NEWS
Paul Hastings Advises Qualium Investissement in connection with its OBO for Mériguet
July 25, 2013
Paris, France – Paul Hastings, a leading global law firm, announced today that the firm advised Qualium Investissement in connection with its OBO (Owners Buy-Out) of Mériguet Group, a transaction undertaken by Qualium, a private equity fund, with the principal manager of Meriguet, Antoine Courtois, his management team, and IDI.
Mériguet specializes in decorative painting and skilled crafts (stone work and masonry, lock smithing, decorative iron mongering, wood working, ornamentation, etc.). It has handled prestigious renovation projects over the last few years both in France and abroad. Examples include the stone work for the Pont Neuf bridge renovation project, work at the Château de Versailles, the Opéra Garnier, the Metropolitan Museum of Art in New York, the White House, and the Shangri-La Hotel in Paris. Today it has more than 370 employees and had revenue of approximately €70 million in 2012, a third of which came from outside France.
Paul Hastings advised Qualium for legal and employment law due diligence as well as on the legal aspects of the transaction.
Private Equity partner Olivier Deren and associate Arnaud Levasseur led the Paul Hastings team.
Paul Hastings LLP is a leading global law firm with offices in Asia, Europe, and the United States. We provide innovative legal solutions to financial institutions and Fortune 500 companies. Please visit www.paulhastings.com for more information.
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Becca Hatton