Novi 1 Fund, a fund managed by Tikehau Investment Management SAS, Patrimoine et Création 1, a fund managed by Bpifrance Investissement, Raise Investissement, SAS, Tikehau Capital (ENXTPA:TKO), and Groupe IDI (ENXTPA:IDIP), along with the management of Atelier Mériguet-Carrère agreed to acquire Atelier Mériguet-Carrère from Qualium Investissement, Future French Champions SAS and others on July 19, 2017. The transaction was financed by debt provided by CM-CIC, BNP Paribas and Banque Palatine. Atelier Mériguet-Carrère reported turnover of around €180 million in 2017.

Pierpaolo Carpinelli, Pierre Sader, Laurent Baril, Nicolas Bonnault and Gregoire Chertok of Rothschild & Co acted as financial advisors to Atelier Mériguet-Carrère. Cedric Hajage and Marie-Hélène Raffin of Willkie Farr & Gallagher LLP acted as legal advisor to Antoine Courtois, Chief Executive Officer, and the management team of Mériguet. Pierpaolo Carpinelli, Benjamin Osdoit and Pierre Gibour of Transaction R acted as financial advisor to the sellers. Olivier Deren and Charlotte Dupont of Paul Hastings acted as legal advisor to Qualium Investissement. Cédric Hajage, Marie-Hélène Raffin, David Lambert, Georges Balit, Camille Lautier and Mathilde Vannson of Willkie Farr & Gallagher acted as legal advisor to the management. Arnaud Thibésart, Camille Coulon, Frédéric Chatillon and Guillaume de Baudreuil of PwC Transaction Services acted as vendor due diligence advisor to the sellers. Serge Hovsepian, David Danon-Boileau and Christophe Ruiz of LEK acted as strategic vendor due diligence advisor. Colin Millard and Antoine Venier of Simmons & Simmons acted as legal advisors to the financing banks. Olivier Aubouin and Marine Ollive of Mayer Brown acted as legal advisor while Patrick Teboul, Maud Bischoff and Constance Bouchet of Mayer Brown acted as legal advisors for financing, while Benjamin Homo, Paul de France and Olivia Sibieude of Mayer Brown acted for the fiscal matters. Fabien Thièblemont and Maxime Guichot-Perrère of Eight Advisory acted as financial due diligence advisor and Sophie Fournier-Dedoyard, Aline McGowan, Guillaume Giuliani, Frédéric Mandel and Diane Dubail of Desfilis Avocats acted as tax due diligence advisor to the buyers.