Keensight Capital’s LBO on Valiantys

Paul Hastings and Allen & Overy advised Keensight Capital on the transaction. Dentons advised the shareholders and management of Valiantys Group. Willkie Farr & Gallagher advised Bridgepoint Credit. Bird & Bird advised Tercera.

Keensight Capital announced the LBO on Valiantys, a leading global consulting and services firm dedicated to Atlassian, structured with the management team and Tercera Capital.

Valiantys has built an exceptional relationship with Atlassian, a leading provider of team collaboration and productivity software, and boasts a strong track record of organic growth with €98M revenues in 2021, up 73% year-over-year. It is currently operating in France, Switzerland, UK, Benelux, USA, and Canada – and aiming to scale its team to 300 this year.

Valiantys received the Atlassian Partner of the Year award seven times, including most recently in the Enterprise Services category.  Valiantys has been the first to achieve the two current key Atlassian specializations: Agile at Scale and Cloud. This elevates Valiantys’ portfolio of service offerings, including business agility, cloud migrations and consolidation, IT and enterprise service management, and 24/7 support coverage.

Keensight Capital aims to support Valiantys and its teams led by Lucas Dussurget in accelerating strategic acquisitions, growing their talent pool, and expanding their international footprint.

Paul Hastings’ team on this transaction was led by Olivier Deren (Partner, Picture) and included Charlotte Dupont (Of Counsel) and Amandine Guignard (Associate) on the contractual and corporate aspects, Allard de Waal (Partner) and Alban Castarède (Associate) on the tax aspects, as well as Stéphane Henry (Partner) and Alexandre Ruiz (Associate) on the employment law aspects.

The shareholders and management of the Valiantys group were advised by Dentons (Olivier Genevois, Guillaume Kessler and Jérôme le Berre, partners, and Clémence Breuil and Caroline Pucel, associates), with Bird & Bird (Bertrand Levy, partner) advising Tercera.

Allen & Overy (Géraldine Lemzi, partner, Constance Frayssineau, associate) advised Keensight Capital on the unitranche financing provided by Bridgepoint Credit, which was advised by Willkie Farr & Gallagher.

The Willkie Farr & Gallagher team included Paul Lombard, Ralph Unger and Martin Jouvenot.

Involved fees earner: Constance Frayssineau – Allen & Overy; Géraldine Lezmi – Allen & Overy; Bertrand Lévy – Bird & Bird; Clémence Breuil – Dentons; Olivier Genevois – Dentons; Guillaume Kessler – Dentons; Jérôme Le Berre – Dentons; Caroline Pucel – Dentons; Alban Castarède – Paul Hastings LLP; Allard de Waal – Paul Hastings LLP; Olivier Deren – Paul Hastings LLP; Charlotte Dupont – Paul Hastings LLP; Amandine Guignard – Paul Hastings LLP; Stéphane Henry – Paul Hastings LLP; Alexandre Ruiz – Paul Hastings LLP; Martin Jouvenot – Willkie Farr & Gallagher; Paul Lombard – Willkie Farr & Gallagher; Ralph Unger – Willkie Farr & Gallagher;

Law Firms: Allen & Overy; Bird & Bird; Dentons; Paul Hastings LLP; Willkie Farr & Gallagher;

Clients: Bridgepoint Capital; Keensight Capital; Tercera.io; Valiantys;

Naoual Sadouqi

Author: Naoual Sadouqi