Team

Thomas LAROQUE
Executive Director
Sébastien CAILLÉ
Executive Director
Patrick MAUREL
CEO
Jean-Baptiste MARCHAND
Managing Partner
François RIVALLAND
Managing Partner
Nicolas SEGRETAIN
Managing Partner
Bruno STERN
Managing Partner
Ludovic TRON
Managing Partner
Philippe CHARBONNIER
Managing Director
Valérie PELLEREAU
Managing Director
Joseph EL KHOURY
Directeur Associé
Benjamin GINER
Directeur Associé
Anne HIEBLER
Managing Director
Boris PICCHIOTTINO
Managing Director
Julien PLANTIVE
Directeur Associé
Erwan THEBAULT
Executive Director
Jérôme VIVIEN
Directeur Associé
Isabelle TOULOUSE
COO-CFO
Thomas LAROQUE

Thomas LAROQUE

Executive Director


Experience / Academics

Natixis / Natixis Partners since 2013

Blackstone Advisory Partners (2010-2012)

BNP Paribas Corporate Finance (2004-2010)

Société Générale (2003-2004), M&A

Master of Science in Management (EMLYON)

Selected transactions

  • Advisor to Vivendi for the acquisition of Havas (advertising)
  • Advisor to CNP and CDC for the acquisition of Elengy by GRTgaz (infrastructure)
  • Advisor to Casino’s Board of Directors for the sale of BIG C Thailand and BIG C Vietnam (retail)
  • Advisor to BF Invest for the acquisition of Sunclear from Arkema (distribution of plastic products)
  • Advisor to NGAM for the acquisition of DNCA from TA Associates, Banca Leonardo and the management (asset management)
  • Advisor to MAIF for the disposal of its Spanish insurance activities (Atlantis Group) to Agrupacio (Assurances Crédit Mutuel)
  • Advisor to Havas in the Public Exchange Offer initiated by group Bolloré (advertising)
  • Advisor to BPCE for the disposal of its remaining stake in Foncia to Bridgepoint and Eurazeo
  • Advisor to Natixis for the IPO of Coface (credit insurance)
  • Advisor to Soitec for its capital increase (semiconductor materials)
  • Advisor to PSA for a greenfield development in India (auto)
  • Advisor to Technip for the acquisition of Global Industries (oil services)
  • Advisor to GDF Suez for its partnership with China Investment Corp. (E&P)
  • Fairness opinion for GDF Suez for its combination with International Power (energy)
  • Defense of Ciments Français in the context of Italcementi’s proposed merger (building materials)
  • Advisor to Socotec for its disposal to Qualium (risk management and safety control)
  • Advisor to Petit Forestier for the reorganization of its share capital and the sale of a minority stake to Sofina (business services)
  • Advisor to Valeo for the review of its strategic alternatives
  • Advisor to Foncia for the sale of the company to Banques Populaires
  • Advisor to Socipar for the acquisition of Financière Vissuzaine’s car distribution activities
  • Advisor to 21 Centrale Partners for  the acquisition of Batisanté (diagnostics, building control and safety)
  • Advisor to Total for the spin-off of its chemical activities Arkema
  • Advisor to Fayat for the disposal of B.P. 3000 to Foncière des Régions (parking)
  • Advisor to Tanjong Energy for the acquisition of EDF’s Egyptian power assets
  • Advisor to Dalkia for the sale of a minority stake in ZEC Lodz to IFM (cogeneration plant / heating network)
  • Advisor to Veolia for its partnership with EDF in Dalkia (energy services)
  • Advisor to PAI Partners for the disposal of its 35% stake in Compagnie Eolienne du Détroit to EDF (wind farms)
Sébastien CAILLÉ

Sébastien CAILLÉ

Executive Director


Experience / Academics

16 years experience in M&A.

  • Natixis Partners (Paris) – 1 year
  • Bucéphale Finance (Paris) – M&A – 9 years
  • Citi (Paris) – M&A
  • BNP Paribas (Paris) – M&A
  • Graduated from l’Institut d’Etudes Politiques de Paris (Sciences Po Paris) / Master 2 finance (Panthéon Sorbonne – Paris I)

Selected transactions

  • Sale of Tessi to HLDE & HLDI (BPO) (announced transaction)
  • Acquisition of OGF by Pamplona Capital (funeral management)
  • Acquisition of Foncia by Bridgepoint / Eurazeo (real estate services)
  • Acquisition and delisting of Vermandoise by Cristal Union (sugar, ethanol)
  • Balance sheet restructuring and reserved capital increase of Emin Leydier subscribed by First Eagle (paper and cardboard)
  • Acquisition and delisting of Clarins by its founding family (cosmetics, perfumes)
  • Acquisition and delisting of Marie Brizard by Belvédère (spirits)
  • Merger of the real estate assets of Caisses d’Epargne into Nexity (property development)
  • Sale of Francesca to Invista ((logistics real estate assets)
  • Acquisition of Ascom Hasler assets by Neopost (mailing systems)
Patrick MAUREL

Patrick MAUREL

CEO


Experience / Academics

25 years of experience in M&A

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), Head of M&A activity – 6 years
  • Andersen et Ernst & Young Corporate Finance (Paris), Partner Corporate Finance
  • BNP PARIBAS BANEXI (Paris), leading role, Mid-Cap M&A division of BANEXI
  • Graduated from IEP and CESB
  • Co-author of the finance book, “L’ingénierie financière dans la relation banque entreprise” (Editors Economica), which deals with Valuations, LBO’s, Acquisitions and Disposals

Selected transactions

Advisor for numerous Private Equity Funds, Families and leading industrial groups in over 100 transactions

Jean-Baptiste  MARCHAND

Jean-Baptiste MARCHAND

Managing Partner


Experience / Academics

18 years experience in M&A with expertise in B2B services / Leisure, retail and consumer goods

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), Partner – 4 years
  • Andersen Corporate Finance (Paris), M&A
  • Lazard (Paris), M&A
  • Graduated from the ESCP business school and from the University of Sankt Gallen

