Alexandre Jaurett heads the Paris Employment, Compensation & Benefits team. He specializes in all aspects of contentious and non-contentious employment and benefits matter.
With particular expertise in the cross-border restructurings and employment aspects of both mergers and acquisitions and LBO transactions, he represents a broad list of French and international clients.
Alexandre advises clients in relation to employment contracts, remuneration schemes, dismissals, secondment and expatriation of employees. He provides further counsel on key executives, discrimination law and all matters relating to the relationship between employers and works councils. On the litigation side, he represents his clients before civil, labor and criminal courts, with a particular focus on collective litigation.
Clients also benefit from his expertise in relation to the negotiation of collective agreements, the setting up of employee representative bodies, the closing down of worksites, collective redundancies, outsourcing, transfers of business and collective litigations.
Alexandre has expertise in the setting up of employee benefit plans (share schemes, profit sharing, and pensions) for international corporations, in particular French and US listed companies.
Alexandre notably advised the Coface Group on the employee share offering in 20 countries in the frame of its initial public offering on the regulated market of Euronext Paris. Natixis, Coface's shareholder, initiated the IPO and the offering amounted to approximately €832 million. Coface is a worldwide leader in credit insurance, with a direct presence in 67 countries and employing 4,400 people.
Other recent examples of Alexandre's work advising on employment aspects relating to initial public offering on the regulated market of Euronext Paris include SPIE and SMCP.
Alexandre is a member of Avo|sial (Association of French employment lawyers) and he lectures at University of Paris II Panthéon-Assas on the role and rights of works councils in French companies.
Geopost SA (2023)
Representation of Geopost SA, Europe's largest parcel delivery network and a subsidiary of La Poste Group, on the sale of its delivery platform Stuart (SRT Group) to the international investment fund Mutares.
Morgan Stanley Infrastructure Partners (2023)
Representation of Morgan Stanley Infrastructure Partners, a private infrastructure investment platform within Morgan Stanley Investment Management (MSIM), on an exclusivity agreement to partner with Altice France to establish the first nationwide independent colocation provider in France through the acquisition of a 70 percent majority stake in UltraEdge, a newly established data center company.
EP Global Commerce (2023)
Representation of EP Equity Investment III s.à r.l, a company controlled by businessman Daniel Kretinsky, on the signing of a lock-up agreement relating to Casino Group's financial restructuring, alongside Fimalac and Attestor, with Casino Group and some of its main creditors.
ORPEA Group (2023)
Representation of the ORPEA Group on its accelerated safeguard plan, which was approved by the Nanterre Specialized Commercial Court on July 24, 2023.
EREN Group and Total Eren (2023)
Representation of leading natural resources player EREN Group and its subsidiary Total Eren, a renewable energy production leader, on the acquisition of Total Eren by TotalEnergies.
Regnology Group GmbH (Regnology) (2023)
Representation of Regnology Group GmbH (Regnology), a portfolio company of Nordic Capital, on the acquisition of Invoke from private equity investors ISAI Expansion and Sagard NewGen as well as Invoke's CEO Raphael de Talhouet.
Representation of Luko, a leading online insurer, on its sale to Admiral Group, a FTSE100-listed international financial services company, to create a leader in the online insurance market.
Teleperformance SE (2023)
Representation of Teleperformance SE on its voluntary cash and share offer to acquire 100 percent of the shares of Majorel for a total consideration of €3 billion.
Icade Santé (2023)
Representation of healthcare property investor Icade Santé and its minority shareholders Predica, Sogecap and BNP Paribas Cardif on the sale of Icade's stake in Icade Santé to European real estate asset management platform Primonial REIM.
Representation of Faurecia, part of the FORVIA Group and one of the world's largest automotive equipment suppliers, on the sale of its SAS Cockpit Modules division, a global provider of assembly and logistics services for the automotive industry, to automotive supplier MOTHERSON Group
Air Austral (2022)
Representation of Réunionese airline Air Austral on its restructuring, the main terms of which were agreed in a conciliation protocol signed in December 2022 by Air Austral, the French state, its controlling shareholder, various public creditors, banking partners and new investors.
