Jeantet advises Global Bioenergies in the context of its share capital increase with preferential subscription rights on Euronext Growth Paris
Paris, March 31, 2023 – Jeantet advised GLOBAL BIOENERGIES, an innovative company working on converting plant-derived resources into isododecane and other compounds used in the cosmetics industry, in the context of its share capital increase with preferential subscription rights of the shareholders on Euronext Growth Paris market for a total amount of €5.6 million.
Under the terms of this transaction, a total of 2,707,452 new shares were subscribed at an issuance price of €2.07 per share.
In accordance with their subscription commitments, Marc Delcourt, Chief Executive Officer and co-founder of GLOBAL BIOENERGIES, and the L’Oréal Group, through its BOLD (Business Opportunities for L’Oréal Development) private equity fund, participated in the transaction on an irreducible basis in the amount of €160 thousand and €980 thousand respectively. During the subscription period, the Cristal Union Group also subscribed in proportion to its share of GLOBAL BIOENERGIES’ share capital (1.3%), in the amount of €100 thousand.
This share capital increase, whose subscription period opened from March 10 to March 24, 2023, will provide GLOBAL BIOENERGIES with the means to finance:
- working capital requirements for the Horizon 2 production line (approximately 50% of the offering proceeds);
- further preliminary design studies for the Horizon 3 plant, known as ViaViridia (approximately 40% of the offering proceeds);
- additional R&D to further reduce process costs with a view to exploitation at Horizon 4 for the production of sustainable aviation and road fuels (approximately 10% of the offering proceeds).
The settlement-delivery of the new shares issued in the framework of this share capital increase and their listing on Euronext Growth Paris will take place on March 31, 2023.
TP ICAP Midcap acted as Global Coordinator.
Jeantet takes on the criminal business world with the arrival of Philippe Bouchez El Ghozi
Paris, Thursday September 14, 2023, Jeantet is delighted to announce the arrival of Philippe Bouchez El Ghozi and his team as partners to strengthen the commercial litigation practice, and in particular the criminal business law, compliance and internal investigations practice. With this arrival, Jeantet now has 35 partners and intends to continue its growth. This […]
Jeantet advises investment funds Orbimed and Jeito Capital in connection with a EUR 65 million financing of Corteria Pharmaceuticals
Paris, September 8, 2023 – Jeantet has advised investment funds OrbiMed and Jeito Capital in connection with the series A financing of French biopharmaceutical company Corteria Pharmceuticals. Corteria Pharmaceuticals, a biopharmaceutical company specializing in the development of transformative therapies for heart failure subpopulations, announced on September 7, 2023 a EUR 65 million series A financing, […]
Paris | CORPORATE – M&A – PRIVATE EQUITY
Jeantet assists the banking pool in connection with the financing of the Tenergie project
Paris, July 28, 2023 – Jeantet has advised the banking pool (CIC, BPCE Energéco and BPI France) in connection with the project financing transaction for Tenergie, a French developer and producer of renewable energies. The €78 million global financing transaction covers the funding of a varied portfolio of photovoltaic power plants: roofs on existing buildings, […]
Paris | BANK-FINANCE-REGULATORY
Jeantet advises Susi Partners in the acquisition of a majority stake in french renewable energy developer Apal MW
Paris, on July 18, 2023, Jeantet advises SUSI Partners in the acquisition, through the SUSI Energy Transition Fund, of a majority stake in newly formed APAL MW (APAL), a French clean energy development company born out of the merger of French wind and solar developers 3N Développement and L’Agence de Développement des ENR (ADE). By […]
Paris | CORPORATE – M&A – PRIVATE EQUITY
Jeantet advises LBO France in connection with Siparex’s acquisition of a majority stake and Andera Partner’s reinvestment in the Passman Group