Selected transactions

  • Sale by 21 Centrale Partners and the Shareholders of Vacalians Group to Permira
  • Sale by Omnes Capital of Exclusive Networks to Copeba
  • Sale by Eurazeo of Gault & Frémont to UI Gestion
  • Sale by Barclays Private Equity of Karavel Promovacances to LBO France
  • Sale by Bridgepoint of Marathon Group to De Agostini (Italy)
  • Sale by ERCP of H3S to Sud Ouest Group
  • Sale by Sud Ouest Group of Refleximmo.com to Drimki
  • Sale of Energy Pool to Schneider Electric
  • Sale of Erelis to Enel Spa (Italy)
  • Sale of Sinerg to ArcLight Capital (US)
François RIVALLAND

François RIVALLAND

Managing Partner


Experience / Academics

20 years experience in M&A with expertise in healthcare industry and cross-borders transactions.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris) Managing Director, M&A, Head of the Healthcare activity and the International network – 6 years
  • Andersen / Ernst & Young Corporate Finance (Paris)
  • Jeffreys Henry International (Londres), M&A
  • Price Waterhouse (Londres), Audit & M&A
  • Graduated from the London School of Economics and Political Science (LSE), UK

Selected transactions

  • Sale of Marle to IK Partners (orthopaedics)
  • Acquisition of HRA Pharma for Astorg Partners and Goldman Sachs (pharmaceuticals)
  • Sale of Balt to Bridgepoint (medical equipment)
  • Sale of Cenexi to Cathay Capital (pharmaceutical CDMO)
  • Acquisition of Bio7 for Ardian (medical laboratories)
  • Sale of Laboratoires Negma to Wockhardt Limited, India (pharmaceuticals)
  • Sale of Synerlab Group to 21 Centrale Partners (pharmaceutical CDMO)
  • Sale of Laboratoires Lafon to Cephalon Inc, US (pharmaceuticals)
  • Acquisition of EliTech by  Ergon Capital (medical equipment and reagents)
  • Sale of Unither to ING Parcom (pharmaceutical DCMO)
  •  Acquisition of Corneal Laboratories by Allergan Inc, US (aesthetics and ophthalmology)
  • Sale of Echosens to Inner Mongolia Free Han Pharmaceuticals, China (medical equipment)
  • Sale of Laboratoire de la Mer to Omega Pharma, Belgium (OTC pharmaceutical products)
  • Acquisition of In’Tech Medical by TCR Capital (orthopaedics)
  • Sale of Winncare Group to IDI (medical equipment)
Nicolas SEGRETAIN

Nicolas SEGRETAIN

Managing Partner


Experience / Academics

More than 15 years experience in M&A with expertise in Technology, Media and Telecommunications.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), M&A
  • EDF (Paris), Corporate Venture & M&A
  • J.P. Morgan (Paris), M&A
  • Graduated from HEC

Selected transactions

  • Acquisition by Capzanine of a stake in Finance Active (software editor)
  • Sale of Circet to CM-CIC Investissement (telecom engineering)
  • Sale of Datawords to Cathay Capital and Keensight Capital (digital marketing)
  • Sale of Abylsen to Accent and Naxicap (engineering and consultancy services)
  • Sale of A2iA to the management and Edmond de Rothschild Investment Partners (software)
  • Acquisition of Trace Group by Modern Times Group, Sweden (Pay TV)
  • Sale by Orange of Etrali Trading Solutions to Gores Group (telecom equipment and services)
  • Sale of Aéroconseil to Akka Technologies (engineering and consultancy services)
  • Sale by Imprimerie Nationale of Sakarah to Tessi (software)
  • Acquisition by Apax Partners of a stake in GFI Informatique (IT/computer services)
Bruno STERN

Bruno STERN

Managing Partner


Experience / Academics

20 years experience in M&A in particular in the areas of Consumer Goods & Distribution and Capital goods with specific expertise in LBO.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), Managing Director, M&A – 9 years
  • Arthur Andersen (Paris), TS – 6 years
  • Graduated from EDHEC business school

Selected transactions

Consumer Goods & Retail

  • Sale of Sandro Maje (fashion) to KKR
  • Acquisition of Jimmy Choo (luxury shoes) by TowerBrook
  • Sale of Asmodée (game publisher) to Eurazeo
  • Sale of Isla Delice (leading brand of halal products) to IDI
  • Sale of RETIF (BtoB Cash & Carry) to Verdoso and Pragma
  • Sale of Ekkia (equipment / riding equipments) to UI/Euromezzanine
  • Sale of Findis (household appliance) to Activa Capital
  • Sale of Frial (frozen food) to Alpha
  • Sale of Gigastore (discount retailer) to Eram
  • Sale of Mondial Tissus (tissue dispenser) to private investors
  • Sale of Ukal (equipment / riding equipment) to Atria

Capital Goods

  • Sale of Monosem (farm equipment) to John Deere
  • Sale of IMV Technologies (artificial insemination) to Qualium
  • Sale of La Toulousaine/Profalux (shutters, gates…) to ICG
  • Sale of Bretèche (bakery equipment) to Equistone
  • Sale of Mecatherm (bakery equipment) to Wendel
  • Sale of La Toulousaine/Profalux (shutters, gates…) to Equistone
  • Sale of Horis (commercial kitchen equipment) to ITW Inc.
  • Acquisition of De Dietrich (chemical equipments) by the family shareholders from ABN Amro Capital
  • Sale of IMV Technologies (artificial insemination) to Pragma Capital
  • Acquisition of Novasep (chemical equipments & service) by Gilde from Rockwood Inc.
  • Sale of Bel’m (door manufacturer) to Abenex
  • Sale of Armor (cartridges for printers) to Orfite
  • Acquisition of KP1 (prestressed concrete) by Alpha from Koramic
Ludovic TRON

Ludovic TRON

Managing Partner


Philippe CHARBONNIER

Philippe CHARBONNIER

Managing Director


Experience / Academics

20 years of experience in the banking industry as a specialist in Acquisition Finance.

