Hugues Racovski is counsel in the EMEA private equity team of our Global Mergers & Acquisitions practice at White & Case.
Hugues' practice covers a wide range of both domestic and international private equity, restructuring (listed-companies), corporate and M&A transactions. Hugues advises industrial and services listed and non-listed companies, family offices, entrepreneurs, as well as private equity funds, with a focus on complex cross-border transactions. He has a strong expertise in venture capital related matters, advising venture capital funds, large tech companies and start-ups.
Hugues has recently worked on a number of transactions including private equity, restructuring, venture capital and capital markets transactions (e.g., the restructuring of Vallourec, the several fundraisings of BackMarket (acting for Goldman Sachs), the restructuring of Solocal Group, the acquisition by Otium Capital of Birchbox France, the several fundraisings rounds of Deezer*, the capital increase of Showroomprivé*). He has also worked on several M&A transactions and IPOs.
Hugues also assists French and foreign issuers as well as investors with respect to their obligations under the French securities laws and regulations in connection with takeovers, initial public offerings, acquisition of stakes, issuing of equity securities, activism and mandatory disclosures.
Prior to joining White & Case in October 2019, he was an associate in the M&A-general practice department of a high profile US law firm in Paris and New York.
* Transactions prior to joining White & Case
Master 2, Business and Tax Law, Université Paris 1 – Panthéon-Sorbonne / HEC Paris
Master 2, Financial Law, Université Paris 1 – Panthéon-Sorbonne
Amber Capital (2021)
Representation of Amber Capital on the decision to sell all of its shares in Lagardère, representing 17.93% of the share capital and 14.34% of the theoretical voting rights, to Vivendi.
Goldman Sachs Growth (2021)
Representation of Goldman Sachs Growth in connection with its US$335 million Series D fundraising investment in BackMarket, alongside General Atlantic, Eurazeo Growth, Daphni, Financière Agache and Aglaé Ventures.
Goldman Sachs (2020)
Representation of Goldman Sachs on its EUR 45M primary investment in Back Market, a French e-commerce plateform company launched in 2014 and specialized in the sale of refurbished electronic goods, along with Eurazeo and Aglae Ventures (EUR 35M and EUR 20M, respectively, both primary investment and secondary acquisitions) as part of a Series C round financing of an aggregate amount of EUR 110M.H
Otium Capital (2019)
Representation of Otium Capital in connection with the acquisition of Birchbox France.