FCDE


Mazarine Group


LFPI Gestion


Softbank


Revaia


CVC Capital


Oaktree Capital


Goldman Sachs


Sienna Capital


Principaux dossiers


  • Advised Freo and Cheyne Capital on the acquisition of Confiance.
  • Advised Mazarine Group and its founder in connection with the investments of LBO France, FG Bros and another private equity fund in its capital.
  • Advised Carlyle, acting through Telis Energy, on its investment in Terapolis, a France-based renewable energy company, with Terapolis’ founder, Carole Descroix, to develop renewable energy projects in France.

Ashurst LLP

Responsables de la pratique:

Noam Ankri; François Hellot; Anne Reffay


Principaux clients

Dyal Capital Partners


Sun Capital Partners


Blackrock


CBRE


Caravelle


Klee Group


Mrs Karin Sartorius Herbst


Merieux Equity Partners


Creadev


Certares


Agilitas Private Equity


Arcapita


Axioma


73 Strings


Safran Corporate Venture


Oxford Properties


Principaux dossiers


  • Advised Caravelle in connection with opening the share capital of its majority-owned subsidiary Kestrel Vision to a minority investment in equity and quasi equity by a Luxembourg-based investor.
  • Advised an affiliate of Sun Capital Partners LLP on the sale of C&K Holdings Inc., a manufacturer of high quality electromechanical switches to Littelfuse Inc. for $540m.
  • Advised Kasada Hospitality Fund LP on its acquisition of the Lamantin Beach Hotel, a first class hotel in Dakar, Senegal.

August Debouzy

Responsables de la pratique:

Julien Aucomte; Julien Wagmann


Autres avocats clés:

Etienne Mathey


Les références

‘August Debouzy is truly exceptional. Their client-centered approach, cutting-edge technology and outstanding track record set them apart from the rest. Highly recommended for anyone in need of legal assistance.’

‘The individuals I work with at August Debouzy are truly exceptional. Their expertise, dedication, and collaborative spirit set them apart from competitors. I’ve particularly valued the guidance and insights provided by Julien Wagmann, which have been instrumental in achieving our goals.’

Principaux clients

I Squared Capital


Cathay capital


Kohlberg Kravis Roberts & Co. Partners LLP (KKR)


Meridiam


Infravia capital partners


IK Partners


Argos Wityu


Raise investissement


Capzanine


Creadev


Cleary Gottlieb Steen & Hamilton

Responsables de la pratique:

Charles Masson


Les références

‘The Cleary team has no equivalent on the market for its ability to handle the most complex and difficult transactions requiring creativity.’

‘I have been working with Charles Masson for several years. He is the best lawyer and one of the smartest men I have ever worked with. What impresses me the most is his ability to cover all the topics and all the details, without ever having any blind spots. 100% secure.’

Principaux clients

Sixth Street


Apollo


NVHL


Bridgepoint


Sienna Capital


Latour Capital


De Agostini


Cerberus


CGF Bourse


Principaux dossiers


  • Assisted Sixth Street with its €260.8m investment in Series F shares issued by Content Square S.A.S. (Contentsquare).
  • Assisted the investment funds managed by affiliates of Apollo (Apollo Funds) in the proposed acquisition and acquisition financing of the Terminals, Solutions & Services (TSS) business line from Worldline.
  • Assisted Latour Capital with its acquisition of Gutor from Schneider Electric SE (Schneider Electric).

De Pardieu Brocas Maffei

Responsables de la pratique:

Jean-François Pourdieu


Autres avocats clés:

Cédric Chanas; Matthieu Candia


Les références

‘High-performance team with a complete offering for an LBO transaction. Team among the very best on the mid-cap market at a lower price than other firms. Team at the forefront of recent developments in arrangements in terms of structuring. Finally, their colleagues located elsewhere in Europe are also first-rate.’

‘Humility. Simplicity. Efficiency’

‘Cedric Chanas is an exceptional lawyer who knows how to navigate complicated environments with energy and a smile.’

