Taking full advantage of its strength in numbers, the comprehensive tax practice at Baker McKenzie advises on the full scope of tax-related matters, including corporate tax, transfer pricing, tax audits, litigation, VAT, employee benefits, wealth management and real estate tax. Spearheading the corporate tax team is Veronique Millischer and Guillaume Le Camus , who regularly advise on matters related to international tax, reorganisation, M&A and private equity transactions. Caroline Silberztein leads the transfer pricing division, and tax audits and litigation matters are handled by Eric Meier, Ariane Calloud, Régis Torlet and Mathieu Valeteau. The VAT team is led by Thierry Vialaneix who handles all matters related to VAT and indirect tax issues impacting domestic and multinational companies. Agnès Charpenet is the key contact for employee benefit and wealth management matters, advising on the taxation of individuals and families in France on domestic and cross-border work. Virginie Louvigné leads on real estate tax matters and is heavily involved in large-scale real estate acquisition transactions.
Tax in France
Baker McKenzie
Practice head(s):
Véronique Millischer
Other key lawyers:
Guillaume Le Camus; Eric Meier; Caroline Silberztein; Ariane Calloud; Régis Torlet; Thierry Vialaneix; Agnès Charpenet; Virginie Louvigné; Mathieu Valeteau
Testimonials
‘The team is extraordinary both technically and in terms of customer relations. The customer is truly put at the center and the advice is informed and strategic. For me, it is the best team on the market.’
‘Eric Meyer is one of the smartest lawyers I have ever had the pleasure of working with. He has a real ability to listen and take a step back in order to provide practical, strategic and creative advice. He is also very responsive and makes himself available as much as necessary. He also has this incredible talent for explaining complex issues simply while retaining the nuances. I feel completely confident when I work with him.’
‘Régis Torlet is a tax law genius. He is very good technically and is very creative.’
Key clients
Accenture
Accor
Air France KLM
Auchan
Bristol Myers Squibb
Carrefour
Casino
Club Med
Consortium Airbus/Safran/Ace Capital
Conversant
Criteo
CryptoBlockchain Industries
ECP Partners
Embraer Aviation
Etoile Properties / South Korean Investors
FEDEX
Pierre et Vacances Center Parcs
Sofidy
WP Carey
Work highlights
- Advised Crédit Agricole Group on its exclusive negotiations with Worldline, with a view to building a strategic partnership.
- Advised Thales on its negotiations with Hitachi Rail for the sale of its global Ground Transportation Systems (GTS) business for an enterprise value of EUR1.66 billion.
- Assisted the Pierre et Vacances-Center Parcs group in the process of strengthening its equity, in particular with the conversion of more than EUR 550 million of creditors’ debt into shares.
Bredin Prat
The tax practice at Bredin Prat is highly regarded for its assistance to domestic and international companies and investment funds on issues pertaining to M&A, private equity, real estate transactions and corporate restructurings. In addition, the team assists clients with tax controversies and is well versed in defending clients before the tax courts. On the private client front, the team handles the structuring of real estate investments through French-listed real estate investment companies. It is particular active in the technology, banking, automotive, luxury, food, TMT and retail sectors. The team is led by Yves Rutschmann whose expertise is highly regarded. Sébastien de Monès, Anne Robert, Pierre-Henri Durand and Julien Gayral are also key members of the practice and have significant experience handling M&A, private equity and real estate transactions. Jean-Florent Mandelbaum is knowledgeable of reorganisations and Victor Camatta is a key name for tax litigation and audits.
Practice head(s):
Yves Rutschmann
Other key lawyers:
Sébastien de Monès, Pierre-Henri Durand; Julien Gayral; Anne Robert; Jean-Florent Mandelbaum; Victor Camatta
Testimonials
‘Bredin Prat’s tax teams provide very high quality services, with a remarkable level of technical expertise.’
‘the tax department provides detailed, quality responses. Security and schema compliance set them apart. The team combines high-level specialization in tax law, remarkable quality and a very effective collaborative approach.’
‘Anne Robert is a lawyer who demonstrates great intellectual rigor in her consultations. She knows how to be responsive for her clients while guaranteeing high file security.’
‘The team is of superlative quality, business oriented and has an outstanding reputation with the tax authority.’
‘Efficiency, intelligence, their ability to reason on the most difficult subjects. They are far ahead of their competitors on tax engineering issues.’
‘The team is multidisciplinary, always available and able to respond promptly to difficult problems. The in-depth knowledge and great experiences of the members of the team enable them to provide unique insights and perspectives.’
‘Julien Gayral is an expert in the field and always available. He is able to offer sound and detailed legal advice customised to the client’s strategy. He is technically very strong’
Key clients
Altitude
AXA
Banque Fédérative du Crédit Mutuel
BPCE
Covea
Dentressangle
EDF
EssilorLuxottica
Eurazeo
Five Arrows Principal Investments
General Electric
KKR
LVMH
Microsoft
Netflix
Rothschild & Co and Concordia
Sagard
Stellantis
Sienna IM
Téthys
Transition
Ubisoft and Guillemot family
Work highlights
- Advised EDF on the tax aspects of the public offer launched by the French state to acquire the shares of EDF that it does not hold yet (approximately 16%), to be followed by EDF’s delisting.
- Advising Rothschild & Co and Concordia, the holding company of the Rothschild family and Rothschild & Co’s largest shareholder, on the tax aspects of the pending take-private of Rothschild & Co by Concordia by way of a tender offer for the Rothschild & Co shares at €48.0 per share with dividends attached and the request of the implementation of a squeeze-out.
- Advised Stellantis on the tax aspects of the repurchase of 69.1 million Stellantis shares from General Motors, representing approximately 2.2% of Stellantis’ share capital.
Ernst & Young Société d'Avocats
Ernst & Young Société d'Avocats has expertise across all tax disciplines, covering transactional tax, transfer pricing, tax technology transformation and indirect tax. On the transaction front, the team provides tax assistance with respect to acquisitions, sales and refinancing transactions, while its indirect tax offering encompasses VAT advisory services. At practice head level Lionel Benant specialises in M&A, financial restructuring and leveraged buyout transactions; Alexandra Loran leads on tax innovation work; Cédric Devouges focuses his practice on international tax planning for multinationals and investment funds; Philippe Vailhen manages business tax matters; Matthieu Autret oversees the transaction tax side of the practice; Eric Verron focuses on international tax services; Xavier Dange provides assistance with the restructuring of groups in France and internationally; Gwenaelle Bernier handles matters related to digital tax strategy and digital transformation of tax functions and Jean-David Vasseur is a key name for indirect tax. Nadia Sabin is also an active member of the team.
Practice head(s):
Lionel Benant; Cédric Devouges; Alexandra Loran; Philippe Vailhen; Matthieu Autret; Eric Verron; Xavier Dange; Gwenaelle Bernier; Jean-David Vasseur
Other key lawyers:
Nadia Sabin; Jean-Laurent Bargiarelli
Testimonials
‘Jean Laurent-Bargiarelli’s M&A transactions team is brilliant and very professional! I work with other firms around the world and the EY transaction team is the best. ’
‘Jean-Laurent Bargiarelli is technically very competent and very professional ’
Key clients
ATALIAN
ADP
AXPO
BALL BEVERAGE
BACARDI
CARLYLE
DEBIOPHARM
GALERIES EMMANUEL PERROTIN
OMERS & EQT
RENAULT
Work highlights
- Advised Atalian on selling some activities (mostly based in the UK and Asia) to CD&R.
- Assisted ADP (tax due diligence and structuring) with entering into an agreement with GMR Enterprises to form an airport holding company listed on Indian Stock Exchanges in 2024.
- Advised Carlyle on the acquisition of the Pr0ph3cy group.
Sullivan & Cromwell LLP
Underpinned by its global reach and full-service structure, the tax practice at Sullivan & Cromwell LLP acts as a one-stop shop for its clients seeking tax advisory on large transactions spanning M&A, capital markets, finance and tax controversy. The team is highly regarded for its tax litigation expertise, regularly representing large corporations and financial institutions in sensitive tax disposals and settlements with national tax authorities. Gauthier Blanluet has significant experience advising on the tax aspects of M&A and real estate transactions, as well as tender offers and IPOs. Blanluet jointly leads the team with Nicolas De Boynes, who regularly represents multinationals and financial institutions in audits and tax litigation matters.
Practice head(s):
Gauthier Blanluet; Nicolas de Boynes
Work highlights
- Advising Icade and Icade Santé on tax matters concerning the sale of Icade’s stake in Icade Santé and the sale of Icade Healthcare Europe’s international asset portfolio to Primonial REIM, for an estimated total value of €2.6 billion.
- Advising Vivendi on the sale of the book publisher Editis, a move that will allow Vivendi to finalise its acquisition of Lagardère.
- Advising EDF on several transactional and litigation matters.
Allen & Overy LLP
Core areas of focus for the tax practice at Allen & Overy LLP include financial tax, private equity, M&A, fund formation, criminal tax law and real estate investments and financing. The team has significant experience handling high-level domestic and cross-border transactions. Mathieu Vignon specialises in tax issues related to the financial services industry, asset management and capital markets. Vignon jointly leads the practice with Guillaume Valois who focuses his practice on tax efficient structuring of LBOs, M&A and real estate transactions. Charles Del Valle is also an active member of the team.
Practice head(s):
Mathieu Vignon; Guillaume Valois
Other key lawyers:
Charles del Valle
Testimonials
‘Very competent, attentive team’
‘Responsiveness, professionalism, rigor and collaboration with other departments’
‘Guillaume Valois is very pragmatic.’
