Paul Hastings Advises Naxicap on a LBO for Groupe Distripeche
November 03, 2011
Paris Paul Hastings
has advised Naxicap Partners on its equity investment in Groupe Distripêche, a leader in the retail sale of fishing equipment, part of a majority LBO, together with management.
The purpose of the transaction was to form a long-term alliance between management and the new shareholder to support the Companys organic growth and accelerate its development through acquisition.
Senior financing was provided by BNPP, LCL, BCME, and Banque Palatine, with LFPI Mezzanine providing mezzanine financing.
The Paul Hastings team that advised Naxicap Partners on this transaction consisted of partner Gilles Roux and Grine Lahreche for contractual matters, partner Allard de Waal and Laurent Ragot for tax issues, and partner Mounir Letayf and Camille Bakouch for the financing.
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