  • Natixis Partners / Leonardo & Co. (Paris) – 5 years
  • IKB (Paris) – Head of Midcap Leverage Finance – 7 years
  • Deutsche Bank (Paris) – Acquisition Finance and Corporate coverage
  • Rabobank International (Paris) – Acquisition Finance and Corporate coverage
  • PriceWaterhouse Coopers (Paris)
  • Graduated from ESCP (Paris) and ISC (Paris)

 

 

Selected transactions

  • Sale of Vivalto Santé by Vivalto Santé, Omnes Capital and Parquest Capital to CDCIC, Mubadala and MACSF
  • Acquisition of HRA Pharma by Astorg Partners and Goldman Sachs
  • Capital reorganization of Prosol group
  • Acquisition of Banketgroep by Poult
  • Disposal of Exclusive Networks by Omnes Capital to Cobepa
  • Acquisition of Bio7 for Ardian (medical laboratories)
  • Disposal of Pénélope by Bridgepoint to LFPI
  • Sale of Cenexi to Cathay Capital
  • Refinancing of the Batisanté group existing debt
  • Refinancing of the Léon de Bruxelles senior debt

 

Valérie PELLEREAU

Valérie PELLEREAU

Managing Director


Experience / Academics

20 years experience in M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), M&A – 5 years
  • BNP Paribas (Paris) M&A – 8 years
  • Graduated from Université Paris Dauphine (DESS)

Selected transactions

  • Acquisition by Silverfleet Capital of Coventya (chemical products for industry)
  • Acquisition by Astorg Partners and Goldman Sachs of HRA Pharma (pharmaceuticals)
  • Sale of Safic-Alcan Group to Sagard and Euromezzanine (chemicals distributor)
  • Sale of Finaxy to Equistone (insurance brokerage)
  • Sale of Charles & Alice group to Equistone (fruit dessert manufacturer)
  • Sale of Interflora to HLD and Chevrillon & Associés (flower delivery)
  • Sale of Courtepaille to Fondations Capital (restaurants)
  • Acquisition by 21 Centrale Partners of Cléor (network of jewelry stores)
  • Acquisition by Apax Partners of Texa Groupe (insurance)
  • Merger between Omnium Finance and Laurad Group (real estate)
  • Sale of Club Med Gym to 21 Centrale Partners (health clubs)
  • Sale of Lina’s to Cogexco (restaurants)
Joseph EL KHOURY

Joseph EL KHOURY

Directeur Associé


Experience / Academics

14 ans d’experience en M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 ans
  • Aforge Finance (Paris), M&A – 3 ans
  • Andersen/Ernst & Young (Paris), M&A
  • Close Brothers (Paris), M&A
  • Diplômé de l’Ecole Supérieure de Commerce de Paris (ESCP) et de l’ESIB (ingénierie civile)

Selected transactions

  • Cession de Cenexi à Cathay Capital (faconnage et développement pharmaceutique)
  • Acquisition de Bio7 pour Ardian (Laboratoires d’analyses médicales)
  • Acquisition d’EliTECH par Ergon Capital (équipements pour tests in vitro)
  • Cession de Trophos à Roche (produits pharmaceutiques)
  • Cession des  Laboratoires Negma à Wockhardt Ltd, India (laboratoire pharmaceutique)
  • Cession du groupe Synerlab à 21 Centrale Partners (faconnage et développement pharmaceutique)
  • Cession des Cokeries de Carling à Rogesa mbH (activité minière)
  • Cession de Comasec-Marigold à Ansell Inc. (fabrication de gants)
  • Cession de FDI à WebHelp (gestion du poste client)
  • Cession d’Armatis à CIC-LBO (Centre d’appels)

 

Benjamin  GINER

Benjamin GINER

Directeur Associé


Experience / Academics

12 ans d’expérience en M&A / TS.

  • Natixis Partners / Leonardo & Co. (Paris) – 4 ans
  • Société Générale CIB (Paris), M&A – 5 ans
  • KPMG (Paris), TS
  • Ernst & Young (Paris)
  • Diplômé de l’Ecole Nationale d’Arts et Métiers (ENSAM) / Master en finance (HEC)

Selected transactions

  • Réorganisation du capital du groupe Prosol
  • Réorganisation du capital de B2S
  • Cession de Chéreau par les managers à Miura
  • Cession de Pénélope par Bridgepoint à LFPI
  • Acquisition de HRA par Astorg
  • Cession de Balt par la famille Plowieki à Bridgepoint
  • Cession de Vacalians par 21 Centrale Partners à Permira
  • Cession d’Exclusive Networks par Omnes Capital à Cobepa
  • Cession de DGF par Qualium à 21 Centrale Partners
  • Cession de Flexitallic par Eurazeo PME à Bridgepoint
  • Acquisition de ABL par Vignal / Acquisition de Vignal par Eurazeo

 

Anne HIEBLER

Anne HIEBLER

Managing Director


Experience / Academics

20 years experience in M&A.

  • Natixis Partners / Natixis (Paris) – 2 years
  • Goetzpartners (Paris) – 2 years
  • Citigroup (Paris) – 11 years
  • Schroders (Paris) – 1 year
  • Banexi – BNP Paribas (Paris) – 5 years
  • Graduated from EDHEC

Selected transactions

  • Sale of Arjowiggins Healthcare to Meeschaert Capital Partners
  • Capital opening of Proplast to CM CIC Investissement and the management
  • Acquisition of Quartier Français Spiritueux Outre-Mer from La Martiniquaise by a consortium composed of Chatel group, Terroirs Distillers, Bellier family and Unigrains
  • Capital opening of Chatel group to Viveris Management
  • Negotiation of a partnership between Gecina and Coffim
  • Acquisition by Gefco of Gruppo Mercurio in Italy
  • Several transactions involving the Carrefour group, including the sale of Carrefour Slovakia to local investors and the management
  • Several transactions involving the EDF group, including the IPO of the group and the acquisition of SPE in Belgium
  • Acquisition of BSN Glasspack by Owens-Illinois
  • Merger of Compagnie Générale des Eaux and Havas to form the Vivendi group
Boris PICCHIOTTINO

Boris PICCHIOTTINO

Managing Director


Experience / Academics

18 years of experience in M&A.

