Jeantet advised Tikheau Investment Management in refinancing the acquisition of Visco and the entry of minority investors in Visco’s capital

 

Paris, March 3, 2023, following the acquisition of Visco by Tikehau Investment Management in July 2022, Jeantet has assisted Tikehau Investment Management, the private equity business of Tikehau Capital, in the entry, as minority investors, of investment vehicles represented by Crédit Agricole Régions Investissement (Carvest) in the capital of Visco, a recognized operator in high-precision mechanical machining for leading-edge industries, notably defense, aeronautics, space, arms and energy in France, and the refinancing of the acquisition of Visco by Crédit Agricole Centre Loire.

Founded in 1908, Visco is based near Montargis. It specializes in the design, development and manufacture of complex, high value-added parts and sub-assemblies. It is referenced with the major operators in these cutting-edge industries, including Thales, Dassault, Nexter and Safran, in addition to a dozen other manufacturers.

A subsidiary of 11 Crédit Agricole Regional Banks, including Caisse Régionale Centre Loire, Crédit Agricole Régions Investissement (Carvest) supports companies in implementing growth capital and buyout transactions. A responsible and committed minority investor, Carvest currently manages more than €300 million in some 200 regional companies. Carvest relies on a team of professionals based in the regions (Lyon, Orléans, Dijon, Strasbourg and Reims).

Tikehau Investment Management is a private equity firm specialized in industrial and technological sectors. In the aeronautics and defense fields, Tikehau Investment Management has built its model on partnerships with major groups investing in its funds (notably Airbus, Safran, Dassault Aviation, Thales, EDF, Naval Group, Sopra Steria). Expert in these sectors and endowed with a strong entrepreneurial and industrial culture, Tikehau Investment Management supports the development of its participating interests in the long term with a differentiated strategy. Tikehau Investment Management is backed by the worldwide presence of Tikehau Capital.

Tikehau Investment Management était également accompagné par Vulcain, conseil financier sur cette opération.

The Jeantet team that advised Tikehau Investment Management in this transaction was made up of Wyssam Mansour, Counsel, and Aude Cassaigne, Associate, on the M&A aspects, Alexae Fournier-de Faÿ, Partner, and Damien Le Mouël, Associate, on the financing aspects, as well as Gabriel di Chiara, Counsel, and François-Xavier Simeoni, Associate, on the tax law aspects.

Tikehau Investment Management was also assisted by Vulcain, financial advisor on this transaction.

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