Principaux clients

Elyan


Arkea


Gimv


Initiative & Finance


Emz Partners


Exor


Mbo & Co


Ui Investissement


21 Invest


Credit Mutuel Equity


Dentressangle


Cathay Capital Private Equity


Eiffel Investment Group


BNP Paribas Developpement


Five Arrows


Kartesia


Mubadala Capital


Société Générale Capital Partenaire


Florac Investissement


Siparex


Raise Investissement


Meanings Capital Partners


Indigo Capital


Credit Agricole


Ergon Capital


Principaux dossiers


  • Advised Cédric Varasteh, founder and partner of EuroTechnoCom group (ETC), front line supplier specialising in telecommunication and technology facilities, in connection with the acquisition by Cinven of a majority stake in ETC’s share capital.
  • Advised Exor N.V., a holding company controlled by the Agnelli family, heirs of the founder of Fiat, and shareholders of Ferrari, Stellantis and PartnerRe, on the signing of a long-term partnership with Institut Mérieux, which specialises in global health, under the terms of which Exor will acquire, through a capital increase, a 10% stake in Institut Mérieux for an investment of €833m.
  • Advised EMZ Partners on the sale of its stake in Onet Group, an international player in engineering and services.

DLA Piper

Responsables de la pratique:

Sarmad Haidar; Simon Charbit


Autres avocats clés:

Thomas Priolet


Les références

‘Thomas Priolet is a very promising young associate. He has a sense of customer service, is very commercial when necessary and masters the most complex technical issues.’

Principaux clients

Mérieux Equity Partners


Vauban Infrastructure


MML Capital Partners


Symphony Technology Group


Cube Infrastructure Partners


LBO France


Cathay Capital Private Equity


Metric Capital Partners


Tikehau Capital


Eurazeo


Circet management


21 Partners


Newfund


Sun Capital Partners


Summa Equity


Keensight Capital


The Carlyle Group


Dentressangle


Meanings Capital Partners


IDI


Chevrillon


HY 24


ID Logistics


Principaux dossiers


  • Advised Vauban Infrastructure Partners in the context of the exit of FGP MidCo Limited (Funds Asterion) from Financière Groupe Proxiserve.
  • Advised Mérieux Equity Partners in the context of the acquisition of a minority stake in Janvier Labs group, followed by the refinancing and the implementation of a new debt at the level of the group.
  • Advised MML Capital on its investment in the Arηs Group, alongside the founders and managers of the group, through a leverage primary buy-out transaction.

Franklin

Responsables de la pratique:

Yam Atallah; Alexandre Marque


Autres avocats clés:

Lionel Lesur; Laura-Isabelle Danet; Jacques Mestoudjian


Les références

‘The team is solid and competent. Fast and clear.’

‘Very agile team and very focused on the specific issues of its clients, beyond the deal itself. Real relationship-building approach with a desire to help.’

‘Multi-disciplinary, committed, reliable, responsive and of good quality for intermediate-sized M&A files or legal due diligence. Quality service provided.’

‘Lionel Lesur – good perspective, ability to find solutions to problems, does not hesitate to give an opinion.’

‘Laura-Isabelle Danet – responsive, hardworking, systematic, does not forget anything, reliable, rigorous.’

Principaux clients

Addinsoft


Altice


Biotech Investissement


Créations Fusalp


EFESO Consulting


Eurazeo


Groupe Magellim


Guémas


Perseus


Perwyn


Sagard


TKH Group NV


Tikehau Investment Management (ex-Tikehau Ace Capital)


Turenne Invest


Principaux dossiers


  • Advised Perwyn on the acquisition of the business from Tikehau Capital and Montefiore de Cruiseline.
  • Advised the owners and managers of insurance broker Guémas on the two-stage sale of their interests in three separate insurance brokerage companies to a holding company controlled by Naxicap.
  • Advised TKH Group NV on an exclusivity agreement in favour of the European investment fund Argos Wityu for the disposal, by way of an LBO, of all the shares in TKH France.

Gibson Dunn

Responsables de la pratique:

Bernard Grinspan; Ariel Harroch


Les références

‘Perfect mastery of files. Great competence, permanent availability.’

‘The team is excellent from top down. They have a great knowledge of the market and all the relevant players. They give great, commercial advice, and are capable of assisting us in problem-solving.’

‘Bernard Grinspan is excellent and his mastery of French law and the entertainment industry was impressive. He gave us great service!’

