August Debouzy advised Caisse des Dépôts on the acquisition by Tikehau Capital of a 40% equity interest in Egis, the leading engineering company in France, specializing in the construction engineering and mobility services sectors.
Egis creates and operates smart infrastructure and buildings capable of responding to the climate emergency and the major challenges of our time, by enabling more balanced, sustainable and resilient regional development. The acquisition by Tikehau Capital of an equity interest in Egis constitutes a major step forward in the execution of its strategic plan, which is primarily focused on the international market and aims at positioning Egis as a global top 10 engineering company by doubling its turnover within five years.
Following the completion of this transaction, Tikehau Capital holds 40% of Egis' capital, notably through its T2 Energy Transition fund dedicated to energy transition. Caisse des Dépôts retains a 34% stake in the capital, alongside Egis’ executive partners and employees who hold 26% of Egis’ capital after increasing their stake by 2%.
Caisse des Dépôts has played a key role in the creation and development of Egis group and will continue supporting the group over the long term, alongside Tikehau Capital and its executive partners and employees, with an active role in the company's governance.
August Debouzy assisted Caisse des Dépôts with this transaction equivalent to a privatisation which has been authorised by the French Minister of the Economy, Finance and the Recovery. The transaction has also been authorised by the relevant European competition authorities including the French Competition Authority.
August Debouzy’s team consisted of Julien Wagmann (Partner), Ruben Grouchka (Counsel) and François Richard (Associate) for the corporate aspects; Vincent Brenot (Partner) and Emmanuel Weicheldinger (Senior associate) for the public and regulatory law aspects (privatisation and foreign investments); Renaud Christol (Partner) for the competition aspects; Anaïs Qureshi (Partner) for the labour law aspects and Philippe Lorentz (Partner) and Elie Bétard (Senior associate) for the tax aspects.