Private Equity

 

Salans’ Private Equity sector group has been active for over 20 years, leveraging experience, resources, and knowledge to assist clients in highly specialised private equity transactions. We represent numerous private equity funds, management teams, and investors. We handle all aspects of structuring and operating private equity funds, from the creation of investment structures to the disposal of investments.

Our Approach

Our Private Equity team offers a core group of specialised lawyers, who work with their clients and, where necessary, involve colleagues from our global Tax, Employment, Real Estate and Corporate practices to provide a comprehensive approach. In addition, each member of the team specialises in one or more of the particular disciplines of private equity. Together members of the group offer clients a full service encompassing all areas necessary to complete the work.

Our Private Equity Services

We provide advice to clients in the following areas:

• Funds Creation: forming and structuring investment and management vehicles, regulatory and tax matters, and advising on investor relations;
• Funds of Funds: secondary transactions: assisting funds of funds in their investment decisions, acquisitions and portfolio sales;
• LBO – MBO: acquisitions / disposals, shareholder agreements, side agreements, post-transaction restructuring and exit strategies;
• Advice to Management Teams: carry and vesting issues for management teams, portfolio management packages, employee profit-sharing, share-based incentive schemes, acquisitions and sales of management companies going independent;
• Financing: LBO and mezzanine financing, portfolio growth, investment restructuring and refinancing, target companies’ expansion plans;
• Venture Capital: acquisitions / sales, shareholder agreements and side agreements;
• Fund and Corporate Governance: regulatory, best practice and risk management; and
• Delisting – Public to Private: delisting process, liaising with regulatory authorities on all regulatory issues, and preparing all required documentation.

We also assist clients in the acquisition of listed securities including by way of tender offers and public to private transactions.

Private Equity Clients and Expertise

Examples of the varied range of transactions on which we work include:

• Advising in relation to establishing management companies and negotiations with the Autorité des Marchés Financiers;
• Assisting various funds, after their creation, with advice across a range of areas including acquisitions, portfolio follow-up and disposals;
• Advising secondary funds in connection with their investments in, or divestments of, interests in the portfolios of other funds; and,
• Advising clients on numerous investments in both listed and non-listed companies.