Principaux clients

Platinum Equity Advisors


Brookfield


KKR


The Carlyle Group


Veritas Capital


Bpifrance Investissement


Stirling Square Capital Partners


Kartesia


Mutares


Tikehau Ace Capital


HOCHE AVOCATS

Responsables de la pratique:

Jean-Luc Blein; Marie Peyrega; Didier Fornoni


Principaux dossiers


  • Advised Meanings Capital Partners on the acquisition of the majority stake in Jems Group.
  • Advised Derichebourg Group on the transfer of Derichebourg Multiservices to Elior Group.

Jeantet

Responsables de la pratique:

Philippe Matignon; Pascal Georges


Autres avocats clés:

Maxime Brotz


Les références

‘Highly competent within field of expertise. Actively taking part in negotiations and solutions in difficult transaction and structures. ’

‘Negotiation skills. Reading the positions and develop compromises. Legally technically strong.’

‘It is a multidisciplinary team, which brings together experts in many fields, who can be mobilized quickly. Very proactive team in processing files, great stability of contacts, adaptability and availability.’

‘The Jeantet team is distinguished by the great availability and complementarity of associates and their experience in terms of negotiation and great creativity in the solutions proposed. Jeantet knows how to adapt its team to the problems proposed. Each time a quality expert is offered, well coordinated by the Partner in charge of the file.’

‘Within the team, Guillaume Fornier particularly stands out: great expertise in M&A, very good support in negotiations and great creativity in the solutions proposed. He is also always available and very pedagogical.’

‘Very experienced team in all aspects of mid-market LBO transactions (tax structuring, financing document, shareholders’ agreement, full scope due diligence, investment protocol, management incentive package, etc.)’

‘Maxime Brotz: One-stop shop, a 360 mastery of the issues. Finesse in negotiation / adaptation to the situation and remarkable responsiveness, capacity for work. Ability to adapt to the context (we win together/we lose together).’

Principaux clients

Argos Wityu


LBO France


DZETA Conseil


Turenne Capital


Five Arrows Principal Investments


Omnes Capital


Bridgepoint Development Capital


Apollo Global Management


Otium Capital


Conquest


2° Investing Initiative


Tikehau Investment Management


Principaux dossiers


  • Advised Apollo Global Management on the signing of a final agreement for a €500m investment in a subsidiary of Air France-KLM.
  • Advised Bridgepoint Development Capital on the French aspects of the acquisition of a majority stake in the share capital of Analysys Mason from Datatech.
  • Advised LBO France in connection with the entry into exclusive negotiations with Groupe HLD for the sale of its majority interest in Infodis, Entreprise des Services Numériques.

LL Berg

Responsables de la pratique:

Olivier Abergel; Gaëlle Quillivic


Autres avocats clés:

Julien Caracosca


Les références

‘Very great rigour and commitment. Formidable agility.’

‘Olivier Abergel: excellent understanding of deals, unparalleled negotiation skills, excellent interpersonal skills. Gaëlle Quillivic: great technical skills, excellent understanding of dynamics, total commitment to her clients.’

‘Olivier Abergel – extraordinary leader, ability to orchestrate and mobilize his teams, great tactical sense on deals, real commercial sense, references on impressive deals. Gaelle Quillivic – ultra efficient, very structured, capable of taking deals very far, great strength. Julien Caracosca – in-depth technical expertise, commercial sense, particularly with younger generations of entrepreneurs.’

‘Olivier Abergel stands out for his holistic view of files with an ability to focus on key points. Gaëlle Quilivic is a formidable negotiator with an eye for detail.’

‘The LL Berg team stands out from competitors by its strong knowledge of its clients’ businesses, its responsiveness and its ability to involve all the skills necessary for the success of the project from the start of the project.’

‘All members of the team are excellent lawyers and their strength comes in particular from their ability to work together and bring together other professionals around them.’

‘Complete, responsive, professional. Simple, direct and above all very pragmatic relationship.’

‘The team is very professional, very committed and innovative in its approach.’

