FINANCIERE DA VINCI agreed to acquire a 65% stake in Cast SA from Long Path Holdings 2, LP, DevFactory FZ-LLC, Crédit Mutuel Equity SCR and Vincent Delaroche for €92.3 million.

FINANCIERE DA VINCI agreed to acquire a 66.94% stake in Cast SA (ENXTPA:CAS) from Long Path Holdings 2, LP, DevFactory FZ-LLC, Crédit Mutuel Equity SCR and Vincent Delaroche for €92.3 million on May 18, 2022. Vincent Delaroche will continue to manage Cast SA. The Block Acquisition and the filing of the Offer with the AMF are expected to occur early in the second half of 2022.

The completion of the contemplated Block Acquisition is subject to customary conditions. 12,223,821 CAST shares (the “Block”) representing 66.94% of the share capital of CAST, for a price of €7.55 per share. Antoine Tézenas du Montcel, Caroline Lan, Paul de France and Foulques de Rostola of Gide Loyrette Nouel A.A.R.P.I. acted as legal advisor to Cast SA.

Mayer Brown France acted as legal advisor to FINANCIERE DA VINCI. Ernst & Young France acted as Due Diligence Provider to Bridgepoint Development Capital.