Cornet Vincent Ségurel assists minority investors in the LBO ter of Acces Industrie

Acces Industrie, a group based in Lot-et-Garonne (Tonneins) and specialising in the rental of aerial work platforms, is being taken over by Delmas Investissements et Participations, backed by several minority investors: BNP Paribas Développement, Société Générale Capital Partenaires, GSO Capital and Irdi, which is reinvesting. For their part, Equistone, which had held a majority stake for 4 years, is withdrawing from the capital, followed by Crédit Mutuel Equity. The shareholding of the company’s managers, already present in the capital, is also being increased.

Acces Industrie is one of the leading independent rental companies for aerial work platforms and handling equipment. The group has a fleet of 12,000 machines in 42 branches, including 4 in Spain. Acces Industrie employs 650 people and will generate sales of around €140m by 2023. With the support of the new majority shareholder, the group aims to continue its expansion in France, as well as in Spain and Portugal.

Participants

Acquirers: Delmas Investissements et Participations (Hervé Delmas, Davide Demade), Société Générale Capital Partenaires (Stéphane Morange, Arthur Amouriaux), BNP Paribas Développement (Jérôme Vigier, Antoine Legris, Bernadette Robin), IDIA Capital Investissement (Pierre-Arnaud Pinczon du Sel , Olivier Lutz-Sorg , Faora Narayanan , Alexandre Barbe , Jean Lebreton), GSO Capital (Cyril Laugier), IRDI Capital Investissement, Managers

Vendors: Equistone Partners (Guillaume Jacqueau, Grégoire Châtillon, Grégoire Schlumberger, Jérémy Mathis), Crédit Mutuel Equity

Debt: LCL (Quentin Viltart), La Banque Postale Financement et Investissement, Artemid (Constantin Kryvian, Gabriel Karsenty), CIC, BNP Paribas, Société Générale (Matthieu Saliou, Alya Derbel), Banque Palatine, Caisse d’Epargne Aquitaine Poitou-Charente, Eurazeo IM

Advisors

M&A advisors: Clearwater International (Benjamin Zayat, Benoit Voyer, Ludovic Balkany, Axel Rémy, Adrien Tordeur, David Zhan)

Purchasing lawyers :

Minority investors: Cornet Vincent Ségurel (Stéphanie Gérard, Claire Jagueneau)

Delmas Investissements et Participations: Hogan Lovells (Stéphane Huten, Alexander Prémont, Arnaud Deparday, Christophe-Marc Juvanon, Charlène Jouët, Ouassila El Asri)

DD Acquisreurs Juridique et Fiscale: Deloitte Société d’avocats (Julien Dominguez, Stéphanie Norève)

Finance: Deloitte Finance (Bertrand Chaboussou, Rodolph Le Roho, Arthur Metge)

DD Acquéreurs Stratégie: Accuracy (Jean-François Partiot, Carlo Paviciullo

M&A advisor to the sellers: Natixis Partners (Olivier Dardel, Jérôme Vivien, Hugo Granat, Pierre Montembaut, Benoît Dulaurans, Théo Pijoulat)

Corporate lawyers for the sellers : Goodwin (Thomas Maitrejean, Mathieu Terrisse, Pauline Louis)

Strategic Development for the sellers : Roland Berger (Matthieu Simon, Matthieu Daumas, Pierre-Edouard Blanc)

Legal, Tax and Employee Benefits: EY Société d’avocats (Johan Gaulin, Sophie Allex-Lyoudi, Martin Birée)

VDD Financial: Eight Advisory (Katia Wagner, David Wild)

Corporate Managers: Duroc Partners (Alexandre Dejardin, Faustine Paoluzzo, Martin Brunet, Marianne Dos Santos)

Tax Law Managers: Tax Team & Conseil (Jean-Jacques Calderini, Virginie Tafforeau)

Financing advisor: Natixis Partners (Denis Vidalinc, Martin Chalanset)