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

Solferino Associés has been ranked as one of the best French M&A law firms by Le Point magazine, dated 25 June 2020.

This ranking, conducted by Statista based on a survey among 18,000 lawyers, inhouse corporate lawyers and clients, rewards the best law firms based ont the technical expertise, the availability and the transaprency of their lawyers.

10 years after having been created, the firm takes a new step thanks to its entire team and warmly thanks its colleagues and clients with whom Le Point Magazine has collaborated to establish this ranking.

Solferino Associés advised Dedalus France, a leading healthcare and diagnostic software provider, in the context of the public tender offer launched by its main shareholder, Dedalus Italia S.p.A.

This tender offer, has been approved by the Financial Market Authority (Autorité des Marchés Financiers) on 23 June 2020,  and will be followed by a squeeze-out should Dedalus Italia reach the threshold of 90% of share capital of Dedalus France as a consequence of the tender offer.

Solferino Associés advised Dedalus France with Fouad Bellaaroussi, Louise Toison and Justine Lossois.

Dedalus Italia has been advised by Clifford Chance with Gilles Lebreton, Aline Cardin, Alexandre Merle and Valentin Morichon.

Amoeba Biocide, 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 Paris, issues a new convertible bonds facility.

This financing of 6.5M€ subscribed by Nice & Green, a company specialized in providing corporate services and flexible financing solutions to listed companies, aims at supporting the activities of Amoeba up to August 2021, especially (i) the R&D activities on the biocontrol application for the prevention of plant diseases such as downy mildew, potato downy mildew, cereal rust and (ii) the applications for authorization of the active substance biocide and the plant protection substance in Europe and United States.

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

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

Abénex Croissance is taking control of Aerow Group, a leader in Intelligent Information Management (IIM) and is supporting the investment of around fifteen executives led by the Chairman and the Chief Executive Officer.

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

Abénex Croissance was advised by Claris Avocats on contractual and corporate law aspects and by Arsène Taxand for tax law aspects. The sellers were advised by the law firm Reinhart Marville Torre.

Rothschild & Co, 123 Investment Managers and SLP entered into an agreement with Cushman & Wakefield, a major global real estate services provider listed on the New York Stock Exchange, relating to the sale of REPONSE, one of the major French design & build services provider.

Rothschild & Co et 123 Investment Managers, who initially invested as Mezzanine instruments, entered the Company’s capital in 2016 in the context a restructuring process and have been involved in the Company together with the Management since then.

This strategic acquisition, which offers complementary services to Cushman & Wakefield in France, is still subject to French Antitrust Authority.

Rothschild & Co et 123 Investment Managers have been advised by Solferino Associés (Fouad BELLAAROUSSI & Camille CHASTAGNER).

SLP has been advised by MBL Associés (Maguelone BEAUMOENT-LORIOT).

Cushman & Wakefield has been advised by DLA Piper.

Vulcain advised the sellers as M&A Advisor (Gauthier BAIJOT & Cyprien BERTHIER).

For its Series C, Qonto raised €104 million. Tencent and DST Global are joining historical investors Valar Ventures and Alven Capital in this transaction.

Solferino Associés (Bernard-Olivier Becker, Fouad Bellaaroussi & Marie Estelle Colin) assisted Qonto on contractual and corporate law aspects, with the assistance of Cazals Manzo Pichot Saint Quentin (Maxence Manzo & Bertrand de Saint-Quentin) on tax aspects.

The Valar and Alven funds were advised by Jones Day, Tencent was advised by Clifford Chance and DST Global was advised by Goodwin.

Proparco proceeded with the sale of its shareholding representing 20% of the share capital of a private bank in Mauritania, a key player in financing entrepreneurship and the private sector.

After having been authorized by the Central Bank of Mauritania, the transaction has been closed on 30 December 2019.

Proparco has been advised by Solferino Associés with Fouad BELLAAROUSSI & Marie Estelle COLIN in Paris and Mohamed Lemine ABDEL HAMID in Nouakchott.

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