Press releases
17.06.2019Fanny Chen, Olivier Borenstejn

Franklin advises banking syndicate on Cabestan Capital selling its remaining stake in EuropNet

Andera Partners’ small caps team Cabestan Capital has sold its ownership interest in EuropNet, a building cleaning and maintenance services provider operating in the Paris area, to the group’s management, giving it full ownership of its capital less than five years after its spin-off from the Samsic group. The acquisition of Cabestan Capital’s stake was financed by a senior loan underwritten by a banking syndicate formed in 2014 and composed of LCL, Caisse d’Epargne Ile-de-France and Banque Populaire Rives de Paris.

The banking syndicate was advised by Franklin’s Banking & Finance partner Olivier Borenstejn, assisted by associate Fanny Chen.

Andera Partners was advised by Lamartine Conseil’s Vincent Libaud and Perrine Sauzay