  • Natixis Partners / Natixis (Paris) – 3 years
  • Mediobanca (Paris) – 9 years
  • Citigroup (Paris) – 4 years
  • Schroders (Paris)
  • Merill Lynch (Paris)
  • Graduated from Politecnico di Milano

 

 

Selected transactions

  • Entry of Gifi at the capital of Belgian group Trafic
  • Disposal of the Rebouah family majority stake in listed company Tessi to HLDI and HLDE
  • Advisory and public offer of Jaccar Holdings on Bourbon
  • Acquisition of the Investitori Associati stake of Kedrion by the Marcucci family
  • Salini public offering on Impreglio
  • Acquisition of Lactalis American Group by Parmalat
  • Sale of EDF 50% stake in Tenesol to Total
  • Sale of Finiper from Carrefour to Marco Brunelli
  • Acquisition of interest in Gemalto for the Fonds Stratégique d’Investissement
  • Sale to Barclays Private Equity of Gemeaz Cusin by Accor
  • Sale of Vivendi Universal Publishing by Vivendi Universal
  • Sale of Cereol to Bunge, Carapelli to B&S Private Equity and Koipe to SOS Cuetar
Julien PLANTIVE

Julien PLANTIVE

Directeur Associé


Experience / Academics

10 ans d’expérience en M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 10 ans
  • Diplômé de l’IEP (Toulouse) / Master of Science in Management (EM Lyon)

Selected transactions

  • Acquisition de Foncia par Partners Group (services immobiliers)
  • Rapprochement entre Poult et Banketgroep (biscuits en MDD)
  • Acquisition par Airbus Safran Launchers de la participation de 35% détenue par le CNES dans Arianespace (industrie aérospatiale)
  • Cession d’Innovation Capital par la Caisse des Dépôts à LBO France (venture capital)
  • Création d’Airbus Safran Launchers (industrie aérospatiale)
  • Cession de Marle par Carlyle à IK Investment Partners (fabrication d’implants orthopédiques)
  • Cession de Circet à CM-CIC Investissement (services d’ingénierie telecom)
  • Acquisition de Foncia par Bridgepoint et Eurazeo (services immobiliers)
  • Cession de SMCP (Sandro, Maje, Claudie Pierlot) à KKR (retail)
  • Acquisition de Cerba European Lab par PAI Partners (laboratoires d’analyse médicale)
  • Acquisition de Sagem Monetel par Ingenico (services de paiement)

 

Erwan THEBAULT

Erwan THEBAULT

Executive Director


Experience / Academics

12 years experience in M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 9 years
  • Edmond de Rothschild Corporate Finance (Paris) – M&A – 3 years
  • Degree in Corporate Finance from EM Lyon / Degree in Economics (DESS) from the University of Nice

Selected transactions

  • Sale of Arjowiggins Healthcare to Meeschaert Private Equity (sterilisation packaging for medical devices)
  • Sale of Groupe Edouard Denis to Nexity (property development)
  • Sale of Vivalto Santé to a consortium led by CDCIC together with Mubadala and MACSF (private hospitals)
  • Sale of a minority stake in Proplast to CM-CIC Investissement (packaging)
  • Acquisition by AXA REIM of a minority stake in Eranove (energy and utilities)
  • Sale of Abylsen to Naxicap and Accent Jobs (outsourcing of qualified engineers)
  • Sale of a 10% stake in TIGF to Crédit Agricole Assurances (natural gas transport and storage)
  • Fairness opinion in the context of the merger between Médipôle and Médi-Partenaires (private hospitals)
  • Sale of a portfolio of 9 luxury properties located in Paris CBD to the Olayan Group (real estate)
  • Merger of Poweo with Direct Energie (electricity distribution)
Jérôme VIVIEN

Jérôme VIVIEN

Directeur Associé


Experience / Academics

14 ans d’expérience en M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 6 ans
  • Natixis CIB (Paris) – M&A – 8 ans
  • Diplômé de l’ESCP (Paris) et de l’ESTP (Paris)

Selected transactions

  • Cession du groupe Sandaya par Pragma Capital à Apax Partners
  • Acquisition de Linvosges par Eurazeo PME
  • Cession d’Havas Voyages au groupe Marietton par Carlson Wagonlit Travel
  • Cession de AMS à IP Santé avec le soutien de HLD
  • Cession d’Isla Délice au groupe IDI par Naxicap
  • Cession d’Asmodée (éditeur/distributeur de jeux de société) par Montefiore à Eurazeo
  • Cession de ba&sh (mode) à L Capital
  • Cession de Bretèche (équipements de boulangerie) par Azulis Capital à Equistone
  • Cession de La Toulousaine du groupe Stella (volets roulants et portes sectionnelles) par Barclays Private Equity à ICG
  • Cession de Mecatherm (biens industriels) par Alpha Partners à Wendel
  • Cession de Karavel-Promovacances (loisirs) par Equistone à LBO France
  • Cession de Courtepaille (chaine de restauration) par Parquest Capital à Fondations Capital
  • Cession de CWS par le groupe Haniel au groupe Elis
  • Cession de Spie Batignolles par Amec à Barclays Private Equity
  • Acquisition de Amec Spie Capag par Entrepose Contracting
  • Cession de Soletanche Bachy au groupe Vinci
  • Cession de Entrepose Contracting au groupe Vinci

 

Isabelle TOULOUSE

Isabelle TOULOUSE

COO-CFO


Experience / Academics

20 years experience in administrative and financial management companies.

  • Natixis Partners / Leonardo & Co. (Paris): COO, CFO, Member of the Executive Committee: 7 years
  • Aforge Finance (Paris): COO, CFO, Member of the Executive Committee: 6 years
  • Ecco (France) and Adecco (Switzerland): Project Officer to the founding Chairman and COO/CFO of the group holding companies (Paris, London, Luxembourg)
  • Graduated from ESSEC, Licence de Lettres Modernes from la Sorbonne

 

Responsibilities

Head of the Administrative & Financial Departments, HRD, ISD, Purchasing Management & Office Management of the company.

