For its first round of financing, Groupe Touriste, a hotel group created in 2008 by Adrien Gloaguen and specializing in “boutiques-hôtels” in Paris, raised € 2,4 million from Bpifrance Investissement. With the opening of a hotel in London, Groupe Touriste intends to extend its activities at an international level.

Solferino Associés (Bernard-Olivier Becker & Camille Chastagner) assisted Bpifrance Investissement on contractual aspects, with the assistance of Cazals Manzo Pichot Saint Quentin on tax aspects, of Daher Avocats on labour law aspects, and Sphère Avocats on real estate law aspects.

Groupe Touriste was advised by Maguelon Beaumont-Loriot.

For its Series A, PowerZ, start-up developing an educational video game, raised EUR 6 million. In this round, Bpifrance Investissement, Raise Ventures, Bayard Presse and several business angels are joining historical investors, some of whom also reinvested on this occasion, notably EduCapital, Pierre Kosciusko Morizet, Michaël Benabou and Hachette Livre. 

Solferino Associés (Bernard-Olivier Becker & Camille Chastagner) assisted PowerZ on contractual and corporate law aspects, with the assistance of Cazals Manzo Pichot Saint Quentin on tax aspects.

Bpifrance Investissement and Raise Ventures were advised by Joffe & Associés.

iXBlue, a French provider of solutions and services for navigation, positioning, and imaging acquired Muquans, a French company specialised in very high performance instrumentation.

Solferino Associés (Bernard-Olivier Becker & Louise Toison) assisted MuQuans on contractual and corporate law aspects, with the assistance of Cazals Manzo Pichot Saint Quentin (Maxence Manzo & Bertrand de Saint-Quentin) on tax aspects.

IXblue was advised Stance Avocats

As part of the internationalization of its activities, the Voyageurs du Monde Group, the French leader in tailor-made travel (Voyageurs du Monde and Comptoir des Voyages) and adventure travel (Terres d’Aventure, Allibert Trekking and Nomade Aventure), has announced the signing of an investment agreement between the founders, the funds Certares and Nov Tourisme, which are acquiring a stake in the company, the historical investors (Crédit Mutuel Equity, Bpifrance, Montefiore Investment and BNP Paribas Développement), the company and its controlling shareholder, Avantage, for the following transactions:

  • Certare’s entry into the capital of Avantage by subscribing to a convertible bond issue accompanied by Crédit Mutuel Equity and Bpifrance for a total amount of €40 million.
  • First convertible bond issue by Voyageurs du Monde reserved for Certares, Crédit Mutuel Equity and Bpifrance for an amount of € 75 million.
  • Second convertible bond issue by Voyageurs du Monde with preferential subscription rights, in June 2021, for an amount of approximately €55 million, with Avantage committing to subscribe to the €40 million invested by Certares, Crédit Mutuel Equity and Bpifrance in Avantage.

Solferino Associés (Bernard-Olivier Becker, Fouad Bellaaroussi & Marie Estelle Colin) advised Bpifrance on this transaction.

Crédit Mutuel Equity SCR was advised by Allen & Overy, Certares by Dechert LLP (legal aspects) and EY (tax structuring and due diligence). Voyageurs du Monde was advised by Chammas&Marcheteau.

Vergnet, a company which specialises in generating renewable energy (wind, solar and hybrid sources) and delivering high performing energy solutions, listed on Euronext Growth, issues a new convertible bonds facility.

This facility has been fully subscribed by Park Capital, an investment company which specialises in providing flexible equity linked financing solutions and has been structured through the issuance of warrants (Bons d’Émission) allowing the investor to subscribe convertible bonds (Obligations Convertibles en Actions) upon request of the company for a maximum global amount of 7M€.

This facility aims at pursuing the R&D efforts as well as external growth transactions..

Vergnet has been advised by Solferino Associés (Fouad Bellaaroussi et Camille Chastagner).

Park Capital has been advised by Jeantet Associés (Cyril Deniaud et Benjamin Cohu).

Solferino Associés is pleased to announce the appointment of Diane Hervey-Chupin as new Partner. This appointment highlights the 10th anniversary of the firm.