Principaux clients

Mon Véto


Mademoiselle Desserts


Cambon Partners


123 Investment Managers


Globeducate


Providence Equity Partners


Idico


FCDE


Enalia


Principaux dossiers


  • Advised Mon Veto on the investment of Ardian in Mon Veto’s share capital.
  • Advised Mon Veto on Barings’ unitranche investment of €200m following the unitranche lender’s financing of Mon Veto’s debt last year.
  • Advised 123 Investment Managers, a private investment house managing €1.3bn assets, on its cumulated investment of €100m in a pharmaceutical group comprising 100 pharmacies.

Mermoz Avocats

Responsables de la pratique:

Thomas Hermetet; Gilles Roux; Tristan Segonds


Les références

‘Availability, clarity of explanations, good quality.’

Principaux clients

Amundi Private Equity Funds


Andera Acto


Andera Partners


Apax Partners (Now Named Seven2)


Banque Populaire|Cic, Credit Agricole Societe Generale


B&Capital


Bnp Paribas Développement


Bpi


Ciclad


Docoon


Eurazeo


Idico (Ex Omnes Capital)


Isai


Momentum Invest


New Alpha


Nci


Ouest Croissance


Pictet


Pinson Paysages


Seven2 (Ex Apax Partners)


Siparex


Unigrains


Principaux dossiers


  • Advised Amundi on its investment in ADIT’s capital, enabling it to become one of the group’s main shareholders alongside Bpifrance, Parquest and Amundi.
  • Advised lender Banque Populaire du Nord in the LBO of Juliette Has a Gun (perfumes), led by Cathay Capital and Weinberg Capital Partners.
  • Advised Omnes Capital on its acquisition of a stake in Eclairion, the first containerised supercomputer hosting centre in Europe.

Moncey Avocats

Responsables de la pratique:

Guillaume Giuliani


Les références

‘Friendly, pragmatic team that delivers!’

Principaux clients

Seven2


Capza


EMZ Partners


Andera Partners


Raise


Quilvest Capital Partners


IK Partners


Trajan Capital


MBO+


Cerea Partners


Sparring Capital


Activa Capital


Trocadero Capital Partners


B & Capital


21 Invest France


M80 Partners


Perwyn


Turenne Group


Principaux dossiers


  • Assisted E.C.F. Group and its managers, in exclusive negotiations with PAI Partners for the sale of a majority stake (LBO) by Naxicap Partners and Weinberg Capital Partners.
  • Assisted EMZ Partners in its c. €300m acquisition of Clubfunding Group.
  • Assisted Rougnon Group’s founders and managers in the acquisition of a stake by Chevrillon Group.

Orrick

Responsables de la pratique:

Patrick Tardivy; Olivier Jouffroy


Autres avocats clés:

Marine Jamain


Principaux clients

3i Group


Almaviva Capital (a Wren House portfolio company)


Antin Infrastructure Partners


Aptean (a portfolio company of TA Associates)


Ardian Infrastructure


Axa Investment Managers


CNP Assurances


DIF Capital Partners


EDF Invest


Eurofiber (a portfolio company of Antin)


Impax Asset Management


NXMH


Pasqal


Proximis


Safran


Saur (a portfolio company of EQT)


Société d’investissement Bastide – SIB


Société Générale


Stokke AS (a portfolio company of NXMH)


Sunfunder


Principaux dossiers


  • Advised Ardian Infrastructure on the acquisition of a majority stake in the capital of GreenYellow from French mass-market retail giant Groupe Casino, Tikehau Capital and Bpifrance.
  • Advised EDF Invest on its acquisition of a 27% stake in US datacentre operator DataBank alongside co-investor Swiss Life AM.
  • Advised Antin Infrastructure Partners, a France based private equity firm, on its acquisition of a controlling stake and further investments in Power Dot, a Portugal based EV charging infrastructure operator.

Archers A.A.R.P.I.

Autres avocats clés:

Mark Richardson; Kamal Naffi; Marc Baffreau; Emily Pabot du Chatelard


Les références

‘Professionalism, flexibility, customer service.’

‘The team showed great knowledge when supporting our capital operations. Here I am talking about great expertise to defend our interests, but also responsiveness to find suitable solutions for all parties.’

‘Very good brand image on the market; reputation and experience; tailored support by a small and integrated team with cross-functional skills. Very professional and structured support.’