Key clients
123 Management
Advent
Air France
Air Liquide
Alderan
Amundi
Andera
Ardian
Ares
AXA IM
AXA REIM
Banque de Luxembourg
BPCE
BPI
Biogroup
Bolloré
Bridgepoint
Cathay
Checkout
CDC
Compagnie des Alpes
Crédit Mutuel Arkéa
Credit Mutuel Equity
Cromwell EREIT
Degroof Petercam
DTZ Investors
DWS
Eiffel Investment Group
Engie
Epopée Gestion
EQT
Eurazeo
Eurogroup Consulting
Extendam
General Electric
Groupama
Groupe Arnaud
Groupe Louis Delhaize
Harbert Management Corporation
HIG
Hivest
HOOPP
Icade
ICG
IDEC
Infrared
Infravia Capital Partners
Ipsen
Kingstreet
Korian
LBO France
L’Oréal
LVMH
Macquarie Capital
Mubadala
Naxicap
Nuveen
OFI Pierre
Oman Investment Authority
Omnes
PAI
Pathé and IDG Capital
Pimpco
Quadreal
Ruane Cunniff & Goldfarb LLP
Seagate
Seven2 (ex Apax Partners)
Sienna Capital
SCOR IP
SNPE
Société Générale
Sorare
TCS
Thalès
Tikehau
Waterland
Victoires Haussmann
Weinberg Capital Partners
Wren House
Work highlights
- Advised Bolloré SE regarding the acquisition of Bolloré Logistics by CMA CGM.
- Advised PAI Partners on its acquisition of a majority stake in Infra Group, a multi-disciplinary network infrastructure services provider.
- Advised on the financing of Technicolor Creative Studios SA in the context of its spin-off from its French corporate parent, Technicolor SA.
Arsene
The broad offering at Arsene encompasses strategic tax advisory, international tax structuring, M&A, corporate tax management, audits, litigation, real estate tax and private client work. With particular strengths in the private equity sphere, the team is well versed in handling the structuring of acquisition or disposal operations, vendor due diligence, management packages, structuring of investments funds, buy-out deals and corporate finance operations. The highly respected Denis Andres leads the practice. Other notable names in the practice include Mirouna Verban and Alexandre Rocchi, who both specialise in M&A transactions; François Lugand whose expertise lies in real estate; Vincent Desoubries, who is a key name for international tax matters; Benoit Bec, who focuses on transfer pricing and Yoann Chemana, who regularly advises corporates and investment funds.
Practice head(s):
Denis Andres
Other key lawyers:
Mirouna Verban; Alexandre Rocchi; François Lugand; Vincent Desoubries; Benoît Bec; Yoann Chemana; Franck Llinas
Testimonials
‘Brilliant, flexible team and deal maker. Inventive approach. The right level of prudence to find the best tax structuring options.’
‘François Lugand is one of the tax experts in Paris ’
‘Very efficient team, precise in its answers and demonstrate a real spirit of synthesis in its conclusions. Mastery of the timing of the operation and is proactive. Also knows how to manage the stop and go inherent to major operations very well.’
‘Franck Llinas: Excellent knowledge of tax law, proactive in the solutions proposed and able to demonstrate innovation in the responses provided. Knows how to do tailor-made work.’
‘Competent teams with good diversity and good coverage of technical issues and tax specialties, available and responsive.’
‘Proximity and understanding of customers more advanced than the competition. Arsene is very innovative in its technical proposals. ’
‘Very competent team with in-depth knowledge of taxation. Very responsive team that you can count on. Always available and pleasant.’
Key clients
Accenture
Accor
Apax
Ardian
Casino
CMA-CGM
Cap Gemini
Chopard
Edenred
HLD
IK Partners
Intermarché
Kering
LVMH Groupe Arnault
M6
Pernod Ricard
SAP France
Schneider Electric
Work highlights
- Advised KERING BEAUTE on tax due diligence and tax restructuring within the acquisition of CREED.
- Advised PERNOD RICARD on ensuring that the group’s distribution policy is in line with industry standards and best tax practices.
Cleary Gottlieb Steen & Hamilton
Cleary Gottlieb Steen & Hamilton's tax practice is highly regarded for its expertise in structuring M&A transactions, LBOs, management packages and joint-venture transactions. In addition, the team has worked on several capital market transactions, including IPOs and hybrid debt, convertible and high-yield bond offerings. The team is led by Anne-Sophie Coustel, whose expertise lies in the tax aspects of domestic and cross-border public and private M&A transactions, joint ventures and reorganisations. The practice welcomed Benjamin Boisanté in 2023 from Freshfields Bruckhaus Deringer LLP.
Practice head(s):
Anne-Sophie Coustel
Testimonials
‘Exceptional in strategic advice for complex tax files.’
‘Anne-Sophie Coustel: mastery of complex files’
‘Very dedicated and efficient team.’
Key clients
3M
ENGIE
Alimentation Couche-Tard Inc.
GlobalFoundries
Sixth Street
Applied Materials, Inc.
Sienna Capital
Solvay
Veolia
NVHL
Latour Capital
Accor Acquisition Company
Tikehau Capital
Worldline
Edenred
Natixis
Work highlights
- Represented the Louis Delhaize group in its project to sell the Cora and Match banners in France to Carrefour.
- Representing Worldline in connection with its partnership with the Crédit Agricole Group to create a major player in the French payments market for merchants.
- Represented Latour Capital in its acquisition of Gutor from Schneider Electric SE (Schneider Electric)
Clifford Chance
At Clifford Chance, the practice covers all tax aspects of corporate, real estate and finance transactions, including M&A, real estate and private equity funds structuring, real estate investments, LBOs, joint ventures, financing transactions and tax litigation. Its client roster features investment firms, French corporates, financial institutions and sovereign funds. Eric Davoudet specialises in the tax aspects of property investments, REITs, OPCIs and real estate investment funds. Davoudet jointly leads the practice alongside Alexandre Lagarrigue whose expertise lies in LBOs, M&A transactions and group reorganisations.
Practice head(s):
Eric Davoudet; Alexandre Lagarrigue
Testimonials
‘Very available team.’
‘Alexandre Lagarrigue, pragmatism, understanding of customer needs, very educational, excellent negotiator.’
‘Excellent knowledge, availability, responsiveness, pro-activity, efficiency, rigor.’
Key clients
AEW
Atos Se
Rexel
RedTree Capital
Axa
Eurazeo
QIA
EDF
Amundi
Accor
Schroders
Ipsen
Primonial
L’Oréal
Engie
Amundi
Spie
Oreima
Axel Springer
DWS
IREIT Global
Pernod Ricard
BlackRock
TotalEnergies
BNP Paribas REIM
CMA CGM
Work highlights
- Advising TotalEnergies on its exclusive negotiations with Alimentation Couche-Tard for the setting up of a partnership in Belgium and Luxembourg and the sale of its retail networks in Germany and the Netherlands.
- Advising Atos on its separation plan resulting in spinning the group off into two publicly listed companies.
- Advised La Banque Postale and LBP AM on the acquisition of La Financière de l’Échiquier.
CMS Francis Lefebvre
CMS Francis Lefebvre's broad offering covers both contentious and non-contentious tax matters, including mandates concerning general taxation of private companies, as well as state-owned enterprises. The team includes experts in project management, international tax and tax litigation. Stéphane Austry coordinates the tax litigation and controversy group and Bruno Gibert focuses his practice on transfer pricing. Other key team members include Edouard Milhac, who is a key name for transactional tax; Anne-Sophie Rostaing, who is knowledgeable of corporate tax, Jean-Charles Benois, Frédéric Gerner and Ludovic Duguet.
Other key lawyers:
Stéphane Austry; Bruno Gibert; Edouard Milhac; Anne-Sophie Rostaing; Jean-Charles Benois; Frédéric Gerner; Ludovic Duguet; Daniel Gutmann; Agnès de l’Estoile-Campi; Chantal Bouquet
Testimonials
‘The best team in Paris for international taxation and transfer pricing policy topics. Excellent knowledge of technical subjects and the French tax administration to obtain rulings or negotiate litigation. Excellent mastery of treaties to avoid double taxation and international mechanisms.’
‘Extremely responsive team with practical and concrete solutions to implement’
‘Anne-Sophie Rostaing is an exceptional lawyer. Always available and responsive, she is very attentive to her clients and knows how to demonstrate teaching with regard to tax matters, the contours of which are sometimes complex. Anne-Sophie is also capable of schematizing her tax analyzes so that for example, they cannot be presented to a board, which is a real asset.’
Key clients
Tennaxia
Nissan
Emeria
Vivendi
French Banking Federation (Fédération bancaire française)
Association Française des Entreprises Privées (AFEP) Association
Biogroup
Rubis Terminal
Ardian
Bouygues Immobilier
Work highlights
- Assisted French Banking Federation (FEDERATION BANCAIRE FRANCAISE) and several French and foreign banks on considering the possibility to justify “Cum Cum” reassessments without change of legislation and without grounding those reassessments on anti-abuse provisions.
- Advising RUBIS TERMINAL GROUP on tax assistance in the context of the refinancing of part of the group’s third-party indebtedness and re-leveraging of the group.
- Advising NISSAN GROUP, along with a CMS international team, on the exit from Russia and the compliance with the existing EU regulations.