A dedicated team of 40 professionals including 15 senior bankers

Our team of 40 professionals includes 15 Managing Partners, Managing Directors and Executive Directors.

The management team, led by an entrepreneurial approach, is dedicated to each client and involved in each transaction.

Thomas LAROQUE

Thomas LAROQUE

Executive Director


Experience / Academics

Natixis / Natixis Partners since 2013

Blackstone Advisory Partners (2010-2012)

BNP Paribas Corporate Finance (2004-2010)

Société Générale (2003-2004), M&A

Master of Science in Management (EMLYON)

Selected transactions

  • Advisor to Vivendi for the acquisition of Havas (advertising)
  • Advisor to CNP and CDC for the acquisition of Elengy by GRTgaz (infrastructure)
  • Advisor to Casino’s Board of Directors for the sale of BIG C Thailand and BIG C Vietnam (retail)
  • Advisor to BF Invest for the acquisition of Sunclear from Arkema (distribution of plastic products)
  • Advisor to NGAM for the acquisition of DNCA from TA Associates, Banca Leonardo and the management (asset management)
  • Advisor to MAIF for the disposal of its Spanish insurance activities (Atlantis Group) to Agrupacio (Assurances Crédit Mutuel)
  • Advisor to Havas in the Public Exchange Offer initiated by group Bolloré (advertising)
  • Advisor to BPCE for the disposal of its remaining stake in Foncia to Bridgepoint and Eurazeo
  • Advisor to Natixis for the IPO of Coface (credit insurance)
  • Advisor to Soitec for its capital increase (semiconductor materials)
  • Advisor to PSA for a greenfield development in India (auto)
  • Advisor to Technip for the acquisition of Global Industries (oil services)
  • Advisor to GDF Suez for its partnership with China Investment Corp. (E&P)
  • Fairness opinion for GDF Suez for its combination with International Power (energy)
  • Defense of Ciments Français in the context of Italcementi’s proposed merger (building materials)
  • Advisor to Socotec for its disposal to Qualium (risk management and safety control)
  • Advisor to Petit Forestier for the reorganization of its share capital and the sale of a minority stake to Sofina (business services)
  • Advisor to Valeo for the review of its strategic alternatives
  • Advisor to Foncia for the sale of the company to Banques Populaires
  • Advisor to Socipar for the acquisition of Financière Vissuzaine’s car distribution activities
  • Advisor to 21 Centrale Partners for  the acquisition of Batisanté (diagnostics, building control and safety)
  • Advisor to Total for the spin-off of its chemical activities Arkema
  • Advisor to Fayat for the disposal of B.P. 3000 to Foncière des Régions (parking)
  • Advisor to Tanjong Energy for the acquisition of EDF’s Egyptian power assets
  • Advisor to Dalkia for the sale of a minority stake in ZEC Lodz to IFM (cogeneration plant / heating network)
  • Advisor to Veolia for its partnership with EDF in Dalkia (energy services)
  • Advisor to PAI Partners for the disposal of its 35% stake in Compagnie Eolienne du Détroit to EDF (wind farms)
Sébastien CAILLÉ

Sébastien CAILLÉ

Executive Director


Experience / Academics

16 years experience in M&A.

  • Natixis Partners (Paris) – 1 year
  • Bucéphale Finance (Paris) – M&A – 9 years
  • Citi (Paris) – M&A
  • BNP Paribas (Paris) – M&A
  • Graduated from l’Institut d’Etudes Politiques de Paris (Sciences Po Paris) / Master 2 finance (Panthéon Sorbonne – Paris I)

Selected transactions

  • Sale of Tessi to HLDE & HLDI (BPO) (announced transaction)
  • Acquisition of OGF by Pamplona Capital (funeral management)
  • Acquisition of Foncia by Bridgepoint / Eurazeo (real estate services)
  • Acquisition and delisting of Vermandoise by Cristal Union (sugar, ethanol)
  • Balance sheet restructuring and reserved capital increase of Emin Leydier subscribed by First Eagle (paper and cardboard)
  • Acquisition and delisting of Clarins by its founding family (cosmetics, perfumes)
  • Acquisition and delisting of Marie Brizard by Belvédère (spirits)
  • Merger of the real estate assets of Caisses d’Epargne into Nexity (property development)
  • Sale of Francesca to Invista ((logistics real estate assets)
  • Acquisition of Ascom Hasler assets by Neopost (mailing systems)
Patrick MAUREL

Patrick MAUREL

CEO


Experience / Academics

25 years of experience in M&A

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), Head of M&A activity – 6 years
  • Andersen et Ernst & Young Corporate Finance (Paris), Partner Corporate Finance
  • BNP PARIBAS BANEXI (Paris), leading role, Mid-Cap M&A division of BANEXI
  • Graduated from IEP and CESB
  • Co-author of the finance book, “L’ingénierie financière dans la relation banque entreprise” (Editors Economica), which deals with Valuations, LBO’s, Acquisitions and Disposals

Selected transactions

Advisor for numerous Private Equity Funds, Families and leading industrial groups in over 100 transactions

Jean-Baptiste  MARCHAND

Jean-Baptiste MARCHAND

Managing Partner


Experience / Academics

18 years experience in M&A with expertise in B2B services / Leisure, retail and consumer goods

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), Partner – 4 years
  • Andersen Corporate Finance (Paris), M&A
  • Lazard (Paris), M&A
  • Graduated from the ESCP business school and from the University of Sankt Gallen

