Kirkland & Ellis LLP

11/22/2024 | Press release | Distributed by Public on 11/22/2024 09:59

Kirkland Advises Hg on Significant Minority Investment by Téthys Invest and GIC in Septeo Group

Kirkland & Ellis is advising Hg, as it welcomes two new minority investors in September Group: Téthys Invest, the investment holding company of the Bettencourt-Meyers Family, and GIC, a leading global investor. These investors will join Hugues Galambrun, the founding CEO of Septeo, as well as the management team; Hg will also remain as Septeo's majority investor. The transaction values the group at over €3 billion.

The transaction is expected to close following customary regulatory approvals.

Read Hg's Press Release

The Kirkland team included corporate lawyers Vincent Ponsonnaille, Guillaume Nivault and Marion Callot and antitrust & competition lawyer Thomas Wilson.