‘Kamal Naffi – very high technical skills and in-depth knowledge of the actors of this type of operation and their constraints; strength of proposal and innovation; excellent interpersonal skills for negotiation.’

Principaux clients

Abenex


Amundi


Capza


Sagard


Francisco Partners


Quilvest


Trocadero Capital Partners


Capsule Technologies


11 Strat Management Team


Naxicap


Yellow Wood Partners


Talan


Sumeru Equity Partners


MiiMosa


Private Corner Management


Omnes Capital


Bersay

Responsables de la pratique:

Jérôme Bersay; Pauline Darmon; Anya Hristova; Pierre-Louis Périn


Principaux clients

Perspecteev


Frédéric Jousset / Quadia


METabolic Explorer


EureKARE


3.6.2 Participations


Entrepreneur Invest


Quadient


Principaux dossiers


  • Assisted Entrepreneur Invest in the MBO of CEMOM, a French-Polish group specialised in the production and distribution of door and window hinges.
  • Advised the 3.6.2 Participations fund on its acquisition of Garella Mode & Design.
  • Assisted Quadient with the divestiture of one of its business units – Shipping Technology Products – to some of its managers through a MBO.

Bignon Lebray

Responsables de la pratique:

Tanguy Dubly


Principaux clients

Tikamoon


Rabot Dutilleul


Rodricap


Principaux dossiers


  • Advised Tikamoon on its acquisition by the LFPI group.
  • Advised RABOT DUTILLEUL, an independent family-owned construction group, on its €6m fund-raising from four investors in the Hauts-de-France region.

D'Ornano + Co.

Responsables de la pratique:

Raphaëlle d’Ornano


Les références

‘Raphaelle d’Ornano – innovation, involvement, listening, creativity, rigour.’

Principaux clients

Bridgepoint


MML Capital


Marlin Equity Partners


Keensight Capital


Montagu


The Carlyle Group


Montefiore Investment


Sagard


Activa Capital


Sagard


Principaux dossiers


  • Advised Stanley Capital on its buyout operation on Laboratoire X.O.
  • Advised Keensight Capital on its buyout operation on Lisam Systems.
  • Advised Meanings Capital Partners on its buyout operation on Kaliti.

Dentons

Responsables de la pratique:

Olivia Guéguen


Autres avocats clés:

Caroline Pucel; Pierre-Marie Gallo


Les références

‘Very responsive, excellent support for clients. Caroline Pucel did an excellent job.’

‘Competent team in both M&A and pure corporate support. Good customer service and responsiveness.’

‘Olivia Gueguen has a good understanding of business issues and is a dealmaker who defends the interests of her clients. She has a good team around her including Pierre-Marie Gallo.’

Principaux clients

The partners of Financière Desselligny


Uptoo


Pechel / Sparring Capital


Abenex


Alpha Private Equity


Essling Capital


Gilde Healthcare


KKR


Neo Investment Partners


Vauban Infrastructure Partners


Principaux dossiers


  • Advised Uptoo and its founders, Didier and Marie Perraudin, in the context of an owner buy out (OBO) led by private equity house Ardian.
  • Advised Neo Investment Partners, founder Pierre Marcolini, as well as the management, on the sale of chocolatier Pierre Marcolini.
  • Advised Pechel on the sale (via a secondary LBO and a share deal) of Financière Java, a service provider for data-driven companies to Meanings Capital Partners.

FIDAL

Responsables de la pratique:

Sabrina Bol


Principaux clients

Energy Pool Developpement


Glass Invest


Faguo


Siparex


Bioswell


Unexo


Idia Capital Investissement T


Bnp Developpement


Principaux dossiers


  • Advised Energy Pool Developpement and its founders in the context of an LBO.
  • Advised Faguo, B Corp certified eco-responsible clothing and footwear retailer, and its founders, in the context of an LBO.
  • Advised Bioswell on the creation of an integrated group between 3 companies.

Fieldfisher

Autres avocats clés:

Pascal Squercioni; Jean-Baptiste Van de Voorde; Philippe Netto


Les références

‘Availability, high quality support, pragmatism, diplomacy.’

‘Pascal Squercioni – always provides good advice, knows how to build excellent links with all stakeholders.’

