SCOTTO & ASSOCIÉS assists the majority family shareholder of the Babilou Group and Société Générale Capital Partenaires during acquisition of shares by Cobepa

Paris, 30 October 2013

Scotto & Associés has assisted members of the Carle family, founders of the Babilou Group, upon the exit from the group's share capital of the investment fund Alpha and the acquisition of an equity interest by Belgian investment fund Cobepa and by Société Générale Partenaires.

The largest French network of nurseries for young children, Babilou reported turnover of around €150 million in 2012. The group employs almost 3,000 people across 200 private nurseries.

The following teams from the firm were involved:

• Lionel Scotto le Massese and Nicolas Menard-Durand, assisted by Tessa Parodi de Schonen and Aurore Suain on corporate and contractual aspects;
• our tax team on all taxation issues; andet
• SSérafine Poyer and Justine Moreau on employment law aspects.

Fuchs Cohana Reboul & Associés also advised the Babilou group regarding the financing of the transaction (Guillaume Reboul, Olivier Mourain and Marine Zammith) and competition law (Frédéric Fuchs and Sébastien Dominguez).

Other advisers on the transaction:

Financial advice:

Acetis Finance assisted the Carle family

Rothschild & Cie (Sébastien Proto) assisted Cobepa

MMessier Maris et Associés assisted Alpha

Other law firms:

White & Case (Brussels and Paris) assisted Cobepa

Wragge & Co advised Société Générale Capital Partenaires

SJ Berwin assisted Alpha

Hogan Lovells advised the corporate banks