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group

We advise our clients in France and abroad with specialized partners whom we select for their pertinence to the matter at hand.

Jérôme Majbruch

Issues

  • Purchase or sale
    • External growth transactions
    • Share deals or asset deals
    • Joint ventures
  • Internal reorganisation
    • Mergers, demergers, asset transfers
  • Pre-litigation and litigation (judicial disputes / arbitrations)
    • Price computation disputes
    • Representation and warranty disputes
    • Shareholders’disputes

When working with medium-sized firms and listed groups, STANCE always seeks to build a constructive dialogue within multidisciplinary teams dealing with the legal as well as financial aspects of the case, so as to define the most appropriate legal solutions to fit the clients’global needs.

recent deals

2018 - significant deals

2018 Wizville prise de participation Newfund conseil des investisseurs STANCE2018 Akoustic Arts prise de participation Newfund Renault conseil des investisseurs STANCE2018 Arenametrix prise de participation Newfund conseil des investisseurs STANCE2018 Optionizr prise de participation Newfund conseil des investisseurs STANCE2018 FairMoney prise de participation Newfund conseil des investisseurs STANCE2018 PouleHouse levee de fonds Business Angel conseil du business angel STANCE2018 World is a village levee de fonds Onepoint conseil de la cible STANCE2018 Bergoz Instrumentation cession Caribou et Chamois conseil du fondateur STANCE2018 Hotel Gambetta acquisition Ginto Hotel conseil de l acquereur STANCE

2017 - significant deals

2017 Camping and co cession Rocket Internet conseil des fonds d’investissement vendeurs STANCE2017 Jimmy Fairly prise de participation Experienced Capital conseil de l acquereur STANCE2017 Alain Figaret prise de participation majoritaire Experienced Capital conseil de l acquereur STANCE2017 La Croissanterie LBO CM CIC Investissement conseil du fondateur STANCE2017 Accel Accelis cession etiam conseil des vendeurs STANCE2017 Arkadin acquisition NTT communications conseil de la cible STANCE2017 Caldera acquisition Dover conseil des vendeurs STANCE2017 Cette famille prise de participation Newfund Normandie Participations STANCE2017 Loginchinese prise de participation Newfund conseil de l investisseur STANCE2017 Luckey Homes prise de participation Newfund Nexity conseil des investisseurs STANCE2017 Novacyt Dual listing AIM London stock exchange Euronext growth conseil de la cible STANCE2017 Polyfont OBO personnes physiques conseil de l operation STANCE2017 Restauration francaise acquisition Newrest conseil de l acquereur STANCE2017 Robocath levee de fonds M Capital conseil de l investisseur STANCE2017 Vanguard acquisition Sterience conseil de l acquereur STANCE2017 Seifel acquis par Sicame Group Equistone conseil du vendeur STANCE

2016 - Opérations significatives

2016 Balibaris prise de participation Experienced Capital conseil de l investisseur STANCE2016 Groupe Casino JV avec les principaux franchises Franprix LEader Price conseil de l acquereur STANCE2016 Biofloral acquis par Pranarom Vendis Capital conseil de l acquereur STANCE2016 Apetito acquis par Newrest conseil de l acquereur STANCE2016 Saveurs restauration acquis par Vitalrest conseil de l acquereur STANCE2016 Maison Standards prise de participation Experienced Capital conseil de l acquereur STANCE2016 Primerdesign acquis par Novacyt conseil de l acquereur STANCE2016 Pom d Api LBO investisseurs prives conseil de l acquereur STANCE2016 Adveo acquis par Westcoast conseil de l acquereur STANCE2016 Coralys prise de participation par Newrest conseil de l acquereur STANCE2016 Sœur prise de participation Experienced Capital conseil de l acquereur STANCE2016-Eurofeu-LBO-personnes-physiques-Societe-Generale-conseil-de-l-acquereur-STANCE

Business cases

  • Sale to an industrial group

    After creating its group during the 2000s and developing it with a high growth level – so high that it rapidly became number 3 worldwide –, one of our clients decided to sell his business to a very big international Japanese group in order to ensure its sustained growth. For this client, we negotiated the acquisition of a majority stake by the Japanese group, as well as liquidity clauses for the management who retained a minority interest.

  • Taking control over a distribution network

    For many years, we have been assisting one of our clients with a comfortable cash position and which regularly increases his range of activities, in its acquisitions in France and abroad. We help him in progressively taking control of his international distribution network through joint ventures set up with its currently independent distributors.

  • Joint ventures

    One of our long term listed retailer clients, regularly asks us to set up joint ventures with its main franchisees, in order to enable them to create and develop groups of franchised shops and, later, to find a liquidity for their stakes in the joint ventures. Our client thus benefits from its franchisees’dynamism, while controlling its network development.

  • Litigation on share sale price

    A client who acquired successive stakes in a business, the price of which was determined by a financial formula, needed legal assistance during an ad hoc national litigation procedure consecutive to this formula. We worked closely with a very reputed audit firm because the litigation was based on the interpretation of complex accounting rules (depreciation in particular).