Darrois Villey Maillot Brochier
The tax practice at Darrois Villey Maillot Brochier is well regarded for its involvement in large public M&A transactions in France, including privatisations and contested takeovers. The team can regularly be seen assisting with matters related to mergers, spin-offs, restructurings, joint ventures, as well as finance and real estate transactions. Vincent Agulhon is highlighted for his tax expertise in M&A transactions, structured finance and real estate investments. Agulhon jointly leads the practice alongside real estate tax expert Loic Vedie and founding partner Alain Maillot.
Practice head(s):
Vincent Agulhon; Loïc Vedie; Alain Maillot
Other key lawyers:
Sophie Pages
Testimonials
‘Great availability, perfect mastery of subjects, excellent team collaboration, Great capacity for advice and not just presentation of issues.’
‘Excellent technical skills on French tax aspects combined with an ability to explain sometimes complex issues in a simple and commercial manner. ’
‘Vincent Agulhon and Loic Vedie are leaders in tax practice and great professionals.’
‘Very professional, decisive and committed. Very high technical capacity to deal with very complex transactions. ’
‘Vincent Agulhon and Sophie Pages. They are very close, empathetic and decisive. They solved complex situations and had the ability to share the solution in a very clear way.’
‘In my opinion, the team stands out for its involvement and its great ability to find innovative solutions.’
Key clients
Bellon SA
Bouygues
BPCE S.A.
Brookfield
Carlyle
Carrefour
Castillon SAS (Devoteam)
Crédit Agricole Consumer Finance
Elior Group
Flying Whales
Groupe HN6
Groupe Lucien Barrière
Groupe Perrotin
Groupe TF1 No
H&A Barrel Management
Infopro
Inmobiliaria Colonial
KKR
Malakoff Humanis
Michel Reybier Group
Milleis Banque
Natixis
OVHcloud
Professional Football League
Robertet Groupe
Royce
Société générale
Société Générale & ALD
Sodiaal
The Blackstone Group real estate investment fund
Tikehau Ace Capital
Umanis
Valeo
Weinberg Capital Partners
De Pardieu Brocas Maffei
Utilising its full-service structure, the tax practice at De Pardieu Brocas Maffei works closely with the firm’s corporate M&A, financing, real estate and restructuring specialists to provide clients with comprehensive tax advice. On the real estate front, the team is well versed in advising on tax applied to real estate investments and financing transactions. Its corporate and private equity tax offering encompasses transactional, financing and restructuring operations, due diligence and tax modelling. Emmanuel Chauve leads the team and specialises in real estate tax, SIICs and real estate investment funds. Other key members of the team include Alexandre Blestel, Priscilla van den Perre and Anne-Laure Drouet.
Other key lawyers:
Alexandre Blestel; Priscilla van den Perre; Anne-Laure Drouet
Testimonials
‘Higher technical level. Take customer-specific issues into account. Available.’
‘Extremely competent team. The file is followed seriously, realistically and efficiently.’
‘Priscilla Van Den Perre is very available and precise in her analyses. Detailed knowledge of LBO arrangements.’
‘Anne-Laure Drouet is one of the best partners in Paris.’
Key clients
TISHMAN SPEYER
BATIPART
CARREFOUR
GECINA
ALTAREA COGEDIM
EMERIGE
COVIVIO
CREDIT AGRICOLE ASSURANCES
ROTHSCHILD
ERGON CAPITAL
EMZ PARTNERS
ITS GROUP SA
KARTESIA
FLORAC
PGIM REAL ESTATE
ALGONQUIN AND CARDIF
APOLLO
EDIFY
Freshfields Bruckhaus Deringer LLP
Freshfields Bruckhaus Deringer LLP's tax practice is praised for its 'deep understanding of financial services, industry documentation and the tax considerations of financial markets transactions'. The team has a strong focus on matters related to M&A, private equity, infrastructure, R&I, real estate and corporate finance transactions, with particular strength in the infrastructure, finance and energy sectors. Cyril Valentin has considerable experience representing clients in tax litigation matters before the French and European courts. Vincent Daniel-Mayeur is another key name, specialising in the structuring and tax aspects of acquisitions, reorganisation and joint-venture transactions.
Practice head(s):
Cyril Valentin; Vincent Daniel-Mayeur
Testimonials
‘The practice has a deep understanding of financial services, industry documentation and the tax considerations of financial markets transactions. Advice is clear and delivered on time. You know you can rely on them when you have a tight deadline.’
‘Cyril Valentin has excellent technical knowledge and a deep market understanding. He is clear, responsive and a pleasure to deal with.’
Key clients
Bank of America
Barclays
Caisse des Dépôts et Placements du Québec (CDPQ)
CCR
Citi
CVC Capital Partners
Engie
Goldman Sachs
Hasbro
Holcim
House of HR
HSBC
Jane Street
JP Morgan
Morgan Stanley
Natixis
PAI
Phoenix Tower International
RWE
Sitel Group
Susquehanna
VINCI
Work highlights
- Advised CCR on its exclusive negotiations with the consortium comprising SMABTP and MACSF with a view to ceding control of CCR RE and increasing CCR REs capital by €200 million.
- Advised HSBC Continental Europe (HBCE) on the sale of its French retail banking business to My Money Group (MMG), a Cerberus portfolio company.
- Advised Holcim on the sale of its Indian business to Adani Group. The sale comprises Holcim’s 63.11% stake in Ambuja Cement.
Gide Loyrette Nouel A.A.R.P.I.
At Gide Loyrette Nouel A.A.R.P.I., the tax practice is commended for its ‘extensive experience in real estate and the taxation of different real estate investment vehicles'. Another area of expertise for the team is M&A and private equity where it regularly assists clients with a range of issues relating to transactional tax, specifically the structuring of private equity and LBO transactions. Notable names in the team include Laurent Modave, who is knowledgeable of transactions and group reorganisations; Magali Buchert, who handles tax litigation matters; Paul de France, whose expertise lies in the tax structuring of LBO and M&A transactions and Olivier Dauchez and Bertrand Jouanneau, who are both well versed at handling transactional structuring, specifically in the real estate area.
Other key lawyers:
Laurent Modave; Magali Buchert; Olivier Dauchez; Bertrand Jouanneau; Paul de France
Testimonials
‘We mostly work with the Gide tax team in relation to management team and incentive plan issues. They have a comprehensive understanding of the relevant tax issues and a commercial approach and are very experienced in multi-jurisdictional transactions.’
‘They are very pragmatic and always available’
‘Paul de France is a stand out tax star. He also has an understanding of other tax jurisdictions and can explain how in broad terms they work. He is always available – takes calls late in evening, gives pragmatic advice.’
‘A privileged relationship with the associate who is personally involved in the organisation and delivery of the mission.’
‘A perfect mastery of technical, complex and innovative subjects. The concern for securing the chosen solution. Total availability.’
‘Magali Buchert and her teams have achieved several opposing objectives: – a perfect detailed analysis of the facts and texts – an ability to explain complex subjects in detail with expert tax teams – at the same time, a perfect mastery of the synthesis for the exchanges with non-specialists.’
‘The assistance of Gide, and particularly of our advisor Bertrand Jouanneau is distinguished by the quality of the work, their responsiveness and their strength of proposal. We were able to appreciate to what extent the solutions found for the management of our disputes were innovative, and were successful!’
‘The team has extensive experience in real estate and the taxation of different real estate investment vehicles. The answers are always precise.’
Key clients
OFI Invest
Amundi Immobilier
Antin Infrastructures Partners
Atland
Blackrock France
Brookfield
Eurazeo
Experimental Group
Groupe Bruxelles Lambert
L’Oréal
LVMH
Norges Bank
Redevco
Renault
Saint-Gobain
Société Générale
Swiss Life
Wendel
Latham & Watkins
The tax practice at Latham & Watkins handles a range of transactions for companies, financial institutions and investment funds and has in-depth expertise in the structuring and negotiation of M&A and private equity transactions. In addition, the team regularly handles matters related to the tax aspects of capital markets transactions, high-yield bond issuances and IPOs, as well as structured finance and finance transactions. Practice head Xavier Renard specialises in the tax aspects of M&A transactions, especially private equity transactions. Olivia Rauch-Ravise is also an active member of the team.
Practice head(s):
Xavier Renard
Other key lawyers:
Olivia Rauch-Ravisé
Key clients
Abeille Vie
AccorInvest Group SA
Alain Afflelou SA
Ardian
Ares Management
Astorg Partners
Atos
Bain Capital
Bank of America
Barclays Bank Plc
BC Partners
Bertrand Corp SAS
BNP Paribas
Briarwood Chase Management LLC
Bridgepoint
Burger King
Carlyle France
Catterton Partners
Comdata SpA
Credit Agricole Corporate and Investment Bank
Crédit Mutuel Arkea
Empruntis
Eurazeo
Fortress Investment Group
Groupe Carrefour
Groupe Kervita
Hyatt Hotels Corporation
Imerys
IKKS Group S.A.S.
Intermediate Capital Group (ICG)
iQera
KKR Credit Advisors
L’Oréal
Mainstay Medical
Natixis
Pernod Ricard
Platinum Equity
PSP Investments
PricewaterhouseCoopers Audit
Sagard
SK Capital
TA Associates
TechnipFMC
Total
Unicredit
Vivalto Partners
Vivalto Santé Group
Webhelp
Worldline
Work highlights
- Advising L’Oréal on its acquisition from the Brazilian cosmetics maker Natura & Co of Aēsop for an enterprise value of US$2.525 billion.
- Advised TA Associates on the sale of the Vivacy Group to Bridgepoint and reinvestment in the acquisition structure designed by Bridgepoint.
- Advising Webhelp in respect of its combination with Concentrix Corp through the sale and contribution of 100% of the shares of Webhelp by GBL, the two founders and the 700+ managers.
