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Mergers & Acquisitions

We support our clients (groups, institutions, mid-sized companies, SMEs, family business, start-ups, financial investors, etc.) operating in various sectors such as energy, financial services, real estate, media, health and life sciences, TMT, agri-food, etc.

Our decentralised organisation enables us to mobilise all the expertise required for M&A transactions (tax, employment law, IP/IT, regulatory, etc.) within a team dedicated to each project.

 

Areas of Intervention

Mergers and acquisitions

We advise on all types of transaction, including acquisitions and disposals of shares or assets, joint ventures and spin-offs, in both domestic and international contexts.  We assist our clients throughout the entire process implementing their transactions, and in particular at each of the following stages:

  • Legal and tax structuring, strategic advice;
  • Due diligence  or vendor due diligence ;
  • Negotiation of pre-contractual documentation (letter of intent, term sheet, indicative or firm offer) ;
  • Negotiation of transaction documentation (share purchase agreement, representations and warranties, shareholders’ agreement, etc.);
  • Assistance in negotiating W&I insurance;
  • Arranging acquisition financing;
  • Analysis and notifications relating to merger control, foreign investment control and regulatory authorisations;
  • Assistance with closing and signing; and
  • Implementation of post-closing reorganisation;

We advise on public M&A transactions involving listed companies, such as takeover bids, exchange offers and squeeze-outs, with or without mandatory squeeze-out. Our expertise enables us to secure these complex transactions while safeguarding the interests of shareholders and the quality of information provided to the market.

Fundraising

We assist investors and companies with equity financing operations, whether in the start-up phase (seed capital or venture capital) or the growth phase (growth capital). This includes structuring the deal (in particular the appropriate financial instruments), drafting and negotiating the legal documentation between the company and the investors, preparing the issue documentation and putting together the management package to align the interests of management and investors.

Intra-group restructuring

We advise French and international groups on structuring and implementing their complex and strategic restructuring operations (domestic or cross-border mergers, spin-offs, carve-outs, etc.).

Corporate governance and company law

We provide our customers with a secure organisational structure, whether for the day-to-day management of their entities (preparation and holding of board meetings and general meetings, regulatory compliance) or for the design and implementation of their governance and control structure (creation of committees, delegation of powers, internal regulations, etc.).

Corporate litigation

Our lawyers offer their expertise in managing corporate litigation, such as disputes between shareholders, the enforcement of representations and warranties and, more generally, post-acquisition disputes.

Cross-border M&A

The experience, creativity and intercultural knowledge of our lawyers are an asset when assisting foreign investors with their operations in France, and French groups with their operations abroad.

 

De Gaulle Fleurance dedicates an ad hoc team to each transaction, combining international M&A practice with the local specificities of the country concerned, thanks in particular to our network of correspondents selected for their expertise throughout the world.

Examples of corporate and M&A support

We assisted an innovative company producing clean, silent hydrogen fuel cell-powered marine engines and electric generators with a strategic capital raising operation involving the review and negotiation of all related transactional documentation and the implementation of a new incentive scheme for management and employees.

We advised our client on the structuring of a strategic operational and capital-intensive partnership, at every stage of its implementation, including due diligence, the legal and tax structuring of the partnership, and the M&A and property law aspects of the transaction (including the drafting and negotiation of the contractual documentation: investment contract, representations and warranties, shareholders’ agreement, general terms and conditions of the financial instruments, articles of association of the project companies, etc.).

We assisted one of our clients with legal due diligence, structuring, and negotiating the transactional documentation, as well as obtaining approval from the Financial Markets Authority and investing in the new fund dedicated to SMEs.

We advised a group specialising in coffee on the acquisition of another group specialising in the world of coffee and catering for both private individuals and professionals through its e-commerce site, its network of 60 branches throughout France, its École Café and its concept shops. The shares were held by various parties, including the founder, an investment fund and the management. The acquisition enabled our client to consolidate its position in France, a key market for the Group, and to strengthen its presence in e-commerce and the B2C/ mass market. On completion of the acquisition, our client became the majority shareholder in the acquired group, whose management retained a minority stake. We assisted our client with all legal aspects of the transaction, including due diligence, negotiation of the transaction documentation, preparation of the Competition Authority notification, structuring and negotiation of the management package and preparation of the signing and closing.

We supported an IT services joint venture active in the insurance sector and owned by 12 insurance companies. We led the negotiation and implementation of a capital increase operation (preferred shares) to integrate 5 new shareholders from the bancassurance sector. The operation involved specific structuring with several rounds of negotiations to adjust collegial governance, draft a Term Sheet, and fully execute the capital increase.

We assisted an independent Belgian family group, expert in the recycling sector, in the acquisition of another local Belgian group and its 4 subsidiaries. The aim was to strengthen our client’s offer of innovative and customized solutions for the design, construction, and operation of waste treatment units.

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Deals

Deals 17 January 2025
De Gaulle Fleurance advises FRESNAY AGRICOLE SAS on the sale of the Haras de Fresnay-le-Buffard in Normandy
Akuo logo
Deals 10 December 2024
De Gaulle Fleurance advises Akuo Group on the acquisition of its Africa business by Taranis

Awards

Chambers France 2025
Awards Corporate / M&A
Chambers
De Gaulle Fleurance ranking for Corporate/M&A: Mid-Market in the Chambers France 2025
Awards Corporate / M&A
Chambers
Jean-Christophe Amy ranking for Corporate/M&A: Mid-Market in the Chambers France 2025
Chambers France 2025-Matthieu Bichon
Awards Corporate / M&A
Chambers
Matthieu Bichon ranking for Corporate/M&A: Mid-Market in the Chambers France 2025
Awards Corporate / M&A
Décideurs
De Gaulle Fleurance recognized in the 2024 Décideurs – Leaders League ranking, category: Mergers & Acquisitions.
Awards Corporate / M&A
Décideurs
De Gaulle Fleurance recognized in the Décideurs – Leaders League 2024 ranking, category: Private Equity
Best Lawyer-Anker Sorensen
Awards
Best Lawyers
Anker Sorensen recognized in the 2025 edition of Best Lawyers France

Our professionals

Matthieu
Bichon
Partner
Anker
Sorensen
Partner
Aurélien
Djafari-Rouhani
Lawyer - Senior Counsel
Patrice
Lefèvre-Péaron
Partner

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    News

    Chambers France 2025
    Articles 6 February 2025
    De Gaulle Fleurance ranked in the newly renamed Chambers France 2025