Gide advises MBO+ on employee-led majority acquisition of the company’s share capital

Gide has advised MBO+, an independent management company specialising in private equity investments in French SMEs and mid-cap companies valued between €20 million and €200 million, on the reorganisation of its shareholding structure.

This transaction marks a major milestone in the history of MBO+, with 80% of the company’s capital now owned by its employees. This follows the transfer of shares, for the benefit of the teams, previously held by the last two founding partners still in the firm’s capital, Éric Dejoie and Richard Broche.

This development is in line with the strategic plan initiated upon the appointment of Xavier de Prévoisin as Chairman of MBO+, succeeding Éric Dejoie.

Gide’s team was composed of partner Louis Oudot de Dainville, counsel Pierre-Guillaume Sagnol and associate Yassine Ben Kraiem on corporate/M&A aspects; partner Benjamin Delaunay, associate Myriam Danicourt and associate Pierre-Louis Riou on regulatory aspects; partner Paul de France and associate Chloé Tabone on tax aspects.