The law firm SCOTTO & ASSOCIÉS is advising the SPIE Group’s management team in connection with its LBO

PAI Partners, the investment fund and majority shareholder of the SPIE Group, has granted exclusive negotiating rights for the sale of the SPIE Group to a consortium formed by the funds Clayton Dubilier & Rice (CD&R) and AXA Private Equity, in partnership with the Caisse des dépôts du Québec, as part of its acquisition offer valuing the group at approximately 2.1 billion euros.

With nearly 400 offices in 31 countries and 28,600 employees, the SPIE Group generated revenue of 3.75 billion euros in 2010.

The French management team, represented by its Chairman and CEO, Gauthier Louette, is being assisted in this transaction by the law firm Scotto & Associés, with a team comprising Lionel Scotto le Massese and Nicolas Menard-Durand for legal matters, as well as our tax and employment law teams.

Yet another transaction to the credit of the private equity team at Scotto & Associés, a leader in advising management teams on the largest LBO transactions over the past decade (most recently Converteam, Picard, and Alcan EP).