Selected transactions

  • Sale by 21 Centrale Partners and the Shareholders of Vacalians Group to Permira
  • Sale by Omnes Capital of Exclusive Networks to Copeba
  • Sale by Eurazeo of Gault & Frémont to UI Gestion
  • Sale by Barclays Private Equity of Karavel Promovacances to LBO France
  • Sale by Bridgepoint of Marathon Group to De Agostini (Italy)
  • Sale by ERCP of H3S to Sud Ouest Group
  • Sale by Sud Ouest Group of Refleximmo.com to Drimki
  • Sale of Energy Pool to Schneider Electric
  • Sale of Erelis to Enel Spa (Italy)
  • Sale of Sinerg to ArcLight Capital (US)
François RIVALLAND

François RIVALLAND

Managing Partner


Experience / Academics

20 years experience in M&A with expertise in healthcare industry and cross-borders transactions.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris) Managing Director, M&A, Head of the Healthcare activity and the International network – 6 years
  • Andersen / Ernst & Young Corporate Finance (Paris)
  • Jeffreys Henry International (Londres), M&A
  • Price Waterhouse (Londres), Audit & M&A
  • Graduated from the London School of Economics and Political Science (LSE), UK

Selected transactions

  • Sale of Marle to IK Partners (orthopaedics)
  • Acquisition of HRA Pharma for Astorg Partners and Goldman Sachs (pharmaceuticals)
  • Sale of Balt to Bridgepoint (medical equipment)
  • Sale of Cenexi to Cathay Capital (pharmaceutical CDMO)
  • Acquisition of Bio7 for Ardian (medical laboratories)
  • Sale of Laboratoires Negma to Wockhardt Limited, India (pharmaceuticals)
  • Sale of Synerlab Group to 21 Centrale Partners (pharmaceutical CDMO)
  • Sale of Laboratoires Lafon to Cephalon Inc, US (pharmaceuticals)
  • Acquisition of EliTech by  Ergon Capital (medical equipment and reagents)
  • Sale of Unither to ING Parcom (pharmaceutical DCMO)
  •  Acquisition of Corneal Laboratories by Allergan Inc, US (aesthetics and ophthalmology)
  • Sale of Echosens to Inner Mongolia Free Han Pharmaceuticals, China (medical equipment)
  • Sale of Laboratoire de la Mer to Omega Pharma, Belgium (OTC pharmaceutical products)
  • Acquisition of In’Tech Medical by TCR Capital (orthopaedics)
  • Sale of Winncare Group to IDI (medical equipment)
Nicolas SEGRETAIN

Nicolas SEGRETAIN

Managing Partner


Experience / Academics

More than 15 years experience in M&A with expertise in Technology, Media and Telecommunications.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), M&A
  • EDF (Paris), Corporate Venture & M&A
  • J.P. Morgan (Paris), M&A
  • Graduated from HEC

Selected transactions

  • Acquisition by Capzanine of a stake in Finance Active (software editor)
  • Sale of Circet to CM-CIC Investissement (telecom engineering)
  • Sale of Datawords to Cathay Capital and Keensight Capital (digital marketing)
  • Sale of Abylsen to Accent and Naxicap (engineering and consultancy services)
  • Sale of A2iA to the management and Edmond de Rothschild Investment Partners (software)
  • Acquisition of Trace Group by Modern Times Group, Sweden (Pay TV)
  • Sale by Orange of Etrali Trading Solutions to Gores Group (telecom equipment and services)
  • Sale of Aéroconseil to Akka Technologies (engineering and consultancy services)
  • Sale by Imprimerie Nationale of Sakarah to Tessi (software)
  • Acquisition by Apax Partners of a stake in GFI Informatique (IT/computer services)
Bruno STERN

Bruno STERN

Managing Partner


Experience / Academics

20 years experience in M&A in particular in the areas of Consumer Goods & Distribution and Capital goods with specific expertise in LBO.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), Managing Director, M&A – 9 years
  • Arthur Andersen (Paris), TS – 6 years
  • Graduated from EDHEC business school

Selected transactions

Consumer Goods & Retail

  • Sale of Sandro Maje (fashion) to KKR
  • Acquisition of Jimmy Choo (luxury shoes) by TowerBrook
  • Sale of Asmodée (game publisher) to Eurazeo
  • Sale of Isla Delice (leading brand of halal products) to IDI
  • Sale of RETIF (BtoB Cash & Carry) to Verdoso and Pragma
  • Sale of Ekkia (equipment / riding equipments) to UI/Euromezzanine
  • Sale of Findis (household appliance) to Activa Capital
  • Sale of Frial (frozen food) to Alpha
  • Sale of Gigastore (discount retailer) to Eram
  • Sale of Mondial Tissus (tissue dispenser) to private investors
  • Sale of Ukal (equipment / riding equipment) to Atria

Capital Goods

  • Sale of Monosem (farm equipment) to John Deere
  • Sale of IMV Technologies (artificial insemination) to Qualium
  • Sale of La Toulousaine/Profalux (shutters, gates…) to ICG
  • Sale of Bretèche (bakery equipment) to Equistone
  • Sale of Mecatherm (bakery equipment) to Wendel
  • Sale of La Toulousaine/Profalux (shutters, gates…) to Equistone
  • Sale of Horis (commercial kitchen equipment) to ITW Inc.
  • Acquisition of De Dietrich (chemical equipments) by the family shareholders from ABN Amro Capital
  • Sale of IMV Technologies (artificial insemination) to Pragma Capital
  • Acquisition of Novasep (chemical equipments & service) by Gilde from Rockwood Inc.
  • Sale of Bel’m (door manufacturer) to Abenex
  • Sale of Armor (cartridges for printers) to Orfite
  • Acquisition of KP1 (prestressed concrete) by Alpha from Koramic
Ludovic TRON

Ludovic TRON

Managing Partner


Philippe CHARBONNIER

Philippe CHARBONNIER

Managing Director


Experience / Academics

20 years of experience in the banking industry as a specialist in Acquisition Finance.