Cosfibel Group (2022)
Representation of the shareholders of Cosfibel Group, a leading designer and manufacturer of luxury packaging, promotional products and merchandising solutions, on its sale to packaging company GPA Global.
Representation of SPIE on the sale of SPIE UK to Imtech, a technical services group jointly owned by Dalkia and EDF Energy.
Representation of Verallia on the acquisition of Allied Glass from Sun European Partners LLP.
Duke Street (2022)
Representation of Duke Street, a leading European midmarket private equity group, on the employment aspects of the sale of its portfolio company Medi-Globe Technologies GmbH to DCC Healthcare.
Blantyre Capital Limited (2022)
Representation of Blantyre Capital Limited, a special situations investment firm, on the employment aspects of the carve-out of OCV Chambéry France's reinforced glass production activity from Owens Corning, a New York Stock Exchange-listed company that develops, manufactures and markets insulation, roofing and fiberglass composites.
Representation of Morgan Stanley Infrastructure Partners (MSIP), a global leader in private infrastructure equity investing, on the employment aspects of the largest infrastructure private equity and the largest private equity deal in Germany in 2022.
Revaia and Digital + (2022)
Representation on the employment aspects of the growth equity investment funds Revaia and Digital+, lead investors in the US$140 million Series D fundraising by Platform.sh, a unified, secure, enterprise-grade platform for building, running and scaling web applications.
Pegasus Entrepreneurs (2022)
Representation of Pegasus Entrepreneurs and its sponsors Tikehau Capital, Financière Agache, CEO Pierre Cuilleret, Jean-Pierre Mustier and Diego De Giorgi on the employment aspects of the de-SPACing with FL Entertainment, a global entertainment group comprising Banijay Group and Betclic Everest Group, that will result in the listing of FL Entertainment on Euronext Amsterdam.
ADVANZ PHARMA (2022)
Representation of ADVANZ PHARMA on the employment aspects of the acquisition of the ex-US business of Intercept Pharmaceuticals.
Representation of EPSA, a French consulting firm, and its main shareholders on the employment aspects of a joint minority investment from TowerBrook Capital Partners L.P., RAISE Investissement and CAPZA Expansion.
Representation of France's leading insurtech company Luko on the employment aspects of the acquisition of Coya, a German insurtech company.
Representation of Faurecia, one of the world's largest automotive equipment suppliers, on:
- the launch of a tender offer for HELLA and the acquisition of 60% of HELLA's shares currently held by the family shareholder pool;
- the sale of its Acoustics and Soft Trim (AST) division to the Adler Pelzer Group (APG), a worldwide leader in automotive acoustic and thermal components and systems.
Ebro Foods (2021)
Representation of leading Spanish agri-food group Ebro Foods S.A. on its entry into exclusive negotiations with CVC Capital Partners VIII for the proposed disposal of the Panzani® dry pasta, couscous, sauces and semolina business.
RTL Group (2021)
Representation of RTL Group in connection with the proposed combination between Groupe TF1 and Groupe M6.
Apave Group (2021)
Representation of the Apave Group and its shareholder GAPAVE on the investment by PAI Partners, a European private equity firm, in the capital of the Apave Group.
Altitude Group (2021)
Representation of Altitude Group, France's leading independent fibre operator, on the acquisition from Covage, a wholesale fibre operator in France, of 26 public and private fibre networks.
Smiths Group (2021)
Representation of Smiths Group plc on the sale of Smiths Medical to Trulli Bidco Limited, a wholly owned subsidiary of funds advised by TA Associates LLP, for US$2.3 billion plus an additional US$200 million contingent on the future performance of Smiths Medical.
Representation of Korian, the leading European care services group for elderly and fragile people, in connection with the sale of its 50% equity interest in a long-term care facility located in Ville-La-Grand, France, to existing shareholder DomusVi.
Advised Allianz in connection with the acquisition of an insurance consulting activity from Expleo Group. Germany, Austria and France are involved.
