Gide, counsel to CDC International Capital on the EUR 100 million fund raising of Devialet
30 November 2016
Deals | France | M&A | Private Equity
Gide advised CDC International Capital via Future French Champions, the partnership with the Qatari sovereign fund Qatar Investment Authority (QIA), on the EUR 100 million fund raising of Devialet, alongside Ginko Ventures, CM-CIC Investissement, Korelya Capital, Foxconn, Naver, Renault Playground Global, Roc Nation and Bpifrance Investissement.
Founded and based in Paris, Devialet is now the international leader for high end amplifiers. Only four years after the first launch, Devialet has become a market leader thanks to the continuous, drastic and revolutionary inventions in audio engineering such as the technology that transformed sound amplification: the ADH Intelligence. The first hybrid technology that associates the preciseness of Analog amplification (Class A) to the power of Digital amplification (Class D) allowing Devialet products to reach a never heard before sound quality.
The Gide team advising CDC International comprised partner David-James Sebag and Paul Jourdan-Nayrac.