  • Natixis Partners / Leonardo & Co. (Paris) – 5 years
  • IKB (Paris) – Head of Midcap Leverage Finance – 7 years
  • Deutsche Bank (Paris) – Acquisition Finance and Corporate coverage
  • Rabobank International (Paris) – Acquisition Finance and Corporate coverage
  • PriceWaterhouse Coopers (Paris)
  • Graduated from ESCP (Paris) and ISC (Paris)

 

 

Selected transactions

  • Sale of Vivalto Santé by Vivalto Santé, Omnes Capital and Parquest Capital to CDCIC, Mubadala and MACSF
  • Acquisition of HRA Pharma by Astorg Partners and Goldman Sachs
  • Capital reorganization of Prosol group
  • Acquisition of Banketgroep by Poult
  • Disposal of Exclusive Networks by Omnes Capital to Cobepa
  • Acquisition of Bio7 for Ardian (medical laboratories)
  • Disposal of Pénélope by Bridgepoint to LFPI
  • Sale of Cenexi to Cathay Capital
  • Refinancing of the Batisanté group existing debt
  • Refinancing of the Léon de Bruxelles senior debt

 

Valérie PELLEREAU

Valérie PELLEREAU

Managing Director


Experience / Academics

20 years experience in M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 years
  • Aforge Finance (Paris), M&A – 5 years
  • BNP Paribas (Paris) M&A – 8 years
  • Graduated from Université Paris Dauphine (DESS)

Selected transactions

  • Acquisition by Silverfleet Capital of Coventya (chemical products for industry)
  • Acquisition by Astorg Partners and Goldman Sachs of HRA Pharma (pharmaceuticals)
  • Sale of Safic-Alcan Group to Sagard and Euromezzanine (chemicals distributor)
  • Sale of Finaxy to Equistone (insurance brokerage)
  • Sale of Charles & Alice group to Equistone (fruit dessert manufacturer)
  • Sale of Interflora to HLD and Chevrillon & Associés (flower delivery)
  • Sale of Courtepaille to Fondations Capital (restaurants)
  • Acquisition by 21 Centrale Partners of Cléor (network of jewelry stores)
  • Acquisition by Apax Partners of Texa Groupe (insurance)
  • Merger between Omnium Finance and Laurad Group (real estate)
  • Sale of Club Med Gym to 21 Centrale Partners (health clubs)
  • Sale of Lina’s to Cogexco (restaurants)
Joseph EL KHOURY

Joseph EL KHOURY

Directeur Associé


Experience / Academics

14 ans d’experience en M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 7 ans
  • Aforge Finance (Paris), M&A – 3 ans
  • Andersen/Ernst & Young (Paris), M&A
  • Close Brothers (Paris), M&A
  • Diplômé de l’Ecole Supérieure de Commerce de Paris (ESCP) et de l’ESIB (ingénierie civile)

Selected transactions

  • Cession de Cenexi à Cathay Capital (faconnage et développement pharmaceutique)
  • Acquisition de Bio7 pour Ardian (Laboratoires d’analyses médicales)
  • Acquisition d’EliTECH par Ergon Capital (équipements pour tests in vitro)
  • Cession de Trophos à Roche (produits pharmaceutiques)
  • Cession des  Laboratoires Negma à Wockhardt Ltd, India (laboratoire pharmaceutique)
  • Cession du groupe Synerlab à 21 Centrale Partners (faconnage et développement pharmaceutique)
  • Cession des Cokeries de Carling à Rogesa mbH (activité minière)
  • Cession de Comasec-Marigold à Ansell Inc. (fabrication de gants)
  • Cession de FDI à WebHelp (gestion du poste client)
  • Cession d’Armatis à CIC-LBO (Centre d’appels)

 

Benjamin  GINER

Benjamin GINER

Directeur Associé


Experience / Academics

12 ans d’expérience en M&A / TS.

  • Natixis Partners / Leonardo & Co. (Paris) – 4 ans
  • Société Générale CIB (Paris), M&A – 5 ans
  • KPMG (Paris), TS
  • Ernst & Young (Paris)
  • Diplômé de l’Ecole Nationale d’Arts et Métiers (ENSAM) / Master en finance (HEC)

Selected transactions

  • Réorganisation du capital du groupe Prosol
  • Réorganisation du capital de B2S
  • Cession de Chéreau par les managers à Miura
  • Cession de Pénélope par Bridgepoint à LFPI
  • Acquisition de HRA par Astorg
  • Cession de Balt par la famille Plowieki à Bridgepoint
  • Cession de Vacalians par 21 Centrale Partners à Permira
  • Cession d’Exclusive Networks par Omnes Capital à Cobepa
  • Cession de DGF par Qualium à 21 Centrale Partners
  • Cession de Flexitallic par Eurazeo PME à Bridgepoint
  • Acquisition de ABL par Vignal / Acquisition de Vignal par Eurazeo

 

Anne HIEBLER

Anne HIEBLER

Managing Director


Experience / Academics

20 years experience in M&A.

  • Natixis Partners / Natixis (Paris) – 2 years
  • Goetzpartners (Paris) – 2 years
  • Citigroup (Paris) – 11 years
  • Schroders (Paris) – 1 year
  • Banexi – BNP Paribas (Paris) – 5 years
  • Graduated from EDHEC

Selected transactions

  • Sale of Arjowiggins Healthcare to Meeschaert Capital Partners
  • Capital opening of Proplast to CM CIC Investissement and the management
  • Acquisition of Quartier Français Spiritueux Outre-Mer from La Martiniquaise by a consortium composed of Chatel group, Terroirs Distillers, Bellier family and Unigrains
  • Capital opening of Chatel group to Viveris Management
  • Negotiation of a partnership between Gecina and Coffim
  • Acquisition by Gefco of Gruppo Mercurio in Italy
  • Several transactions involving the Carrefour group, including the sale of Carrefour Slovakia to local investors and the management
  • Several transactions involving the EDF group, including the IPO of the group and the acquisition of SPE in Belgium
  • Acquisition of BSN Glasspack by Owens-Illinois
  • Merger of Compagnie Générale des Eaux and Havas to form the Vivendi group
Boris PICCHIOTTINO

Boris PICCHIOTTINO

Managing Director


Experience / Academics

18 years of experience in M&A.