Linklaters
The tax practice at Linklaters is well regarded for its broad expertise in transactions, including M&A, LBOs, corporate reorganisations and real estate deals. On the finance front, the team advises on acquisition financings, structured financings, investment fund structuring, issuance of publicly traded securities and IPOs. Clients span an array of domestic and international companies, private equity firms, investment banks and financial institutions. The practice is led by Edouard Chapellier, whose expertise lies in the structuring and launch of private equity and real estate investment funds. Cyril Boussion is also an active member of the team.
Practice head(s):
Edouard Chapellier
Other key lawyers:
Cyril Boussion
Testimonials
‘The team works very well together, and this interconnection between individuals allows the tax team to provide comprehensive and qualitative work. The use of different technological tools allows us to affirm that it is also an innovative team.’
‘Edouard Chapellier has a special place within the tax team. He demonstrates a real understanding of the issues of law applied to his clients’ ecosystem, which allows him to guide his teams and use the most effective strategies, meeting our expectations.’
‘Very technical team with developed know-how in negotiation, particularly with Anglo-Saxon interlocutors who do not understand continental European taxation. ’
‘Cyril Boussion: very good technical knowledge and capacity for new developments. Good listening skills and alignment with customer needs/constraints.’
‘Good quality advice with quick turnaround times. More pragmatic and commercially attuned than other advisers.’
‘Edouard Chapellier in particular is a fantastic partner to our business. He clearly understands our commercials and always ensures he tailors his advice to our commercial sensitivities.’
‘Very competent – one of the best specialists in the taxation of private equity funds.’
Key clients
Qatar Investment Authority
Cobepa
Unibel
CACEIS
NW Storm
DP World
Vauban Infrastructure Partners
Group Otium
Ardian
OW Offshore SL
JBIC
Montagu Private Equity
Rio Tinto
Cerberus/My Money Bank
Marguerite Adviser
RES (now QEF)
InfraVia Capital Partners
Work highlights
- Advised Qatar Investment Authority on the tax aspects of its investment in InnovaFeed as part of a fundraising of a total amount of 250 million euros.
- Advised CACEIS, the asset servicing banking group, a subsidiary of Crédit Agricole S.A. and Santander, on the tax aspects of the negotiations of a Memorandum of Understanding with Royal Bank of Canada (RBC) for the acquisition of RBC Investor Services operations in Europe and associated transactions.
- Advised Unibel (holding company of the Bel group listed in Euronext Paris) on the tax aspects of the public buy-out tender offer (offre publique de retrait) filed by Unibel on Bel and subsequent squeeze-out of Bel’s minority shareholders (retrait obligatoire).
Mayer Brown
The tax practice at Mayer Brown regularly assists clients with M&A transactions, private equity transactions and reorganisations and debt refinancing. On the tax advisory front, the team is knowledgeable of fund structuring, the structuring of management packages, corporate tax and personal tax-related matters. Specialising in fund structuring and transactional related matters, Laurent Borey co-heads the practice alongside Benjamin Homo, who regularly advises private equity clients and multinationals on M&A transactions and reorganisations. Other notable names in the team include Christopher Lalloz, who is active in litigation and tax audits, Olivier Parawan, Elodie Deschamps and Nicolas Danan.
Practice head(s):
Laurent Borey; Benjamin Homo
Other key lawyers:
Christopher Lalloz; Olivier Parawan; Elodie Deschamps; Nicolas Danan
Testimonials
‘Best tax structuring team in Paris, no equivalent.’
‘Excellent team, probably one of the best.’
‘Recognized for its professionalism, technical knowledge, speed and excellence of execution, and also friendly. ’
‘Laurent Borey: ultra fast, understands the commercial issues of the deal and how to resolve them, problem-solver (always finds solutions), ultra technical obviously’
‘Nicolas Danan and Benjamin Homo: ultra fast, great technical mastery, great execution capacity.’
‘Laurent Borey’s team are always available, extraordinary and innovative skills. Tailor-made and innovation in each file!’
‘Always on the cutting edge – interested in what is being done. Rare team.’
‘This team excels in “thinking out of the box” with a level of competence and rigor that cannot be found anywhere else.’
Key clients
Altice
Ayming
Bridgepoint
Charterhouse Capital Partners
Cooper Consumer Health
CVC Capital Partners
Eurazeo
European Camping Group (ECG)
Feu Vert
Française des Jeux (FDJ)
Funecap
Gandi
Grape Hospitality
IDI
Keensight Capital
L Catterton
Magellan Partners
Mediawan
Montefiore Investment
Neftys Pharma (Alliando Group)
Primonial
Qualium Investissement
Redslim AG
Sabena Technics
Sani/IKOS group (SIG)
SERB
Stirling Square Capital Partners
Xp Fibre Network
Work highlights
- Advised Funecap Groupe and its management on a transaction over the capital of the group in the context of the reinvestment of all shareholders.
- Advised CVC Capital Partners on the structuring of the sale of the APRIL group to KKR. |
- Advised European Camping Group (ECG) and its management, on the acquisition of Vacanceselect from funds advised by Permira
Pwc Société d'Avocats
The broad offering of the tax practice at Pwc Société d'Avocats encompasses corporate tax, transactions tax, transfer pricing, indirect tax, R&D, local taxes and tax accounting. 2023 new managing partner Guillaume Glon and Séverine Defert, who was previously with a financial services company, jointly lead the practice with Jean-Philippe Brillet, whose expertise lies in M&A tax. and Stéphanie Verzura . Other key team members include Marc-Olivier Roux, who assists large-cap investment funds with their transactions and Catherine Cassan, who handles cross-border restructurings, tax rulings and assists during tax audits and tax raids. The team also welcomed Caroline Chaize-Lang and Denis Arikan in 2023 from Ernst & Young Société d'Avocats.
Practice head(s):
Guillaume Glon; Stéphanie Verzura; Séverine Defert; Jean-Philippe Brillet
Other key lawyers:
Marc-Olivier Roux; Catherine Cassan; Caroline Chaize-Lang; Denis Arikan; José Manuel Moreno; Jérôme Leroux
Testimonials
‘Multidisciplinary, motivated team where everyone plays their role in the spirit of responding favorably to the client’s request.’
‘Very competent team in financial taxation, international taxation and tax litigation. Recruitment from several backgrounds ensures high-level expertise’
‘Availability, competence and tenacity’
Key clients
KKR
Renault
Stock Spirits
Lawrence Wine Estates
Atos
Blackstone
CVC Capital Partners
Mc Donald’s
Permira
Vivendi
FDJ
Eurazeo
Bain Capital
Eiffage
The Valesco Group
Work highlights
- Advising Renault on (i) the tax structuring and tax implementation of the carve-out of powertrain business relating to the research, development and production of combustion and hybrid powertrains for motor vehicles for individual and light commercial vehicles in Argentina, Chile, Brazil, France, Portugal, Spain, Romania and Turkey and (ii) the tax structuring of the joint-venture vehicle with Geely.
- Assisted KKR with tax structuring in relation to the €2.4bn acquisition of April.
- Assisted Valesco Group with tax structuring and tax due diligence in relation to the acquisition of the Accor headquarters, the Sequana Tower, for 465 million euros ($461.2 million).
Arkwood SCP
Arkwood SCP fields a team of 'real experts when it comes to the taxation of high- and ultra high-net-worth individuals'. The team combines its knowledge of wealth management and corporate tax to assist clients with the structuring of corporate and personal assets and the implementation of high-end estate planning strategies. It also handles a range of disputes and represents clients throughout pre-dispute resolution, administrative proceedings and before the French courts. Stéphanie Auféril leads the team, which includes Marine Dupas, Michaël Khayat, Julien Riahi and Arnaud Tailfer.
Practice head(s):
Stéphanie Auféril
Other key lawyers:
Marine Dupas; Michaël Khayat; Julien Riahi; Arnaud Tailfer; Xavier Guérin
Testimonials
‘Super efficient team. Perfect choice for every request.’
‘The Arkwood team is particularly competent in wealth taxation. In addition, the firm’s lawyers are particularly pleasant, accessible and responsive.’
‘It is a proactive team on international tax matters. It stands out in particular for its excellent technical level.’
Bryan Cave Leighton Paisner
Clients praise the tax practice at Bryan Cave Leighton Paisner for its ‘great technical knowledge of real estate‘. Other core areas of expertise for the practice include tax advisory regarding private equity transactions, the implementation of management packages and fund formation tax structuring. Real estate tax specialist Olivier Mesmin jointly leads the practice with Christine Daric who is a key name for corporate tax matters, especially those related to private equity and M&A.
Practice head(s):
Christine Daric; Olivier Mesmin
Testimonials
‘An essential team on the market which, beyond taxation, perfectly masters legal aspects.’
‘Christine Daric and Olivier Mesmin: investment, availability and competence’
‘Great technical knowledge of real estate and the practices of its stakeholders. Operational vision which goes beyond taxation allowing a great sense of adaptation to the recommended operation.’
Key clients
CDC Habitat
SEGRO
Pictet
Rgreen
Mimco Asset Management
Black Swan Real Estate
Lone Star Funds
Whiteberry Partners
Dechert LLP
The tax practice at Dechert LLP is well regarded for its expertise in private equity fund formation, assisting investment funds, management companies, private and institutional investors and carried interest holders. Private equity specialist Sabina Comis heads the practice and is experienced in tax structuring for asset managers’ carried interest rights, as well as designing cash repatriation models and waterfall mechanisms. Etienne Bimbeau is another key name in the team.