Advised secured lenders of the listed company Antalis SA in connection with the execution of an agreement on the disposal by Sequana (listed holding company) and Bpifrance Participations of their majority stakes in the Antalis Group to the Tokyo based Kokusai Pulp & Paper.
Goldman Sachs (2020)
Advised Goldman Sachs on its EUR 45M primary investment in BackMarket, a French e-commerce plateform company launched in 2014 and specialized in the sale of refurbished electronic goods, along with Eurazeo and Aglae Venturesas part of a Series C round financing of an aggregate amount of EUR 100M.
Advised DRT ("Les Dérivés Résiniques et Terpéniques"), a world leader in plant-based chemistry, mainly from pine trees, and one of the leading suppliers globally of high quality, renewable ingredients and its majority shareholer Ardian, in connection with Firmenich's exclusive agreement to acquire DRT from Ardian, Tikehau Capital and family shareholders.
Advised Verallia, world's third-largest manufacturer of glass containers for food and beverages and an Apollo portfolio company, on its €978 million initial public offering (IPO) on Euronext Paris. It is the largest IPO on Euronext Paris since 2017.
Nestlé S.A. (2020)
Advised Nestlé S.A. in connection with the sale of 60% stake of Herta to Casa Tarradellas. Nestlé and Casa Tarradellas will create a joint venture for Herta with their respective stakes of 40% and 60%. The joint venture includes Herta charcuterie (cold cuts and meat-based products) available in six European countries, as well as the Herta dough business in France and Belgium.
Altitude Infrastructure Holding (2019)
Advised Altitude in connection with the entrance of a financial investor into its share capital.
Davidson Kempner and Triton (2019)
Advised Davidson Kempner and Triton, shareholders of Via Location, in connection with the acquisition of Via Location by Fraikin.
Advised Cdiscount, subsidiairy of Casino Group, in connection with the creation of IMN platform.
Advised Clariant AG, one of the world's leading speciality chemical companies, in connection with the sale of its subsidiary Healthcare Packaging International AG to Polaris Buyer LLC, a newly-formed affiliate of Arsenal Capital Partners, which is a leading New York based private equity firm.
Advised Steinhoff Group's main creditors on the employment aspects of the financial restructuring of its subsidiary Conforama, through a €316 million two-tranche bond issue.
Engie, Tempocap funds, Clipperton Finance and Bpifrance (2019)
Advised Ineo (Engie Group), Tempocap funds, Madere Participations I (Clipperton Finance), Bpifrance and the managers on the employment aspects of the sale of Ercom group to Thales.
BC Partners and Louvre Bidco (2018)
Assistance to BC Partners and Louvre Bidco in the context of the combination of the MCS group and the DSO group, both acting in credit management services in France focused on both complementary lines of business: debt purchasing and debt servicing.
Representation of SES-imagotag, a specialist in digital solutions for retail commerce and global leader in smart digital labels, on the labour aspects of a proposed partnership and transfer of a majority stake to BOE Technology Group for approximately €410 million.
Representation of Eurazeo, one of the largest European listed investment companies, on the employment aspects of the acquisition from Mondelez International of certain assets in the confectionery products business, including a portfolio of local heritage confectionary brands (Poulain, Carambar, Krema, La Pie Qui Chante and Terry's - 5 plants located in France), and in the creation of a new independent group, CPK Group.
Ingenico Group (2017)
Representation of Ingenico Group, the global leader in seamless payments, on the employment aspects of its €1.5 billion acquisition of Bambora, a fast-growing global player in the payments industry, from private equity firm Nordic Capital.
BC Partners (2017)
Representation of BC Partners on the employment aspects of the acquisition of 100% of the securities issued by Promontoria MCS Holding, the holding company of the MCS group, from certain affiliates of Cerberus Capital Management, L.P. and certain managers of the MCS group.
Representation of Nestlé SA, the world's leading nutrition, health and wellness company headquartered in Switzerland, on the French law employment aspects of the sale of its pet care accessories and rawhides business in France, Italy, Spain to Bob Martin, the UK's leading brand name for pet healthcare.