Principaux clients

Aerophile


Biogest Invest


Vivalto Partners


Swen Capital Partners


HIVEST Capital


Crédit Mutuel Equity


123 IM


Idia Capital Investissement


FTPA

Responsables de la pratique:

Nathalie Younan


Autres avocats clés:

Charles-Philippe Letellier; François-Xavier Beauvisage


Principaux clients

Noema Pharma


Groupe Monplaisir


Amavi Capital


NextStage AM


Iris Galerie


Pennylane


Dilitrust


Principaux dossiers


  • Advised Amavi in the context of its investment in Check & Visit.
  • Advised NextStage AM and Sodero Gestion on their investment in Faguo.
  • Advised Noema Pharma on the French aspects of its oversubscribed Series B financing round.

Joffe & Associés

Responsables de la pratique:

Virginie Belle; Aymeric Degremont; Christophe Joffe; Thomas Saltiel; Romain Soiron


Principaux clients

Gpg Granit


Groupe Pilocap / Capital Croissance


Groupe Zephyr


Bpi France


Glass Partner Solutions


Automatique & Industrie (Ai)


Numworks


Irbis Group


Hygie 31 / Eslker Group


Arj / Socadif


Be Spline / Adamson Systems Engineering


Fogale Sensors


Itfacto


Nextstage


Avignon Ceramic


Aktid


Principaux dossiers


  • Advised the Irbis group on a primary LBO alongside IK Partners as minority shareholder, Nextage AM and Matignon Investissement et Gestion, the historical shareholders.
  • Advised the investors (Capital Croissance, Sofimac and Adaxtra) in the context of the LBO of Pilocap Group, a specialist in professional training in the fields of security and logistics.

King & Spalding LLP

Responsables de la pratique:

Laurent Bensaid


Principaux clients

Montefiore Investments


Cathay Capital Partners


Almerys


Blackfin Capital Partners


EMZ


Ardian


Spie batignolles


KPMG Avocats, France

Responsables de la pratique:

Franck Bernauer; Delphine Capelli; Jean-Etienne Chatelon; Albane Egliner; Sophie Fournier-Dedoyard; Mathieu Gautier; Xavier Houard; Audrey-Laure Illouz; Vincent Lacombe; Xavier Lemarechal; David Lucas; Olivier Masi; Laurence Mazevet; Florence Olivier; Benoît Roucher; Jérôme Talleux


Principaux clients

IK Partners


Isai


Charterhouse


Siparex


MyFlower


Wendel


Latour Capital


Emeraude Solaire


Arkea Capital


Pur Project


Abenex


Arkéa Capital


Florac/Peninsula


Infravia


Geneo Capital Entrepreneur


Macquarie Asset Management


NCI


Opleo Avocats

Responsables de la pratique:

Pierre-Olivier Bernard; Antoine Degorce


Les références

‘Pierre-Olivier Bernard is fast and effective.’

‘Good background and experience on relevant management packages. Very good level of associates.’

Piotraut Giné Avocats (PGA)

Responsables de la pratique:

Raphaël Piotraut; François Giné


Autres avocats clés:

Suzanne de Carvalho; Gabriel Percevaut


Les références

‘The team’s members demonstrated availability, responsiveness and pugnacity. They were able to navigate independently but keep our attention on essential subjects’

‘Raphael Piotraut, Suzanne de Carvalho, and Gabriel Percevaut – responsive, competent, proactive, dealmakers.’

‘Team that listens and takes your comments into account.’

Principaux clients

Paillard


Andera


Manymore


Sfeir


Apsim Groupe


Digisap


Hubvisory


Size Factory


Teolia


Novepan


Momentum / Digital Prod


Vendome Investissement Conseil


Orchestra (Travel Compositor)


Novexa


CIMG


Splashr


Hillstone


Principaux dossiers


  • Advised Andera (Actomezz) on the acquisition via LBO of Auris Gestion.
  • Advised Digisap’s founder on the LBO transaction realised with Naxicap.
  • Advised Teolia’s founders on the LBO transaction realised with Adaxtra.

Racine

Racine

Responsables de la pratique:

Marie Pouget


Autres avocats clés:

Linda Bessa


Les références

‘Superb private equity team.

