LFPI Invests in Haudecoeur Group with Support from White & Case
Deal News | Dec 10, 2024 | White & Case
Global law firm White & Case LLP has played a pivotal advisory role for LFPI Group, a prominent independent alternative asset manager, in its minority investment in the Haudecoeur Group. The transaction involves LFPI joining forces with Apheon, a continuation fund, the Haudecoeur family, and the existing management team, all of whom are reinvesting. The Haudecoeur Group is a leading player in the French ethnic food market, focusing on procurement, production, and distribution. The investment is pending regulatory approvals and will reinforce LFPI's strategic positioning in the food industry. The advisory team from White & Case was led by Paris-based partner Xavier Petet, supported by partners Samir Berlat, Estelle Philippi, and Jeremie Marthan, alongside counsel and associates.
Sectors
- Legal Services
- Private Equity
- Food & Beverage
Geography
- France – Haudecoeur Group is a French company specializing in ethnic food, and the legal advisory team from White & Case is also based in Paris.
- Global – LFPI Group operates across Europe, the United States, and Asia, indicating a broader geographical involvement.
Industry
- Legal Services – The article highlights the role of the law firm White & Case in advising on the investment transaction.
- Private Equity – LFPI Group, a key player in the private equity sector, is making a strategic investment in Haudecoeur.
- Food & Beverage – Haudecoeur Group operates in the procurement, production, and distribution of ethnic food in France.
Financials
- Not Disclosed – The financial specifics of the investment in Haudecoeur are not disclosed in the article.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| LFPI Group | Key Minority Investor | Company | LFPI Group is a leading independent multi-strategy alternative asset manager. |
| Haudecoeur Group | Target Company | Company | A French leader in the procurement, production, and distribution of ethnic food. |
| Apheon | Investor | Company | A continuation fund participating alongside LFPI in the investment. |
| Haudecoeur Family | Investor | People | The original owners and part of the reinvesting group. |
| White & Case LLP | Legal Advisor | Company | A global law firm advising LFPI Group on the investment transaction. |