Practice head(s):
Sabina Comis
Other key lawyers:
Etienne Bimbeau
Key clients
17Capital
Archimed
Blisce
Capital Croissance
Cathay Capital
Essling Capital
Groupe Artémis
Iroise Partners
KKR
Loomis Sayles
Rothschild & Co Asset Management and Rothschild Martin Maurel
Roundtable
Red River West
Sofinnova Partners
Work highlights
- Advised Sofinnova Partners in connection with a GP stake investment by Apollo.
- Advised Blisce/ Blisce on the legal and tax structuring of several dedicated co-investment vehicles investing in single assets.
- Advised Cathay Capital in connection with the sale of the Cenexi group to the Indian group Gland Pharma.
DLA Piper
The tax practice at DLA Piper is praised for its 'unparalleled experience in asset management, and particularly in investment capital taxation'. Clients span an array of industries, including financial services, real estate, consumer goods, retail, technology and life sciences. In addition, the practice has invested in its transfer pricing offering to assist clients with negotiations with tax authorities and tax controversies. The team is led by Fanny Combourieu, whose expertise lies in private equity and infrastructure transactions. Raphaël Béra and Antoine Faure are other notable names in the practice.
Practice head(s):
Fanny Combourieu
Other key lawyers:
Raphaël Béra; Antoine Faure
Testimonials
‘The team has unparalleled experience in asset management, and particularly in investment capital taxation.’
‘The team is very attentive to the organization and the constraints of its client. Strong demonstration of adaptable skills and understanding of the business model. Particularly in transfer pricing themes in complicated intra-group flow charts.’
‘Antoine Faure is very attentive and knows how to adapt to the most complicated situations.’
‘Excellent team, always available if necessary, quick, precise and helpful feedback on short notice. ’
‘Very good team, real follow-up of files, able to work effectively with other departments, does not work in silos ’
‘Fanny Combourieu stands out: Efficiency, very good follow-up of files.’
‘Very efficient, personable and available team, always attentive and proactive. Very high technical and experience level.’
Key clients
Access Capital Partners
Afflelou
AM Alpha
Antin Infrastructure Partners
Archimed
Ardian
Axa IM
BlackFin Capital Partners
Bridgepoint
Carlyle
Circana
Circet
ETC Group
Eurazeo
Harbert Management Corporation
HY24
Merieux Equity Partners
MML Capital Partners
Rothschild & Co / Five Arrows
Vauban Infrastructure Partners
Work highlights
- Advised Eagle football holdings on the tax aspects of the acquisition of a majority stake in OL Groupe from Holnest, Pathe and IDG Capital.
- Assisted Antin Infrastructure Partners with the French tax aspects of its new large cap fund, Antin Flagship V.
- Advising MML Capital on the acquisition of a minority stake in Arhs Group alongside founders and managers
Gibson Dunn
At Gibson Dunn, the tax practice is well equipped to advise corporate clients and investments funds investing in private equity deals, specifically in the financial services and asset management fields. Other areas of focus include restructuring advice to lenders and debtors in the retail sector, as well as acting for clients active in the entertainment industry. Jérôme Delaurière has developed significant expertise in share incentive schemes for directors and employees. Delaurière jointly leads the practice alongside Ariel Harroch.
Practice head(s):
Jérôme Delaurière; Ariel Harroch
Testimonials
‘The Gibson Dunn tax team stands out for its responsiveness and pragmatism. The team is innovative in its rapid understanding of the client’s challenges.’
Jérôme Delaurière is a partner who stands out for his availability and his search for solutions adapted to the client’s problems.’
Key clients
S.I.T.I R (Pierre et Vacances SA / Center Parcs)
Swiss Life
KKR
Amazon
NetApp
Tikehau Ace Capital
Group Vivarte
Résonance Imagerie
Kartesia
Hopps Group
Goodwin
The tax practice at Goodwin is well regarded for its assistance in mid-market private equity and real estate transactions. It is well versed in handling matters requiring tax structuring solutions arising from the financing of investments, M&A transactions, leveraged buyouts, restructurings, joint ventures, as well as the structuring of investment funds. Marie-Laure Bruneel heads the practice and has significant experience in private equity and fund formation matters. Charles-Henri De Gouvion Saint-Cyr is also a key name to note.
Practice head(s):
Marie-Laure Bruneel
Other key lawyers:
Charles-Henri de Gouvion Saint-Cyr
Testimonials
‘Availability, rigor.’
‘Goodwin has been supporting us on our fund tax issues for more than 4 years and knows our needs, our points of attention and our structures well. The advice is adapted and pragmatic and the team is very available.’
‘Marie-Laure Bruneel is an outstanding tax expert, with a good knowledge of the market and legal decisions. Her approach to taxation is pragmatic and she truly positions herself as our reference tax advisor in France on our fund topics.’
‘The Goodwin tax team (FR, LUX, UK) was reliable, flexible, responsive to our requests and responded to complex and technical questions on time and accurately. ’
Key clients
Arcole
Azulis Capital
Capza
Cerea Partners
CTI Life Sciences
DST Global
Eurazeo
Intermediate Capital Group (ICG)
ITEN
Groupe Gorgé
LFPI
Latour Capital
Merieux Equity Partners
Parquest Capital
Sofinnova Partners
Tekla
Three Hills Capital Partners
Tikehau Capital and Tikehau Ace Capital
Tokoro Capital
Work highlights
- Advised the pool of banks, existing lenders of the listed group Pierre & Vacances, on the tax aspects of the restructuring of the existing indebtedness of Pierre & Vacances
- Advised a consortium of new and existing investors comprised of IK Partners, Keensight Capital, Parquest Capital and GIC on the tax aspects of the acquisition of the Unither group.
- Advised Groupe Gorgé on the tax aspects of the acquisition of the iXblue.
Hogan Lovells (Paris) LLP
The tax practice at Hogan Lovells (Paris) LLP frequently collaborates with practices from across the firm to provide comprehensive tax advice on private equity and M&A transactions. The team is particularly well versed in handling transactions which require a high degree of structuring, including LBOs, IPOs and restructurings. Practice head Xenia Legendre is very experienced in assisting clients with the optimisation of internal tax processes. Ludovic Geneston and Thomas Claudel are other key names.
Practice head(s):
Xenia Legendre
Other key lawyers:
Ludovic Geneston; Thomas Claudel; Maximilien Schmitt
Testimonials
‘Excellent collaboration and teamwork with the M&A teams, which allows for coordinated and high-quality execution. Very strong market experience and practices for effective advice, respected by all parties.’
‘A team that is both formidable and also very professional and friendly, using all the most advanced tools.’
‘Xenia Legendre is the lawyer who impressed me the most with her knowledge and mastery of highly technical cases.’
‘Ludovic Geneston provides advice with high added value, availability, provider of solutions, proactivity,’
‘Maximilien Schmitt stands out for his quality of execution.’
‘Good team that can be trusted and with good stability over time / good level and good pricing’
‘Ludovic Geneston is friendly, practical and efficient’
‘Thomas Claudel demonstrates great professional qualities: mastery of subjects, clarity of explanations, pragmatism of solutions, good coordination with other themes.’
Work highlights
- Advised Ambienta on the acquisition and combination of HolwegWeber and In.Pack Machinery.
- Advised the Independents group on (i) the acquisition of Prodject and related financing and refinancing and (ii) the opening of the group capital to TowerBrook Capital Partners and FLE Entertainment.
- Advised Cathay Capital (alongside Weinberg Capital Partners, the founders and other minority investors) on the acquisition of Juliette Has a Gun.
Kirkland & Ellis LLP
Kirkland & Ellis LLP's tax practice is well regarded for its 'excellent knowledge of the investment funds market and associated tax issues'. The team also assists private equity funds with setting up investment vehicles, handling acquisitions and disposals, as well as advising debtors and creditors on restructuring situations. Nadine Gelli leads the practice which benefits from her extensive experience handling leveraged buyouts, financing and restructuring projects. Sonia Bouaffassa supports the team and is a key contact for corporate reorganisations and debt finance matters.
Practice head(s):
Nadine Gelli
Other key lawyers:
Sonia Bouaffassa
Testimonials
‘Serious, reliable, responsive and friendly teams.’
‘Great professionalism, clear answers, responsiveness.’
‘Great availability. Excellent knowledge of the investment fund market and associated tax issues.’
‘Nadine Gelli: technical, pragmatic and constructive, available.’
Key clients
Adare Pharma Solutions
BC Partners
Clearwater Analytics
Core Equity
Equistone Partners Europe
Financière DSBG and its shareholders Kartesia and Farallon
Frazier Healthcare Partners
PAI Partners
Partners Group / Emeria
Platinum Equity
Thomas H. Lee Partners
Warburg Pincus and Archimed
Wendel
Technicolor (renamed Vantiva)
Technicolor Creative Studios
Work highlights
- Advised PAI Partners on a strategic minority investment in its business by Dyal Capital, a division of Blue Owl Capital Inc.
- Advised Platinum Equity on the acquisition of Imerys SA’s High Temperature Solutions business (HTS) for EUR930 million.
- Advised Technicolor on the spin-off and listing of Technicolor Creative Studios (TCS) as well as the refinancing of the overall company’s debt.
Lacourte Raquin Tatar
The tax practice at Lacourte Raquin Tatar is extremely prominent in the real estate tax space. The team can regularly be seen assisting with M&A transactions involving public and private real estate companies, as well as private equity funds involved in the real estate industry. Clients include domestic corporations, investment funds, listed property companies, large players in private equity and institutional investors. The team is led by Jean-Yves Charriau, Julien Souyeaux , David Sorel and recently promoted partner Sophie Duboy-Maurel.
