Next Stage Fund, managed by Entrepreneur First Operations Limited and BNP Paribas Développement SA, SCR and Bpifrance agreed to acquire Wolf Lingerie S.A from Capital Grand Est and Gimv NV (ENXTBR:GIMB) on January 25, 2022.

Next Stage Fund, managed by Entrepreneur First Operations Limited and BNP Paribas Développement SA, SCR and Bpifrance completed the acquisition of Wolf Lingerie S.A from Capital Grand Est and Gimv NV (ENXTBR:GIMB) on February 22, 2022. Igor Doumenc, Julien Brouwer, Maud Gendron, Dorothée Traverse, Christine Hillig-Poudevigne of Yards Avocats acted as legal advisor to Next Stage Fund. Marie-Charlotte Bonnemay and Thierry Falque-Pierrotin of Vulcain S.A.S. acted as financial advisor to Wolf Lingerie S.A. Alexis Terray of Paul Hastings acted as legal advisor to Gimv NV. Ernst & Young acted as due diligence advisor to Next Stage Fund, managed by Entrepreneur First Operations Limited, BNP Paribas Développement SA, SCR and Bpifrance in the transaction.