Alexandre Jaurett

Partner, Paris

Biography

Overview

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.

Bars and Courts
Paris Bar
Education
Post-graduate degree (DESS) in Employment and Benefits Law
University of Paris II Panthéon-Assas
Languages
French
English

Experience

Conforama (2019)
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.

SES-imagotag (2017)
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.

Eurazeo (2017)
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.

Nestlé (2015)
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.

Faurecia (2015)
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).

Cobepa (2015)
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.

Publications

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

Awards and Recognition

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.