Deals & Disputes

Gide advises EMZ Partners on Nexteam group LBO

Gide advised EMZ Partners in connection with the LBO of Nexteam group structured, alongside Nexteam group senior management led by Ludovic Asquini, its President, and Christophe Maury, its Managing Director, by a group of long-standing investors, the “Amis de Nexteam“, comprising both family and institutional investors, and a consortium of leading financial investors led by EMZ Partners, Bpifrance and Amundi Private Equity Funds.

 Founded in 2013, Nexteam group has established itself as a premier manufacturer of critical components for the aeronautics and defence sectors, having successfully consolidated and integrated a number of family-owned businesses while developing best-in-class technical expertise. Its mastery of highly complex parts and its industrial capabilities position it as a critical player in the supply chain of major contractors, including Safran, Airbus and Ariane Group, across their most strategically significant programs. Nexteam group currently employs over 2,700 people cross 21 sites located in 7 countries, in Europe, North Africa and India.

Upon completion of a competitive process led by CACIB and Indosuez Corporate Finance, Ludovic Asquini and Christophe Maury selected EMZ Partners, Bpifrance and Amundi Private Equity Funds as their preferred financial partners to support Nexteam group’s next phase of growth. The transaction also saw the long-standing investor base broadened in the introduction of new “Amis de Nexteam” investors, further expanding the original circle of family and institutional investors.

The Gide team was led by partners Sébastien Crepy and Vincent Nacinovic, with associates Adèle Patinier, Oumnia Benkirane and Sarah Chevreau (LBO-Sponsors team – contractual and corporate matters); partner Eric Cartier-Millon and of counsel Sarah Whitley (financing); partner Franck Audran and counsel Charles Terdjman (antitrust); partner Pierre-Antoine Degrolard and associate Jonathan Navarro (foreign investment control).