Saam Golshani is a partner in the EMEA Private Equity team of our Global Mergers & Acquisitions practice. He has more than 20 years’ experience representing clients in all manner of M&A, private equity and restructuring transactions, in all industries, notably in the Tech sector.
Ranked as a leading lawyer in his field by top legal directories Legal 500, Chambers and Who’s Who Legal among others, Saam’s reputation is based on a record of accomplishment, advising creditors, debtors, investors and potential buyers on complex matters, corporate reorganizations and insolvency proceedings.
Saam has advised on some of the most significant bankruptcies, M&A and industrial restructurings on the French market, including recently on the restructurings of Conforama, CGG*, Vivarte* and Consolis*. Distinguished as a key expert in the technology sector by Chambers Europe, Saam notably recently advised on the acquisition of Luxembourg-based data and advertisement platform Teads by Altice* and on the investment by Goldman Sachs in French visual gaming leader Voodoo*.
Fluent in French, English and Farsi, Saam is at ease navigating both domestic and cross-border mergers and acquisitions, as well as private equity and venture capital matters, on behalf of multinational clients, including investment funds, investment banks, entrepreneurs, industrials, listed and non-listed companies, and distressed companies.
Saam is a frequent speaker, author and commentator on private equity and restructuring issues. He is a member of the Iranian/French lawyers association.
Saam joined the Firm in December 2018 from an international law firm in Paris, where he was Partner in charge of the French M&A-Private Equity Group and co-Head of the European Restructuring Group.
Davidson Kempner & Triton Partners (2019)
Advising Davidson Kempner and Triton Partners, shareholders of Via Location, in connection with the acquisition of Via Location by Fraikin.
Oaktree Capital Management (2019)
Advising Oaktree Capital Management in connection with the sale of Kley, a French student housing platform, to Axa IM-Real Assets.
Advising Cobepa, main shareholder of Socotec Group, in connection with the sale by Five Arrows and BIP of circa 33% of the Socotec Group, a group of companies under LBO with an enterprise value of circa 1.8 Bn €, to Clayton Dubilier & Rice.
Advising Steinhoff Group's main creditors on the financial restructuring of its subsidiary Conforama, the leading European player in furniture retail in-store and online, through a €316 million two-tranche bond issue.
Advising FCDE, a French investment fund, in connection with the sale of its equity interest in group De Fursac, a leading French company specialized in accessible luxury men suits, to SMCP (Sandro, Maje, Claudie Pierlot).
Pernod Ricard (2019)
Advising Pernod Ricard SA, the world's second-largest distiller, in its acquisition of a majority interest in Rabbit Hole Spirits, LLC, a U.S. premium bourbon brand based in Louisville, Kentucky.
Frans Bonhomme (2019)
Advising Frans Bonhomme, supported by its main shareholder Centerbridge Partners, in connection with its exclusive negotiations with Groupe Saint Gobain, in respect with the acquisition of DMTP, a Saint-Gobain Distribution Bâtiment France's subsidiary.
Ho Hio Hen Investissement Outre Mer (2019)
Advising Ho Hio Hen Investissement Outre Mer, a major player of the large-scale distribution in the Caribbean in connection with:
- the sale, along with the Groupe Duval, of an hypermarket (real estate asset and business as going concern) to the group Parfait another major playor of large scale distribution and automotive sector in the Caribbean;
- the negotiation of a conciliation agreement with all of its financial creditors under the aegis of the CIRI and of an asset sale plan for the sale of the last hypermarkets and supermarkets of the unprofitable hypermarket division as well as a minority or majority stake of the share capital of the hard discount division of the group.
Advising LFPI, an independent French investment fund, on the sale of Club Med Gym comprising 21 fitness clubs in Paris and Paris area to Ken Group, holding the luxury fitness club Ken Club, Clay and Blanche in Paris.
Next Stage AM et Mi3 (2019)
Advising NextStage AM and Mi3 in their equity and debt investment in the Bagatelle Group.
Advising the lenders in connection with the making available of a very sensitive €500 million revolving facility to refinance the existing indebtedness of Rallye, holding company of Casino Guichard-Perrachon, one of the largest French retail chains, and its subsidiaries. This matter has been widely covered by the press during the end of the year 2018.
Goldman Sachs (2018)*
Advising Goldman Sachs’ West Street Capital Partners VII fund on its $200 million investment in Voodoo. Founded in 2013, Voodoo develops, publishes and distributes mobile video games. This is the most important primary LBO achieved in France on an independent company.
Advising DNCA, one of the largest shareholders and bondholders of French-listed company CGG, on the $2.7 billion restructuring of CGG.
Moret Industries (2018)*
Advising the four bondholders Banque Palatine, Zencap Asset Management, Federal Assurance and Patronale Life SA in the restructuring of the €60 million financial debt of the group headed by Moret Industries Group, a major world player in primary and secondary processing in the agro-industry for negotiating a conciliation agreement with the other financial creditors of the group
Advising the lenders in the protection of their rights with respect to the insolvency of Antalis main shareholder Sequana and the potential exercise of the double luxco structure.
Advising funders and historical investors of the video ad tech start-up Teads in its acquisition by Dutch telecom giant Altice. Teads is the leading global online video advertising program with an audience of more than 1.2 billion unique visitors, including 720 million via mobile.
Advising Blue Mountain, the second largest lender of Vivarte, on the second restructuring of Vivarte. Pursuant to this second restructuring, Vivarte, its shareholders and its 170 lenders have equitised the whole €800 million reinstated debt and reorganized reorganised the group’s shareholding and governance.
Blue Mountain (2017)*
Advising Blue Mountain, the second largest lender of Vivarte, on the second restructuring of Vivarte.
Consolis Group (2017)*
Advising the senior lenders and led on the forced sale process of the Consolis Group, held by LBO France, to Bain Capital.
Advising Warwick Capital Partners and Davidson Kempner, lenders and shareholders of Asco Industries (the main operational company of the Ascometal group), on the bankruptcy purchase of Asco Industries by Schmolz + Bickenbach, a Swiss-German supplier of specialty steels and related services after a period of distress and a €275 million debt restructuring.
*Transactions worked on prior to joining White & Case
Recognized in Who's Who Legal France 2018, category Restructuring & Insolvency
Recognized in Chambers Europe 2018, category Restructuring & Insolvency (Band 1)
Recognized in Legal 500 EMEA 2018, categories Insolvency and Mergers & Acquisitions
Recognized as "lawyer of the year", Option Droit & Affaires, March 2017