François Leloup | White & Case LLP International Law Firm, Global Law Practice
Francois Leloup
Francois Leloup

François Leloup

Partner, Paris

T +33 1 55 04 15 17

T +33 1 55 04 15 15

E fleloup@whitecase.com

“A pragmatic and commercially minded practitioner” (Chambers Europe 2016) “A greatly experienced lawyer” “A commercial attitude and crispness of thought” (Legal 500 2016)

Overview

François Leloup is one of eight partners on the firm's global partnership committee (the main governance body of White & Case). François served as head of the firm's M&A practice for the EMEA region from 2008 to 2013.

François Leloup's practice is focused on domestic and cross-border mergers and acquisitions, leveraged buyouts, group restructurings and related corporate transactions.

Noted by respected industry publications as a leading practitioner in his field, he offers clients the benefit of over twenty-five years' legal experience. During this time, François has worked on major projects in an array of industries, handling intricately structured cross-border deals.

François' wide sector knowledge, combined with his significant international track record, enables him to help clients to structure and execute transactions regardless of their scale or multijurisdictional complexity.

His deep understanding of transactional matters is matched by his ability to provide pragmatic, goal-focused advice. When heading up teams of lawyers, he is also adept at coordinating counsel across multiple disciplines and offices to provide clients with clear, yet comprehensive legal strategies.

François' representative client portfolio in France includes major funds as The Carlyle Group and renowned corporate companies as Publicis.

François has also lectured on corporate law and mergers and acquisitions at the HEC in Paris, which is regularly ranked as one of the best business schools in Europe.

François is described as a "greatly experienced lawyer" with "a commercial attitude and crispness of thought" in Legal 500 2016. He is also recognized as "a pragmatic and commercially minded practitioner" in Chambers Europe 2016.

Bars and Courts

  • Paris Bar

Education

  • Master in Management, École des Hautes Études Commerciales (HEC Paris)
  • Diploma in Accounting and Finance, DESCF – CPA equivalent
  • Master in Political Sciences, University of Paris II Panthéon-Assas
  • Master in Business Law, University of Paris XI Jean Monnet

Languages

  • French
  • English

Experience

Sale of Retrotech (2016)

Represented Savoye on the sale of its US subsidiary to the German listed group KION. Retrotech is a leader in automating warehouse and distribution center order fulfillment and storage systems.

IPO of SPIE (2015)

Represented SPIE on its initial public offering on Euronext Paris. SPIE raised €700 million by way of issuance of new shares while the sale of existing shares by existing shareholders amounted to €333 million. The total amount of the offering is €1,033 million.

Sale of Lamberet (2015)

Represented Arcole Industries and its affiliate Caravelle on the sale of the French company Lamberet to the Chinese group AVIC. Lamberet is a French manufacturer of refrigerated semi-trailers and trucks.

Sale of Selectron (2015)

Represented an international pool of private and financial investors on the €114 million sale of Selectron Systems AG to Knorr-Bremse, the world’s leading manufacturer of braking systems for rail and commercial vehicles.

Acquisition of Groupe Exclusive Networks (2015)

Advising Cobepa, the Belgium-based private equity firm on the acquisition of the French company Exclusive Networks, Europe's leading independent value-added distributor (VAD) for the EMEA region, specialising in the marketing of solutions for businesses in the areas of cybersecurity, data centres and associated value-added services. It was awarded "Private Equity Deal of the Year in France" by Le Magazine des Affaires in 2015.

Publicis (2004-2015)

Advising Publicis the global leader in marketing, communication, and business transformation on various acquisitions over the past years, notably recently: in the Americas, on the acquisition of Nurun, a leading independent global design and technology consultancy, from Quebecor Media; in Asia, on the acquisition of Shanghai Genedigi Brand Management Co, Beijing Dreams Zhiyang Communication Co., and Shanghai King Communication Co.; and in Europe, on the acquisition of Interactive Solutions, a leading digital agency in Poland.

ORPEA's Private Placements (2013-2015)

Advising ORPEA, leading European player in Long‐Term Care (nursing homes), Post‐Acute Care and Psychiatric Care, on various private placement bonds with major French and German institutional investors (insurance companies and mutual groups) and on private placement in bonds on the Luxembourg stock market with major institutional investors.

Financière Meeschaert (2015)

Advising the French asset management group Financière Meeschaert on the creation of their first-ever maiden lower-mid-cap €85m LBO fund, Meeschaert Capital Partners.

Almanacc (2014)

Advising Almanacc, one of Alma Consulting Group's main shareholder, on the €400m financial restructuring of Alma Consulting Group, controlled by Arle (formerly Candover) and Almanacc.

Acquisition of Group Socotec (2013)

Advising Cobepa, an independent privately held investment company headquartered in Belgium, on its acquisition of Group Socotec from Qualium Investissement. Socotec provides risk management services to its clients. Cobepa has acquired a majority stake in Socotec alongside private equity fund Five Arrows Principal Investments and a group of Socotec employees and management members. Historically France's first building inspection body, Socotec is now established in 50 countries and have more than 5,000 employees.

Restructuring of Novasep (2012-2013)

Advising Novasep, a leading supplier of manufacturing solutions to the life sciences industry, in relation to its financial restructuring. Novasep employs approximately 1,200 people in France, Germany, Belgium, the Bahamas, the US, China and Japan, and was controlled by Gilde Buy Out Partners, Azulis, BNP Paribas and the management. This is a first of its kind restructuring transaction in France, made by converting a high yield bond debt (of circa 400 million euros) into capital shares so that the bondholders become the majority shareholders of a group. Its particular complexity is due to the number of parties involved, both on the debt and equity side, and the legal and tax constraints linked to the international nature of the group. It was awarded the "Financial Restructuring Deal of the Year in France" by Le Magazine des Affaires in 2013.

Awards & Recognition

François Leloup received the "Private Equity Deal of the Year in France" for the Cobepa/Exclusive Networks deal in 2015 and the "Financial restructuring Deal of the Year in France" for the Novasep restructuring deal in 2013 by Le Magazine des Affaires. He is listed in Best Lawyers 2016 since 2014, and ranked in Band 2 by Chambers Europe, Private Equity France, 2016. He is also recognized as a leading lawyer by IFLR 1000 2016 in the M&A, Private Equity, Restructuring and Insolvency areas. He is described by Legal 500 2016 as a "greatly experienced lawyer" in M&A, France, and he is recommended for his "commercial attitude and crispness of thought" in Private Equity, France. He is also described by Chambers Europe 2016 as "A pragmatic and commercially minded practitioner".