Representation of Faurecia, one of the world's largest automotive equipment suppliers, on the French law employment aspects of the proposed sale of its Automotive Exteriors business to Plastic Omnium, for a transaction worth €665 million (based on enterprise value).
Representation of Cobepa, the Belgium-based private equity firm on the French law employment aspects of 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.
BNP Paribas (2015)
Representation of Arval, a fully owned subsidiary of BNP Paribas specializing in full service vehicle leasing, in connection with the French law employment aspects of the acquisition of GE Capital's European fleet management activity. The scope of this acquisition covers more than 160 000 vehicles in 12 European countries, the vehicles assets amount to €2.4bn.
BC Partners (2014)
Representation of BC Partners, in connection with the employment aspects of its sale of Spotless Group to Henkel AG. The Paris-based deal was supported by the Firm's lawyers in New York and London.
Katara Hospitality (2014)
Representations of Katara Hospitality, the Qatar-based global owner, developer and operator of hotels, on the employment aspects of the acquisition of the InterContinental Carlton in Cannes.
ABB Group (2014)
Representation of ABB Group, the leading power and automation technology group, on the employment aspects of the divestment of its ABB Full Service business to Nordic Capital Fund VIII. ABB Full Service is the leader in industrial maintenance outsourcing services in Europe.
Coface's IPO (2014)
Representation of Coface Group on the employee share offering in 20 countries in the frame of its initial public offering on the regulated market of Euronext Paris. The IPO was initiated by Natixis, Coface's shareholder, and the offering amounted to approximately €832 million. Coface is a worldwide leader in credit insurance, with a direct presence in 67 countries and employing 4,400 people.
Financière Quick (2014)
Representation of Financière Quick S.A.S., a leading European fast food restaurant chain active in France, Belgium and Luxembourg, in its successful debut high yield offering of €440 million senior secured floating rate notes due 2019 and €155 million unsecured floating rate notes due 2019. The transaction's structure represented a first in the French market and the proceeds from the notes were used to repay existing debts to third parties, the shareholders of Financière Quick S.A.S and its consolidated subsidiaries.
Mr Bricolage (2014)
Representation of the third largest DIY retailer in France, Mr Bricolage SA, on labor and employment aspects with relation to its potential acquisition by Kingfisher plc, the British parent company of fellow French DIY retailers Castorama and Brico Dépôt, as well as B&Q in the UK.
Nacco Group (2014)
Representation of Nacco Group, one of the largest independent full service railcar lessors in Europe, on its reorganization, with a particular focus on social issues. Nacco Group has been sold to CIT Group, a global leader in transportation finance, an acquisition that represents CIT's first investment in a European rail franchise.
BC Partners (2013)
Representation of BC Partners, in connection with its acquisition of Allflex, a leader in animal identification, from Electra Partners. The Paris-based deal was supported by the Firm's lawyers in New York and London.
Representation of Cobepa, a Belgian investment company, on its acquisition of Group Socotec from Qualium Investissement. It was the first large-scale Leveraged Buy Out (LBO) in France of 2013 and the second LBO of the group Socotec. Cobepa, a global provider of risk management and performance enhancement in the fields of quality, security, health and environment, has a workforce of 5,000 people.
Co-author "M&A: Beware of mistakes between signing and closing", Option Finance, 2018
Co-author "France: Macron's Reforms to the French Labor Code", published by Lexology, October 2017
Co-author "The Macron Ordonnances: simplifying and securing dismissal procedures", Le Club des Juristes magazine, 2017
Co-author "LBO : Tax structuring and employees profit sharing", Private Equity Magazine, issue n°16, April 2006
Co-author "Equity Incentives" in "The French LBO Manual", published by Private Equity International, December 2005
Legal Week, Merger Market on "Top 20 Associates, UK & Europe: 2005-08 YTD" June 12, 2008
Ranked 5th for European M&A by volume and 8th for UK M&A by volume as advising on employment aspects.