Practice head(s):
Jean-Yves Charriau; Julien Souyeaux; David Sorel; Sophie Duboy
Testimonials
‘Very advanced experience in real estate taxation (very precise view of the market, opportunities and risks).’
‘Jean-Yves Charriau and David Sorel are technically excellent and very commercial.’
‘The Lacourte tax team offers a very high level of service. They are essential professionals in matters of real estate taxation in France. Always extremely responsive, they put the customer at the heart of their concerns and demonstrate great reliability, while demonstrating an exceptional level of competence.’
‘David Sorel has extensive experience and an excellent understanding of real estate tax issues and economic mechanisms.’
Key clients
Vinci Immobilier
Allianz Group
Poste Immo (La Poste Group)
Axa
Unibail-Rodamco-Westfield
Ivanhoe Cambridge
JP Morgan Asset Management
Korian
Aermont Capital
Lasalle Investment Management
Iquera
SFL
Immobel
Tishman Speyer
B&B Hotels
AEW
ORPEA
KKR Real Estate
Clarion Partners Europe
Prologis
Aviva Investors
Viparis
Work highlights
- Advising Ivanhoé Cambridge on the setting-up, together with CDC Habitat, of a joint venture to develop residential assets and a joint-venture to hold such assets.
- Advising Osae Partners on the conclusion of an emphyteutic lease with the Paris Ile de France Chamber of Commerce and Industry (CCI) relating to the restructuring of its historic headquarters, the Potocki Hotel located in Paris.
McDermott Will & Emery AARPI
McDermott Will & Emery AARPI fields a team that 'very specialised in the structuring and tax modelling of operations' and is also active in the transactional space, advising clients on private equity and M&A deals, specifically in the life sciences sector. In addition, the team handles litigation, regularly acting on funds-related matters, as well as mandates within the insurance, mining and construction sectors. Antoine Vergnat leads the practice, which also includes Romain Desmonts.
Practice head(s):
Antoine Vergnat
Other key lawyers:
Romain Desmonts
Testimonials
‘The McDermott tax team is very specialised in the structuring and tax modeling of operations.’
‘Romain Desmont is undoubtedly a rising star due to his technical qualities and his ability to manage large operations.’
‘Antoine Vergnat is an excellent technician, who also knows how to be pragmatic when necessary.’
‘Antoine Vergnat first seeks to understand his client and calibrate what he can bring to them. He is business oriented and knows how to remain pragmatic, proposing solutions that can be implemented in practice.’
Key clients
Colisée
Zenchef
Dynacure
Altema (management team)
Ardian
Vertical Sea
Andera Partners
Arev Partners
Campari Group
Sonepar
Fabernovel
MML Capital Partners
Abénex
Amundi
Eurazeo (Nov Santé)
Five Arrows
Work highlights
- Advised Andera Partners (Andera Expansion 3 fund) on an LBO transaction over Financière Canella / SMRD alongside Five Arrows and the management team.
- Advised Five Arrows on the sale to Latour Capital of Hygie 31.
- Advised MML Capital on the structuring of its minority investment in Kickmaker.
Norton Rose Fulbright
The tax team at Norton Rose Fulbright is well regarded for its tax structuring advice for M&A and private equity transactions, restructurings and financings. In addition, it assists clients with the structuring of large assets, including mortgaged and distressed debts. Key industry sectors the team focuses on include real estate, financial services, private client, energy, transport and technology. Practice head Antoine Colonna d’Istria is highly regarded in the field. Mathieu Jung is an active member of the practice.
Practice head(s):
Antoine Colonna d’Istria
Other key lawyers:
Mathieu Jung
Key clients
Kohlberg Kravis Roberts & Co. (KKR)
Société Générale
BNP Paribas
Crédit Agricole CIB
Natixis
TotalEnergies SE
123 IM/Sandaya
Kerry Group Plc
Icen Risk
Sequens
Blue Orange Capital
Telamon
Work highlights
- Advising Kerry Group plc on the sale of its sweet ingredients business to IRCA.
- Advising Icen Risk on the insurance of various tax risks.
Paul Hastings LLP
At Paul Hastings LLP the tax practice is well regarded for its tax counsel and tax litigation capabilities, especially its assistance facilitating large private equity, corporate M&A and banking and finance transactions. On the private equity front, the team regularly advises on matters regarding management packages. Allard De Waal is a key name for leveraged buy-outs and leads the practice alongside Bruno Leroy, who is active in LBO transactions. Damien Fenard is also an active member of the team. Thomas Pulcini left the firm in 2023.
Practice head(s):
Bruno Leroy; Allard de Waal
Other key lawyers:
Damien Fenard
Testimonials
‘Team of specialized, qualified, experienced and professional lawyers. Very courteous, patient and available Ability to listen and provide sound advice.
‘In-depth expertise Rigorous and responsive ’
‘ In-depth knowledge of tax rules, interpersonal skills, analytical skills and good logic, clear and effective communication, mastery of the files handled ’
Key clients
Red Bull France
Keensight Capital
GGB
Parexel
A2MAC1
EQT
Everaxis
Technetics
Andera Partners
Fairbanks Morse
Peters Surgical
Sendinblue
Alcentra
Valiantys
Sagard NewGen
LFPI
LGT Capital
EMZ
Tikehau Investment Management
Astorg
Cerba Healthcare
Equistone Partners Europe
Siparex
Equistone
Eurazeo
EQT
Jifmar Offshore Services
Work highlights
- Advised Red Bull France on negotiations with the French tax authorities to conclude the first advance pricing arrangement with the authorities in France, following several transfer pricing tax audits.
- Advised A2MAC1 on its sale to Providence and Five Arrows IV.
- Advised Andera Partners in connection with the LBO of Senstronic Group.
Shearman & Sterling LLP
The tax practice at Shearman & Sterling LLP regularly assists clients with public and private M&A transactions. In addition, the team has experience handing private equity transactions and advising both the fund and the management, as well as tax controversy and tax audit-related matters. Clients include French and international industrial companies, financial institutions and private equity funds. Niels Dejean heads the team, which includes Anne-Sophie Maes , who is well versed in handling capital markets transactions and employee offerings and Charles Filleux-Pommerol, whose expertise lies in private equity transactions and management packages.
Practice head(s):
Niels Dejean
Other key lawyers:
Anne-Sophie Maes; Charles Filleux-Pommerol
Key clients
BNP Paribas Personal Finance
Bpifrance
Bridgepoint
Florac
Intermediate Capital Group
L-GAM
Marlin Equity Partners
Prima Solutions (The Carlyle Group)
The Carlyle Group
Société Générale
Simmons & Simmons
The tax team at Simmons & Simmons is highlighted for its expertise in real estate and fund formation tax issues. In the real estate arena, the team is proficient in advising funds, institutional investors and corporate clients on real estate transactions. On the fund formation front, the team regularly advises on the structure of various types of private funds, including the structuring of carried interest and co-investment mechanisms. The group is also active in the TMT, healthcare and life sciences sectors. Chloë Nessim leads the practice and is supported by Jérémie Yéni.
Practice head(s):
Chloë Nessim
Other key lawyers:
Jérémie Yéni
Testimonials
‘The highly professional team has a wide range of expertise and has consistently provided excellent, pragmatic and to-the-point tax advice fully considering business needs. We always get a swift response to our questions and it is a pleasure to deal with the team.’
‘Chloë Nessim has an excellent knowledge about the subject matter. She is highly responsive and provides immediate and solution-focused advice fully understanding clients’ needs and taking into account commercial aspects.’
‘Jérémie Yéni is also very knowledgeable, always available to discuss issues and ensures that clients receive an excellent service.’
Key clients
Valor Real Estate Partners
Edmond de Rothschild Private Equity
Infravia Capital Partners
Meridiam
RGreen Invest
Quaero Capital
Generali Global Infrastructure
Mark
Assembly
Weinberg Capital Partner
Morgan Stanley
Goldman Sachs
Bank of America Merrill Lynch
Mirova
Skadden, Arps, Slate, Meagher & Flom LLP
The tax practice at Skadden, Arps, Slate, Meagher & Flom LLP has a 'great ability to support complex and cross-border transactions'. In particular, the team advises on matters related to private equity, M&A transactions, public issuances of equity and debt securities, as well as other corporate finance. The team's expertise also extends to fund structuring for various classes of funds, including sovereign wealth funds. Thomas Perrot leads the team, focusing his practice on M&A tax matters and other transactional tax work.
Practice head(s):
Thomas Perrot
Testimonials
‘Great ability to support complex and cross-border transactions, great knowledge of tax matters.’
Key clients
Renault
LVMH Moët Hennessy Louis Vuitton S.E.
Air France-KLM
Silver Lake Partners
Criteo
Axian Group
Capgemini
Lhoist
Iliad
L’Occitane International SA
Atlas Investissements
Pfizer Inc
Scor
Work highlights
- Advising Renault Group on the tax aspects of its agreement with Nissan Motor Co. Ltd., to restructure their 23-year old partnership.
- Advised Atlas Investissement on the tax aspects of an investment of 19.6% of Millicom International Cellular S.A.
- Advising Air France-KLM on the tax aspects of the negotiation of a strategic cooperation agreement entered with CMA CGM, setting forth the terms and conditions of their major long-term and exclusive partnership in global air cargo.