Paris, July 18, 2023 – Jeantet has assisted the shareholders of the Passman Group in the acquisition of a majority stake in its capital by Siparex. Andera Partners reinvests alongside founding managers. Passman is one of the leaders in connected solutions in France and Belgium, equipping nearly 7,000 establishments in the traditional and open-air hotel, […]
Paris | CORPORATE – M&A – PRIVATE EQUITY
Jeantet advises La Française Real Estate Managers in connection with the acquisition of a commercial real estate complex in Montmarte
Paris, July 18, 2023 – Jeantet has assisted La Française Real Estate Managers (REM) in connection with the acquisition of a commercial real estate complex located at the foot of the Sacré Coeur in Paris. La Française Real Estate Managers has acquired “Le Pavillon”, an 863m2 commercial real estate complex built in the 1900s for […]
Paris | REAL ESTATE
Jeantet advises Apollo in the context of the signing of a definitive agreement to provide EUR 500 million quasi-equity financing to Air France-KLM’s engineering and maintenance (MRO) activities
Paris, July 17, 2023 – Jeantet has advised Apollo Global Management in the context of the signing of a definitive agreement for a EUR 500 million quasi-equity financing into an operating affiliate entity of Air France owning a pool of components dedicated to Air France’s engineering and maintenance (MRO) activities. Apollo Global Management and Air […]
Paris | CORPORATE – M&A – PRIVATE EQUITY | BANK-FINANCE-REGULATORY | RESTRUCTURING – LAW OF COMPANIES IN DIFFICULTY | TAX
Jeantet advises the banking pool on the financing of the Falcon Project
Paris, June 30, 2023 – Jeantet has assisted the banking pool, made up of the Crédit Agricole group under the aegis of Unifergie, a subsidiary of Crédit Agricole Leasing & Factoring, the Caisse Régionale Sud Rhône Alpes and six other regional branches, in financing the Falcon project developed by Q Energy. The deal, valued at […]
Paris | BANK-FINANCE-REGULATORY | FINANCING | CORPORATE – M&A – PRIVATE EQUITY | ENERGY
Jeantet advises Intrasense in the context of the voluntary tender offer for its shares launched by its reference shareholder Guerbet
Paris, June 16, 2023, Jeantet advised Intrasense, a company specializing in medical imaging software solutions listed on Euronext Growth Paris, in the context of the voluntary tender offer (the “Offer”) for its shares, launched by its reference shareholder Guerbet, following the share capital increase reserved to Guerbet for a total amount of €8.8 million, dated […]
Paris | LISTED COMPANIES AND CAPITAL MARKETS LAW | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises Keyrus and K Eagle Investment in the context of the proposed simplified tender offer for Keyrus shares to be launched by K Eagle Investment
Paris, 9 June 2023 – Jeantet advises Keyrus, an international player in providing IT and electronic consultancy services, whose shares are listed on Euronext Growth Paris, and K Eagle Investment, a company created for the purposes of the transaction and controlled by Eric Cohen (Chairman and Chief Executive Officer and majority shareholder of Keyrus), in […]
Paris | CAPITAL MARKETS AND STOCK EXCHANGE LAW
Jeantet advises a banking pool in connection with the financing of the purchase of the Labbe Industrial Group by the Ciclad fund
Paris, June 7, 2023, Jeantet has assisted BRED Banque Populaire, Caisse Régionale de Crédit Agricole Mutuel Brie Picardie and Caisse d0Epargne et de Prévoyance Ile-de-France in (i) financing the purchase of shares in the three companies comprising the LABBE group, a family-owned group specializing in the design and manufacture of industrial equipment; and (ii) the […]
Paris | BANK-FINANCE-REGULATORY
Jeantet advises Turenne in connection with an owner by out (OBO) in the capital of Vitalis
Paris, May 17, 2023, Jeantet has advised Turenne, an independent private equity firm, on an owner by out (OBO) in the capital of Vitalis, the family-owned group based in the north of France and the number one independent packer and trader of potatoes and fresh seasonings. The family-owned Vitalis Group, with revenues estimated at €150 […]
Paris | CORPORATE – M&A – PRIVATE EQUITY | EMPLOYMENT