‘Team that masters the legal and technical aspects of LBO operations.’

‘Marie Pouget is a very good professional, very available and endowed with strong technical qualities.’

‘Excellent PE / LBO team, with a great level of involvement at all levels of the hierarchy, in a well-established full services independent firm.’

‘Marie Pouget is an outstanding negotiator who is able to create consensus. She is proactive, reliable, innovative and a very smart and committed deal-maker.’

‘Marie Pouget’s team: very efficient, with perfect interaction and mastery of the subjects. Files are handled with rigor and fluidity.’

‘A top-notch team which handles complex transactions including complex equity and debt financing transactions with cross-border aspects. Marie Pouget and her team deliver top quality services and succeeded in quickly breaking through in the French private equity market. ’

‘Marie Pouget is creative, reliable, technical, business driven and quite good at negotiating. She is an easygoing person, including when it comes to work under high pressure.’

Principaux clients

Five Arrows


Isatis Capital


Groupe HLD


TowerBrook Capital Partners


Demeter Investment Managers


Bridgepoint Capital Development


Abenex Capital


Andera Partners


Principaux dossiers


  • Advised TowerBrook Capital Partners on a leverage recapitalisation transaction by Sabena Technics Participation.
  • Advised Five Arrows Sustainable Investments on a secondary leveraged buyout (LBO) transaction on Financière Canella (SMRD-BAT 92’s and Harmonie’s holding) involving Andera Partners.
  • Advised Senef Soft, its founders, and its management team on the acquisition of a minority stake in the client by Isatis Capital—an independent private equity firm specialising in small and medium-sized enterprises (SME) financing – accompanied with a cash-out by the founders.

Sekri Valentin Zerrouk

Responsables de la pratique:

Franck Sekri; Géraud de Franclieu; Pierre-Emmanuel Chevalier; Antoine Haï; Olivier Legrand; Oscar Da Silva


Principaux clients

Ba&sh


The Zouari Family


Geneo Capital Entrepreneur


Izipizi


Zenith Capital


Nijkerk Group


BK Consulting


Turenne Groupe


Valtus


A.P.C.


Zeway


Solcera


Qima


Seven2 Development (formerly know as Apax Partners)


Amundi Private Equity


Chequers Capital


Leader Group / Geneo Capital Entrepreneur


MMS


Principaux dossiers


  • Assisted the management of fashion brand ba&sh in its LBO led by HLD fund.
  • Advised the Zouari family on its acquisition of Stokomani.
  • Advised QIMA, a leading provider of supply chain compliance solutions, in connection with the acquisition of a minority interest in CDPQ (Caisse de Dépôt et Placement du Quebec).

Spark Avocats

Responsables de la pratique:

Ariane Oliver; Mathieu Ducceschi; Florian Mayor


Les références

‘Versatile and rather open to new approaches and new technology.’

‘Ariane Oliver: unique combination of legal expertise and detailed understanding of business issues and the psychology and needs of stakeholders.’

‘Mathieu Ducceschi: defense of client interests, flexibility and creativity.’

‘Ariane Oliver – intelligent and pragmatic.’

Principaux clients

SELFEE


Constructions Babcock Services


Actionnaires Keyboss Grou


RNI Conseil


Data Legal Drive


Aveine


Metron


Buyco


SDEC GROUP


Ixo engineering


December Digital


Mors Transmission


Zimmermann St Barths


Stella Maris Equity


Albert


Sillage Transmission


Eliasun


Inovaloreg


Berceau des Rois


Primus Transmission and Actibio|


Principaux dossiers


  • Advised Selfee on the negotiation and drafting of the documentation relating to the €11m capital increase.
  • Advised December Digital on the acquisition of the group Cliken Web.
  • Advised the founder and shareholders of the company RNI CONSEIL, on the sale of the 100% of the share capital of the company to ProductLifeGroup.