  • Natixis Partners / Natixis (Paris) – 3 years
  • Mediobanca (Paris) – 9 years
  • Citigroup (Paris) – 4 years
  • Schroders (Paris)
  • Merill Lynch (Paris)
  • Graduated from Politecnico di Milano

 

 

Selected transactions

  • Entry of Gifi at the capital of Belgian group Trafic
  • Disposal of the Rebouah family majority stake in listed company Tessi to HLDI and HLDE
  • Advisory and public offer of Jaccar Holdings on Bourbon
  • Acquisition of the Investitori Associati stake of Kedrion by the Marcucci family
  • Salini public offering on Impreglio
  • Acquisition of Lactalis American Group by Parmalat
  • Sale of EDF 50% stake in Tenesol to Total
  • Sale of Finiper from Carrefour to Marco Brunelli
  • Acquisition of interest in Gemalto for the Fonds Stratégique d’Investissement
  • Sale to Barclays Private Equity of Gemeaz Cusin by Accor
  • Sale of Vivendi Universal Publishing by Vivendi Universal
  • Sale of Cereol to Bunge, Carapelli to B&S Private Equity and Koipe to SOS Cuetar
Julien PLANTIVE

Julien PLANTIVE

Directeur Associé


Experience / Academics

10 ans d’expérience en M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 10 ans
  • Diplômé de l’IEP (Toulouse) / Master of Science in Management (EM Lyon)

Selected transactions

  • Acquisition de Foncia par Partners Group (services immobiliers)
  • Rapprochement entre Poult et Banketgroep (biscuits en MDD)
  • Acquisition par Airbus Safran Launchers de la participation de 35% détenue par le CNES dans Arianespace (industrie aérospatiale)
  • Cession d’Innovation Capital par la Caisse des Dépôts à LBO France (venture capital)
  • Création d’Airbus Safran Launchers (industrie aérospatiale)
  • Cession de Marle par Carlyle à IK Investment Partners (fabrication d’implants orthopédiques)
  • Cession de Circet à CM-CIC Investissement (services d’ingénierie telecom)
  • Acquisition de Foncia par Bridgepoint et Eurazeo (services immobiliers)
  • Cession de SMCP (Sandro, Maje, Claudie Pierlot) à KKR (retail)
  • Acquisition de Cerba European Lab par PAI Partners (laboratoires d’analyse médicale)
  • Acquisition de Sagem Monetel par Ingenico (services de paiement)

 

Erwan THEBAULT

Erwan THEBAULT

Executive Director


Experience / Academics

12 years experience in M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 9 years
  • Edmond de Rothschild Corporate Finance (Paris) – M&A – 3 years
  • Degree in Corporate Finance from EM Lyon / Degree in Economics (DESS) from the University of Nice

Selected transactions

  • Sale of Arjowiggins Healthcare to Meeschaert Private Equity (sterilisation packaging for medical devices)
  • Sale of Groupe Edouard Denis to Nexity (property development)
  • Sale of Vivalto Santé to a consortium led by CDCIC together with Mubadala and MACSF (private hospitals)
  • Sale of a minority stake in Proplast to CM-CIC Investissement (packaging)
  • Acquisition by AXA REIM of a minority stake in Eranove (energy and utilities)
  • Sale of Abylsen to Naxicap and Accent Jobs (outsourcing of qualified engineers)
  • Sale of a 10% stake in TIGF to Crédit Agricole Assurances (natural gas transport and storage)
  • Fairness opinion in the context of the merger between Médipôle and Médi-Partenaires (private hospitals)
  • Sale of a portfolio of 9 luxury properties located in Paris CBD to the Olayan Group (real estate)
  • Merger of Poweo with Direct Energie (electricity distribution)
Jérôme VIVIEN

Jérôme VIVIEN

Directeur Associé


Experience / Academics

14 ans d’expérience en M&A.

  • Natixis Partners / Leonardo & Co. (Paris) – 6 ans
  • Natixis CIB (Paris) – M&A – 8 ans
  • Diplômé de l’ESCP (Paris) et de l’ESTP (Paris)

Selected transactions

  • Cession du groupe Sandaya par Pragma Capital à Apax Partners
  • Acquisition de Linvosges par Eurazeo PME
  • Cession d’Havas Voyages au groupe Marietton par Carlson Wagonlit Travel
  • Cession de AMS à IP Santé avec le soutien de HLD
  • Cession d’Isla Délice au groupe IDI par Naxicap
  • Cession d’Asmodée (éditeur/distributeur de jeux de société) par Montefiore à Eurazeo
  • Cession de ba&sh (mode) à L Capital
  • Cession de Bretèche (équipements de boulangerie) par Azulis Capital à Equistone
  • Cession de La Toulousaine du groupe Stella (volets roulants et portes sectionnelles) par Barclays Private Equity à ICG
  • Cession de Mecatherm (biens industriels) par Alpha Partners à Wendel
  • Cession de Karavel-Promovacances (loisirs) par Equistone à LBO France
  • Cession de Courtepaille (chaine de restauration) par Parquest Capital à Fondations Capital
  • Cession de CWS par le groupe Haniel au groupe Elis
  • Cession de Spie Batignolles par Amec à Barclays Private Equity
  • Acquisition de Amec Spie Capag par Entrepose Contracting
  • Cession de Soletanche Bachy au groupe Vinci
  • Cession de Entrepose Contracting au groupe Vinci

 

Isabelle TOULOUSE

Isabelle TOULOUSE

COO-CFO


Experience / Academics

20 years experience in administrative and financial management companies.

  • Natixis Partners / Leonardo & Co. (Paris): COO, CFO, Member of the Executive Committee: 7 years
  • Aforge Finance (Paris): COO, CFO, Member of the Executive Committee: 6 years
  • Ecco (France) and Adecco (Switzerland): Project Officer to the founding Chairman and COO/CFO of the group holding companies (Paris, London, Luxembourg)
  • Graduated from ESSEC, Licence de Lettres Modernes from la Sorbonne

 

Responsibilities

Head of the Administrative & Financial Departments, HRD, ISD, Purchasing Management & Office Management of the company.