RAISE Investissement’s Acquisition of a Minority Stake in SITES

Paul Hastings advised RAISE Investissement on the deal. Jeausserand Audouard advised the management of SITES.

RAISE Investissement announced its acquisition of a minority stake in the capital of the SITES group, a structural health monitoring pioneer and a specialist engineering company dedicated to infrastructure performance and service life.

This transaction will allow RAISE Investissement to become a minority shareholder of the SITES group, alongside the management. The Fonds France Nucléaire (FFN) managed by Siparex is also participating in the project. This transaction is part of the reorganization of the SITES group’s capital and the exit of Bpifrance, which has supported the group’s growth since 2015 through the Fonds de Développement des Entreprises Nucléaires (FDEN).

Paul Hastings’ team on this transaction was led by Sébastien Crépy (partner, Picture), Jordan Jablonka and Lorraine Dorval (associates) on the corporate and contractual aspects, Allard de Waal (partner) and Capucine Chareton (associate) on the tax aspects, as well as Stéphane Henry (partner) and Alexandre Ruiz (associate) on the employment law aspects.

The Jeausserand Audouard team included Erwan Bordet (Photo), Eléonore Gaulier, Elle Otto (Corporate), Tristan Audouard, Loïc Muller (Tax), Marie-Paule Nöel, Eléonore Secq (Financement).

Involved fees earner: Tristan Audouard – Jeausserand Audouard; Erwan Bordet – Jeausserand Audouard; Eléonore Gaulier – Jeausserand Audouard; Loïc Muller – Jeausserand Audouard; Marie-Paule Noel – Jeausserand Audouard; Elle Otto – Jeausserand Audouard; Eléonore Secq – Jeausserand Audouard; Capucine Chareton – Paul Hastings LLP; Sebastien Crepy – Paul Hastings LLP; Allard de Waal – Paul Hastings LLP; Lorraine Dorval – Paul Hastings LLP; Stéphane Henry – Paul Hastings LLP; Jordan Jablonka – Paul Hastings LLP; Alexandre Ruiz – Paul Hastings LLP;

Law Firms: Jeausserand Audouard; Paul Hastings LLP;

Clients: RAISE Investissement; SITES SAS;

Naoual Sadouqi

Author: Naoual Sadouqi