Legal DealFolio - Capzanine Acquisition of Majority Stake in Opteven

King and Wood Mallesons SJ Berwin advised Capzanine on the acquisition of a majority stake in Opteven alongside the management. Founded in 2004, Capzanine is an independent investment fund specialising in equity and mezzanine financing for companies and their growth projects. Previously part of the RAC group (formerly the British Royal Automobile Club), Opteven is a leading player in the Assistance and Mechanical Breakdown Warranties market in France and in Europe. Based in Villeurbanne, the group employs more than 220 people and in 2013 its turnover was nearly EUR100 million. Since 2010 Opteven has been controlled by majority stakeholder Finadvance, alongside the Managers and the Aviva Insurance group. The King and Wood Mallesons SJ Berwin team was composed of Corporate partner Jerome Jouhanneaud, counsel David Diamant and associates Charlotte Cloix and Mathieu Terrisse, with Finance partner Olivier Vermeulen and associate Marc Zerah, as well as Tax partner Raphael Bera and associate Antoine Le Touze.

Deal Date:	05-05-2014	Practice Area:	Corporate and M&A
Deal Title:	Capzanine Acquisition of Majority Stake in Opteven	Industry:	Support Services
Description:	King and Wood Mallesons SJ Berwin advised Capzanine on the acquisition of a majority stake in Opteven alongside the management. Founded in 2004, Capzanine is an independent investment fund specialising in equity and mezzanine financing for companies and their growth projects. Previously part of the RAC group (formerly the British Royal Automobile Club), Opteven is a leading player in the Assistance and Mechanical Breakdown Warranties market in France and in Europe. Based in Villeurbanne, the group employs more than 220 people and in 2013 its turnover was nearly EUR100 million. Since 2010 Opteven has been controlled by majority stakeholder Finadvance, alongside the Managers and the Aviva Insurance group. The King and Wood Mallesons SJ Berwin team was composed of Corporate partner Jerome Jouhanneaud, counsel David Diamant and associates Charlotte Cloix and Mathieu Terrisse, with Finance partner Olivier Vermeulen and associate Marc Zerah, as well as Tax partner Raphael Bera and associate Antoine Le Touze.
Financial Center:	Paris	Value:	0.00-0.00
Advised Party:	Private Equity Investor	Law Firm	King & Wood Mallesons SJ Berwin
Target Company Jurisdiction	France	Acquiror Jurisdiction	France
Classification:	Financial Buyer Acquisitions Primary Buy-Out	Lawyer	Jerome Jouhanneaud

Practice Areas -

Corporate and M&A Law Firms and Lawyers

Practice Areas - Corporate and M&A Law Firms and Lawyers