PRESS RELEASE - DELSOL Avocats advised Siparex Midcap on the acquisition of Phase Neutre
DELSOL Avocats advised Siparex Midcap, an investment fund managed by Siparex, an independent French private equity group, acting as lead investor in a pool of investors, on the acquisition of Phase Neutre (123 Elec), France’s leading online distributor of electrical equipment, alongside the management team and other co-investors.
This majority LBO transaction enables Siparex Midcap, leader of a pool of investors comprising BNP Paribas Développement, Carvest, Garibaldi Participations, and Arkea Capital, to join forces with the management team, led by Michel Chaves, to take over the Phase Neutre Group. The transaction also enables the exit of B&Capital, the current majority shareholder, as well as Capelia, Cepal, and Celda Capital Développement.
This transaction was carried out with a multidisciplinary team including :
- Emmanuel KAEPPELIN, partner, Marine PETOT, counsel, and Mathieu LAMBERT, associate, on the corporate aspects ;
- Séverine BRAVARD, partner, and Alexandre MÉNAGER, associate, on the financing aspects.