Weil, Gotshal & Manges LLP
Weil, Gotshal & Manges LLP's tax practice has a primary focus on transactional tax work, specifically the tax structuring of M&A and private equity matters. The team is sought after by private equity funds and infrastructure funds for advice on on transactions, including capital development and large-cap transactions and reorganisations. Edouard De Lamy is a key name for private equity M&A tax matters, as well as advising on estate planning, income and wealth tax matters. Lamy jointly leads the practice with Benjamin Pique, who joined from Ernst & Young Société d'Avocats and has expertise in the tax aspects of leveraged buy-outs, multi-jurisdictional tax structuring, complex carve-outs, post-merger integration and tax modelling.
Practice head(s):
Edouard de Lamy; Benjamin Pique
Key clients
Montagu Private Equity
Eurazeo
Eurazeo Infrastructure
Groupe Casino
Groupe Paprec
Adagia Capital Europe
Clayton Dubillier & Rice
Infravia
3i
Capza
Bridgepoint
Ardian
Work highlights
- Advised Clayton Dubillier & Rice on the acquisition of the Atalian business in the UK and in Asia.
- Advised Eurazeo and Infravia in the context of the sale of Reden Solar to a consortium of investors comprising Macquarie, Munich RE and British Columbia.
- Advised Group Casino on the various tax aspects of its debt restructuring.
White & Case LLP
The tax practice at White & Case LLP is well equipped to advise clients on the tax aspects of financing and corporate and capital markets deals, as well as real estate and private equity operations. The group is well placed to assist with the firm's wider transactions work, handling contentious and non-contentious mandates, as well as acting for HNWIs. Alexandre Ippolito, who specialises in acquisitions structures and group restructurings, jointly leads the practice alongside Estelle Philippi, who has significant expertise in matters related to management investment packages.
Other key lawyers:
Sarah Kouchad
Testimonials
‘Very technically competent team. It stands out from other firms by its availability, its responsiveness, and its ability to express complex issues very clearly (in particular Estelle Philippi). ’
‘Highly technical professionals, but with a personal touch’
‘Alex Ippolito is an outstanding tax partner. He has all of the technical expertise you would expect from a senior partner in Big Law, but is also such a delight to work with.’
‘Sarah Kouchad demonstrated commitment and flawless professionalism in the face of a situation of extreme complexity and very strong pressure given the stakes. She was instrumental in upgrading and resolving all the tax problems encountered by the group thanks to a pragmatic approach to the various subjects.’
‘A pro-active team, highly technical and very available.’
‘The complexity of this file and the success achieved clearly show that White & Case and its tax team are among the leading firms on the market.’
Key clients
HY24
Catella
BNP Paribas
Eurazeo
MACIF
Forvia Faurecia
Carlyle
Cathay Capital
Orpea
Bouygues
RTL
Angelo Gordon
Altitude Infrastructure
Macquarie
Luko
Mazarine Group
SES-imagotag
Focus Entertainment
Biosynex
Cosfibel
Work highlights
- Represented Orpea in connection with agreements between Orpea and its main financial partners and banks to secure financing for the group through a conciliation procedure in France.
- Represented SG-FORGE on the launch of EUR CoinVertible, a digital asset developed and administered to maintain stablecoin value.
- Represented Caisse des Dépôts et Consignations in its equity investment in JP Energie Environnement.
Ashurst LLP
The tax practice at Ashurst LLP stands out for its ability to leverage the expertise of practitioners across the firm's network. Core areas of focus for the practice include private equity transactions and financing, M&A transactions and real estate transactions. Emmanuelle Pontnau-Faure leads the team and regularly advises clients on the structuring, reorganisation, financing and implementation of domestic and cross-border transactions.
Practice head(s):
Emmanuelle Pontnau-Faure
Testimonials
‘Vet commercial and practical tax advice. Not merely technical.’
‘Emmanuelle Pontau-Faure has been a trusted adviser for several years.’
‘The French tax team is pro-active and has been incredibly helpful with some very complicated tax questions. No tax question is too challenging for this team! They will deliver candid and commercial advice. ’
Key clients
Dyal Capital Partners
Sevetys (Vet Dev Group)
La Française REM
Crédit Suisse
Caravelle
M&G Real Estate
LGT Private Debt
Manulife
Work highlights
- Advised Dyal Capital Partners on a strategic minority investment in PAI Partners realized through its latest fund Dyal Capital Partners V.
- Assisted La Française REM, as management company, on behalf of Korean investors, with the acquisition and the financing of a portfolio composed of last mile logistics buildings located in France and Spain rented to Amazon.
- Advised the founders of Sevetys on the disposal of Sevetys to Eurazeo.
August Debouzy
Practice head(s):
Xavier Rohmer; Philippe Lorentz
Other key lawyers:
Clara Ferrari
Testimonials
‘A dynamic, responsive and inspired team, personalised service.’
‘Excellent analysis and documentation produced.’
‘Xavier Rohmer and Clara Ferrari – wise and appropriate advice for each specific case.’
Key clients
Siemens AG
Liu Jo
Fondation Eurazero
Fondation Partage et Vie
Trigano
Robeco France
Devoteam
Ogury Ltd
SIA Partners
Groupe Cahors
ABF
Bijoux Burma SAS
Botify
Cathay Capital
Charles River
Compagnie d’Affrètement et de Transport
Covea
CPI Global
Onet
Eyrolles
GDE Ecore
IPSOS
IST Cardiology
Laboratoires Grimberg
Labvantage Limited
La maison Bleue
Micropole
Thibierge & Comar SA
TNP Consultants
Valtech
XMCO Partners
Yohji Yamamoto
5M Ventures
VH 15 Notaires
Work highlights
- Assistance to Trigano with the acquisition of Bio Habitat from Béneteau.
- Assistance to Goal Acquisitions Corp. in its business combination (IPO) with Digital Virgo Group.
- Assisted Hyperlex in the tax structuring of a transaction.
AYACHE
AYACHE's team handles the tax aspects of M&A and is also active in the sports industry, advising professional sports clubs, associations and federations on their tax issues. Bruno Erard jointly leads the practice with Jacques Messeca . Also supporting the team is Laurent Bibaut, who is a key name for sports-related tax matters.
Practice head(s):
Bruno Erard; Jacques Messesca
Other key lawyers:
Laurent Bibaut
Testimonials
‘One of the best teams in Paris’
‘The Ayache firm and particularly Jacques Messeca have incomparable experience and knowledge of tax law. Their capacity for adaptation and strength of proposal on complex subjects of tax law involving varied scopes such as M&A, commercial, contractual or purely tax disputes make Ayache a leading advisor.’
‘Their availability at any time and responsiveness make it possible to effectively deal with events that are sometimes unexpected and a source of tension, particularly on matters of tax disputes. ’
‘Jacques Messeca has an incomparable capacity for adaptation, unrivaled availability and a strong ability to measure the balance of strengths and weaknesses on complex cases involving several parties and requiring technical arbitration and a pragmatic approach to the tax challenges that the client may face.’
‘Whether it concerns tax disputes, commercial, financial or contractual disputes, Jacques Messeca has incomparable skills in procedural strategy.’
‘Team available, attentive, knows how to make tailor-made products. Good quality of service’
‘Bruno Erard is an experienced lawyer, clear, has a good spirit of synthesis, good interpersonal skills’
Key clients
SAGARD
ICG – INTERMEDIATE CAPITAL GROUP
SOLO GROUP
TOWERBROOK
UPPERSIDE CAPITAL PARTNERS
FOUNDERS / GROUPE OPEN
CAPZA
BDGS Associés
The tax practice at BDGS Associés works closely with the firm's M&A practice to provide comprehensive transactional tax advice on M&A transactions, public offerings, private equity and restructurings. Outside of the M&A sphere, the team also advises on the structuring and financing of real estate activities, private equity, HNWIs and tax litigation. Practice head Guillaume Jolly's 'skills are not limited only to the transactional aspects of files but also involve a strong knowledge of corporate finance and personal taxation'.
Practice head(s):
Guillaume Jolly
Testimonials
‘Very proactive vis-a-vis clients with a deep technical understanding.’
‘Guillaume Jolly and his team are very pragmatic and try to find the efficient solutions for clients.’
‘Guillaume Jolly’s skills are not limited only to the transactional aspects of files but also involve a strong knowledge of corporate finance and personal taxation. ’
‘Very technically strong and very available. Top service.’
‘Great competence, conciseness and clarity, efficiency and responsiveness.’
Key clients
Crédit Agricole Assurances (Predica)
McArthurGlen
Opengate Capital
French State / Caisse des Dépôts et Consignations
Bouygues Telecom
Engie
EIM Capital
Total
SNCF
EPIC Bpifrance
Sagard
CMA CGM
Canal +
ADEME Investissement
Evolis
Work highlights
- Advising Crédit Agricole Assurances (Predica) as part of an internal reorganisation of the transfer of all assets and liabilities attached to Predica’s retirement business for a total value of approximately EUR18,100,000,000 to another affiliate of CAA fully dedicated to this business, namely Crédit Agricole Assurances Retraite.
- ]Advising LBP on the reorganisation of LBP’s insurance branch via the establishment of an overarching division to wholly own and group its insurance subsidiaries, in order to set up a single insurance vehicle for the LBP group.
- Advising Evolis on its acquisition by HID Global (HID), an American manufacturer of secure identity products owned by Assa Abloy.
Cazals Manzo Pichot Saint Quentin
Specialist boutique law firm Cazals Manzo Pichot Saint Quentin is praised for its 'very good understanding of business issues and the dynamics of M&A, PE and venture operations'. Clients includes corporations, investment funds, financial institutions, executive and management teams and individuals. The team is jointly led by Thomas Cazals, Maxence Manzo, Romain Pichot, Bertrand De Saint Quentin, Pierre Ullmann and Xavier Colard.
