De Gaulle Fleurance contributes to the Legal 500 Tech M&A 2025 guide
The Legal 500 Tech M&A 2025 (link here) guide has just been released, spotlighting technology transactions on the French market. De Gaulle Fleurance is proud to be among the contributors, sharing a hands-on perspective shaped by recent deals across the ecosystem — start-ups and scale-ups, VC and private equity funds, and strategic buyers navigating digital growth.
Our contribution focuses on the issues that make Tech M&A a category of its own:
- Acquiring VC-backed start-ups: complex cap tables, investor protections, liquidation preferences, exit rights and founder alignment.
- Price structuring: earn-outs, deferred consideration and adjustment mechanisms to reflect growth-driven valuation.
- Governance and post-deal integration: retention of key talent, management packages, board dynamics and operational transition after closing.
- IP, data and regulatory risk: ownership chain for software and tech assets, open-source exposure, GDPR, cybersecurity and sector-specific regulations (including sensitive-tech controls where relevant).
The goal is simple: highlight the pressure points that matter most in French Tech M&A and provide practical ways to secure the deal without slowing the business.
Thank you to Legal 500 for the invitation, and congratulations to all contributors involved in this collective publication.
Planning a Tech M&A transaction in France? Our M&A, Tech, IP/IT and Data experts support you from structuring to post-closing integration.
