123Venture announces its decision to open its capital to its team

123Venture, a management company dedicated to private equity,  is pleased to announce its decision to open its capital to its team via an OBO (Owner Buy Out).

17 employees are now shareholders of the management company versus 7 prior to the closing.

Banque Palatine and NATIXIS-Banques Populaires Rives de Paris were mandated to arrange the bank pool for a total amount of €21,000,000.

The Société Générale and Banque Neuflize OBC also participated in the deal.

“We are thrilled about the deal which aims to strengthen the team for the future and to attract new talent.” said Olivier Goy, founder and CEO, 123Venture.


List of Participants :

Banks

• Banque Palatine (Johann Devaux, Antoine Gobert) – Mandated Arranger and Agent
• Natixis (Fabrice Alliany, Jean-Baptiste Lassaigne) – Coordinator
• Banque Populaire Rives de Paris (Géraldine Bellanger, Guillaume Gindre) – Mandated Arranger
• Société Générale (Michel Le Boudec, Olivier Dupont, Joelle Lucidarme) – Co-arrangers
• Banque Neuflize OBC (Laurent Sabatier, Sandrine Moreira, Nicolas Martin) – Co-arrangers

Advisors

• 123Venture : De Gaulle Fleurance & Associés (Henri-Nicolas Fleurance, Franck Bauchet, Stéphanie Roy-Bossi, Mehdi Ouchallal)
• Banks : Orrick (Jean-Marc Zampa, Bruno Vanini, Louis Raynaud)
• Fiscal : Artemtax International (Hervé Bidaud, Edouard Lalos)

Due Diligence

• Financial: PwC Transaction Services (Hervé Demoy, Enguerran de Crémiers)
• Legal : Landwell (Virginie Louvel, Nicolas Mordaunt Crook, Elena Pascal, Alexandre Lechrist)