Diane Hervey-Chupin’s appointment  is a recognition of her career within the firm and of her involvement with the firm’s clients, as well as her professional and human qualities.

This appointment also demonstrates Solferino Associés’ willingness to promote high-potential talents internally, and enables the firm to strengthen its position in complex litigation matters.

Charlotte Plantin and Guillaume Buge, partners in charge of the firm’s litigation practice declare: “We are very proud of Diane’s career within the firm. Her technical skills and the confidence relationship  she established  with our clients are fundamental for us.”

Diane Hervey-Chupin confirms: “I am delighted to become a partner, alongside lawyers with whom I have shared a strong relationship of trust and the same professional and human values for more than seven years.”

During her seven years of practice at Solferino Associés, Diane Hervey-Chupin has developed her practice in business litigation, and had the opportunity to assist the firm’s clients in many complex disputes before civil, commercial or criminal courts. She also has specific expertise in assisting healthcare professionals before disciplinary courts.

Having joined Solferino in 2013, Diane became Counsel in 2018.

Amoeba, producer of a biological biocide, capable of eliminating bacterial risk in water and human wounds, and a biocontrol product for plant protection, listed on Euronext Growth, issued a new bonds facility.

This financing subscribed by Nice & Green, a company specialized in providing corporate services and flexible financing solutions to listed companies, has been structured by the issuance of a convertible bonds facility amounting to 23M€.

This new facility aims at pursuing the development of the Amoeba’s biocontrol application as well as restructuring Amoeba’s debt and consolidating its equity.

This new facility also provides for an incentive program allowing Amoeba to benefit from a part of the potential positive financial result of the transaction for Nice & Green.

Nice & Green has been advised by Solferino Associés (Fouad Bellaaroussi & Camille Chastagner).

Amoeba has been advised by Lamy Lexel (Vincent Medail & Aymeric Vuillermet).

Argos Wityu, an independent European private equity group, has acquired the French perimeter of Sword Group, creating an independent leader in IT-Digital and Software.

Solferino Associés (Bernard-Olivier Becker & Marie Estelle Colin) accompanied the directors and managers of Sword France in this transaction, with the assistance of Cazals Manzo Pichot Saint Quentin (Maxence Manzo & Bertrand de Saint-Quentin) for tax matters.

Argos Wityu was advised by Hogan Lovells.

The seller was advised by Quartèse Avocat and Korvinglaw.

As part of the internationalisation of its activities, the Voyageurs du Monde group, French leader in tailor-made travel (Voyageurs du Monde and Comptoir des Voyages) and adventure travel (Terres d’Aventure, Allibert Trekking and Nomade Aventure), raises 16 million euros, subscribed by investors and management, and strengthens its shareholder base.

On this occasion, Bpifrance acquired a stake in Avantage, the holding company that controls the Voyageurs du Monde group, alongside the historical investors, Crédit Mutuel Equity SCR (formerly CM-CIC Investissement) and FPCI Kairos Alpha, FPCI Montefiore Investment III and BNP Paribas Développement.

Bpifrance was advised by Solferino Associés (Bernard-Olivier Becker, Fouad Bellaaroussi & Marie Estelle Colin).

Crédit Mutuel Equity SCR was advised by Allen & Overy. Voyageurs du Monde was advised by Fidal.

SpineGuard, a company listed on Euronext Growth, and specialized deploying its proprietary real time sensing technology DSG® (Dynamic Surgical Guidance) to streamline the placement of implants in the skeleton, announces a new equity financing.

This new financing aims at securing the Company’s cash runway in the context of both the COVID-19 pandemic and the Chapter 11 and French ‘sauvegarde’ plans currently being prepared.

This new financing amounting to 2.4 millions euros has been structured in the form of issuance of pre-paid warrants fully subscribed by Nice & Green, a company specialized in providing corporate services and flexible financing solutions to listed companies.

This issuance of pre-paid warrants in several tranches allows SpineGuard to receive 90% of the amount of each tranche at the subscription and to benefit upfront from almost of the amount of such tranches, the remaining amount being provided at the exercice of the warrants.

Nice & Green has been advised by Solferino Associés (Fouad Bellaaroussi).

SpineGuard has been advised by FLV Associés (Bastien Mathieu).

Read the press release published by SpineGuard