Deal makers
The firm has proven expertise in handling the employment aspects of corporate transactions. It regularly acts as a partner to business law firms, in-house legal departments and funds across all types of deals (VC, PE, M&A, asset deal, share deal, listed or unlisted companies, buy-side or sell-side, for majority or minority investors, etc.).
Employment, HR and ESG due diligence
We identify and analyze potential employment and HR risks in a pragmatic and balanced way, together with directly actionable operational recommendations.
CSE information and consultation
The firm supports you in ensuring a smooth and secure consultation, serving the success of the transaction and the preservation of a calm social climate.
Employment review of the transaction documentation
We review the employment aspects of the transaction documentation: put option, MoU, SPA, APA, shareholders’ agreement, R&W, bad leaver clauses, etc.
Contracts and offices of key people
The firm supports you in reworking the employment contracts of key employees and the corporate offices of directors as part of the transaction, with a particular focus on sensitive clauses: non-compete, intellectual property, retention bonus, golden parachutes, etc. We also assist in setting up GSC, delegations of authority and other related arrangements.
Employee transfers
We secure the implementation of employee transfers as part of the transaction, whatever their nature: Article L. 1224-1, voluntary or contractual transfers, including where they involve protected employees.
“Loi Hamon” procedure
The firm supports you in implementing the “Loi Hamon” procedure where the deal involves the sale of a majority stake or the sale of a business (fonds de commerce).
Post-transfer integration
We assist you in renegotiating the collective status called into question, concluding transition, adaptation and harmonization agreements, organizing professional elections, harmonizing employment contracts, etc.
Coordination of local counsel
The firm leads and coordinates local counsel on employment aspects in cross-border transactions, with a project-management approach ensuring consistency, efficiency and deliverables of the highest standards.
A selection of significant transactions I have had the opportunity to work on over the course of my career:
| Target company | Acquirer | Amount (€m) |
|---|---|---|
| APSIDE GROUPE | CGI INC, MANAGER(S) | 250-500 |
| CDS GROUPE | MANAGER(S), IDI, ANDERA ACTO | 50-150 |
| DOCTRINE (FORSETI) | SUMMIT PARTNERS, PEUGEOT INVEST | 50-150 |
| AESOP | L’ORÉAL | 2300 |
| ZEPLUG | INTERMEDIATE CAPITAL GROUP (ICG) | 240 |
| EURAFIBRE AVENIR TÉLÉMATIQUE | EUROFIBER | n.d. |
| DRIVY | GETAROUND | 260 |
| ACTIVITÉS MAJEURES DE NEXEYA | HENSOLDT | n.d. |
Source: Cfnews