Stephenson Harwood

Responsables de la pratique:

Clotilde Billat; Guillaume Briant


Principaux clients

EasyVista and its shareholders Eurazeo and Cathay Capital


Joint Partner


Creadev International


Andera Partners


Trocadero Capital Partners


Access Capital Partners


Renaissance Fusion


Mirova


Altitude


Bienprevoir.fr – Primaliance


Arkéa Banque Entreprises & Institutionnels


Groupe Pegase


DMS GROUP


Principaux dossiers


  • Advised Andera Croissance and Trocadero Capital Partners, as well as the Pégase Group, in the context of its first external growth operation to acquire Aléo Group.
  • Advised Renaissance Fusion in the context of its €15m fundraising.
  • Advised Mirova in the context of a fundraising of €32m carried out by Naïo Technologies.

Veil Jourde

Responsables de la pratique:

Géraud Saint Guilhem; Laurent Jobert


Principaux clients

LFPI


Idia


Socadif


Perceva Capital


Sofilaro


Bpifrance


Latour Capital


Trail


MBO &Co


Carvest


CDC (Caisse des dépôts et consignations)


UI Investissement


LVMH Luxury Ventures (LLV)


Principaux dossiers


  • Advised LFPI on the acquisition by LBO of IFOP, bought from Dentressangle.
  • Advised Cosmobilis on the complex acquisition of 100% of the share capital of Bee2Link from Bridgepoint funds, managers and shareholders, with a reinvestment of managers.
  • Advised Equancy’s founders on the sale to European Digital Group.

Winston & Strawn LLP

Winston & Strawn LLP

Responsables de la pratique:

Grine Lahreche


Autres avocats clés:

Audrey Szultz; Thomas Pulcini; Ariane Berthoud


Les références

‘Grine Lahreche stands out for his commitment to his clients, availability and ability to adapt to customer needs and innovate to meet them. He is also an excellent negotiator. Audrey Szultz – rigour, ability to deliver – very high quality service.’

‘Expertise, availability, quality of advice and support.’

‘The entire team I dealt with was excellent in their area of ​​expertise, monitoring and coordination: Grine Lahreche, Audrey Szultz, Thomas Pulcini.’

‘Proximity with customers, responsiveness, quality of relationship. Situational intelligence, market knowledge. Ability to find creative solutions and compromises.’

‘The team stood out for its technicality and professionalism. In particular, the team showed great availability throughout a difficult process.’

‘Grine Lahreche led the project with great professionalism. He showed a particularly keen understanding of the issues and forces involved. With great finesse, he knew how to defend the interests of our clients from start to finish.’

‘Very detailed knowledge of the French private equity market and great mastery of files.’

‘Professionalism and availability. Very good knowledge of the health sector.’

Principaux clients

123 Investment Managers


21 Invest France


Albarest Partners


Andera Partners


Apax Partners/Crystal Holding


Aqua Asset Management


Ardian Growth


Ardian Private Debt


Ardian Private Equity


Biofutur


Bpifrance


CAPZA


Eurazeo Direct Lending


H.I.G. Capital Partners


IK Partners


Indigo Capital


Initiative & Finance


ISAI


Keensight Capital


LBO France


MBO & Co


Muzinich French Private Debt


Omnes Capital (IdiCo)


Pléiade Investissement


Questel International


Quilvest Capital Partners


S2G Advisors llc


Siparex


Syparex Intermezzo


Telemos Capital


Principaux dossiers


  • Advised CAPZA on the sale of its entire stake in Coutot-Roehrig, the largest probate research company in Europe.
  • Advised Keensight Capital on the acquisition of a majority stake in BYG4lab, a leading data management software for medical laboratories.
  • Advised the management team of the Milexia Group on the acquisition of a majority stake by Crédit Mutuel Equity.

YARDS

Responsables de la pratique:

Igor Doumenc; Jean-Philippe Jacob


Les références

‘Efficient, constructive and always available team.’

‘Igor Doumenc and Julien Brouwer: listening skills, pragmatic professional and quality of advice.’

Principaux clients

NextStage


Oasys & Cie


Esktend


Weinberg Capital Partners


BlaBlaCar


Malt


Back Market


Alantra International Corporate Advisory


Natixis Investment Manager


Peninsular Capital


Montaner Pietrini Distribution


Aquila Asset Management


Herbarom Group


Newen Studios


Flowdesk


Coinhouse


XAnge


Enowe


Proxistore


Mithril Security


Conquest


Nalo