Practice head(s):
Thomas Cazals; Maxence Manzo; Romain Pichot; Bertrand de Sant-Quentin; Pierre Ullmann; Xavier Colard
Testimonials
‘Extensive experience in transactional taxation, with creativity and perfect knowledge of market practice. The team is very responsive.’
‘Bertrand de Saint-Quentin is an outstanding tax expert, with rare technical qualities in the market. His tailor-made support for LBO operations is a valuable asset in an operation.’
‘Very efficient and reactive.’
Key clients
Axa
Serris REIM
AIG
Natixis
Thelem Assurance
Andera Partners
Novaxia
Apicil
Opteven
Qonto
Groupe Rougnon
Ardian
Scalian
BPCE
Eternam
Infodis
Biose
Spartner
Data 4
Looping
Natural Grass
Sodikart
Natixis
Picture Asset Management
Mata Capital
Neverhack (ex. Pr0ph3cy)
Ayor
Atalian
Cafeyn
Work highlights
- Advised neobank Qonto on its acquisition of Penta Group.
- Advised the CEO and the management team on its LBO with Wendel.
- Advised the CEO and the management team on its acquisition By Brookfield to AXA.
Cohen & Gresser LLP
Cohen & Gresser LLP's tax practice advises individuals and corporates on international tax issues, particularly for clients from the real estate, engineering, fashion, financial services, insurance, hospitality and accounting sectors. Other areas of practice include advising on tax matters related to corporate tax, private client tax issues, tax litigation and real estate tax structuring. Franck Le Mentec has experience advising on the tax aspects of M&A, real estate, investments for private clients and tax planning related to immigration.
Practice head(s):
Franck Le Mentec
Key clients
Laboratoire Native
Owkin Group
Impala Group
Famille Bataille
Apple Tree Group
FORACO
TP Ferro Concessionaria SA
WineChain
Faircraft SAS
Eiffel Investment Group
Biomillenia
Galeries Bartoux
Inovarion
Pharmadiem
Sogedev
PNO Consultants
Intersec
UBS AG
Delaby Dorison Avocats
The client roster of the tax team at Delaby Dorison Avocats includes private equity houses, individuals and corporates. The team utilises its expertise in private equity and M&A transactions to assist clients with the entire M&A process, including vendor due diligence, management packaging, negotiating, structuring, the negotiation of SPAs and tax structuring. Emmanuel Delaby advises on the tax aspects of corporate transactions, particularly LBOs and jointly leads the practice with Sophie Dorison who manages the individual tax matters. Romain Hantz and Florian Tumoine were promoted to the partnership in 2023.
Practice head(s):
Delaby Emmanuel; Dorison Sophie
Testimonials
‘Emmanuel Delaby: responsiveness, precision, understanding of complex situations.’
‘Florian Tumoine: availability, reliability, understanding of the accounting and financial issues of the transaction, multidisciplinarity ’
‘Technical knowledge of tax subjects by offering several solutions. Responsiveness and dedication during negotiations.’
Key clients
Trescal
Galileo Global Education
Tiama / Kestrel vision
Motion Equity Partners
Ardian
Crouzet
Technology & Strategy
Le Bronze Alloys
DPSA
Alixio
Dentons
The team at Dentons advises on matters related to transactional tax, real estate tax, transfer pricing, individual tax, charities and not-for-profit tax issues. The team is a popular choice for clients in the the luxury goods, cosmetics, W&I insurance, biotechnology and medical devices sectors. Practice head Gianluca Calisti is an experienced transactional tax lawyer, with specific expertise in the real estate sector. Sandra Hazan is a key name for restructuring and transfer pricing policy advice; Julien Le Guyader focuses on pharmaceutical tax disputes and transactions; and Jérôme Le Berre has strong knowledge of the life sciences sector.
Practice head(s):
Gianluca Calisti
Other key lawyers:
Sandra Hazan; Jérôme Le Berre; Julien Le Guyader; Laurence Clot
Testimonials
‘Team strengths: Excellent knowledge of the industry and technical specificities. Strength of proposal, responsiveness, availability, follow-up of files.’
‘Julien Le Guyader – Beyond the quality of his advice and knowledge, he stands out for his availability and accessibility.’
‘Multi-disciplinary teams are even able to support their clients in all the subtleties of the different rights.’
‘Professional knowledge of the client – Strength in listening and sharing’
‘Think out of the box, innovative ideas, high level of availability, great communication, a can-do attitude which translates into clear, precise and successful action plans.’
Key clients
The founders of Valiantys
FUJIFILM group
Daiichi Sankyo
Groupama Gan REIM
CTC Mining
ITM Entreprises
Palladium/Papillon Group
Laboratoires Théa
Interparfums Inc.
Foncière du Rond Point
B2Gold Corp.
Eurasian Resources Group (ERG)
Veolia
Work highlights
- Advised ITM Group (Intermarché – Groupement des Mousquetaires) on the tax aspects of the acquisition of approx. 180 shopping centers from the Casino Group retail group.
- Advising Palladium Group on the restructuring of its corporate structure.
- Advised Europastry on the tax aspects of its acquisition of Dawn Foods Frozen.
Herbert Smith Freehills LLP
In addition to assisting clients with day-to-day tax management, the tax team at Herbert Smith Freehills LLP also handles matters related to M&A, real estate tax and banking and finance tax. The team is also equipped to handle dealings with the tax authorities and litigation proceedings before national and European courts. Leading the team is Bruno Knadjian, who is a key name for transaction tax with expertise spanning business transfers, acquisitions and disposals of real estate and cross-border securitisations.
Practice head(s):
Bruno Knadjian
Other key lawyers:
Romain Martinez
Testimonials
‘Strengths: – responsiveness – availability – communication – impeccable execution of tax work ’
‘Bruno Knadjian and Romain Martinez who stand out for their sense of customer service and the quality of the work rendered.’
‘Very professional, efficient and pragmatic team. HSF always responds quickly to our expectations, finding innovative solutions that can be applied in practice.’
Key clients
AFD Technologies
Amarenco Solar Limited
Air Liquide
Boluda
Capgemini Engineering (former Altran Technologies)
CDS Group
Cellnex Telecom
Easyjet
EssilorLuxottica
Eurazeo
Gras Savoye Willis Towers Watson
Green Investment Group
Groupe Aéroport de Paris (ADP)
Groupe BPCE
Groupe SEB
Hartwood
La Française Real Estate
Latécoère
Marex
MCA Group
Nexity
Norske Skog Golbey
OneWeb (Bharti Group)
Oracle France
Pearl Infrastructure Capital
SAMSIC
SoftBank Robotics Group Corp. (SBRG)
SOS Oxygen
Stago
Teleperformance
Tikehau Capital
Veolia
Work highlights
- Advised OneWeb on the tax aspects of its proposed combination with Eutelsat Communications.
- Advised on the share capital increase and issuance of convertible bonds by Amarenco Solar Limited to the benefit of a new investor for an amount of c. €200 Million, plus a mezzanine loan of up to c. €100 Million.
- Advised Tikehau Capital, a French major finance and asset management company, on the acquisition of Hôtel California.
Jeantet
Jeantet‘s tax practice is regularly entrusted by clients in the food, real estate development, private banking, entertainment, capital investment, merchant banking and luxury goods industries. The team handles corporate tax, asset tax and litigation. Jacques-Henry de Bourmont heads up the team, assisting domestic and international companies and investment funds with their tax matters. Gabriel Di Chiara is also a key member of the team. Vincent Lazimi joined the team in February 2024 from DWF (France) AARPI.
Practice head(s):
Jacques-Henry de Bourmont
Other key lawyers:
Gabriel di Chiara; François-Xavier Simeoni; Vincent Lazimi
Testimonials
‘Excellent availability of the team. High technicality of the advice provided. Excellent expertise report / invoicing. Good use of technologies ’
‘Timely and clear advice (especially when it comes to dealing with the complexities of the French tax system) is what makes the firm one of the best in town. ’
‘François-Xavier Simeoni stands out for his ability to provide excellent advice no matter how urgent the matter is.’
‘Tax people at Jeantet have an excellent technical base of French and international tax issues, being at the same time also very business oriented.’
‘François Xavier Simeoni is an outstanding and brilliant professional, available and open-minded.’
‘It’s a pleasure to cooperate with them when dealing with French tax questions on a cross-border basis.’
‘Availability, proactivity, ease of collaboration with other professionals.’
‘Very good, responsive, available and constructive team.’
Key clients
Sartorius AG
Apollo Global Management
Omnes Capital
Otium Capital
GIFI
LBO France
Groundswell Initiative
Sabena Technics
Bey Medias
Jeausserand Audouard
At Jeausserand Audouard, the tax team assists clients with the negotiation and structuring of LBOs and IPOs. The practice is also instructed by families and family offices to advise on corporate and family governance, including succession issues. The practice is jointly led by Jérémie Jeausserand, Tristan Audouard, Carole Furst, Pascal Gour and Sarah Espasa-Mattei.
Practice head(s):
Jérémie Jeausserand; Tristan Audouard; Carole Furst; Pascal Gour; Sarah Espasa-Mattei
Key clients
PARTEDIS
SIMAGO
ADIT
UNIVET
ATELIER DES CHEFS
GROUPE LAF SANTE
NUTRIMUSCLE
HOLWEG WEBER
GROUPE EXXELIA
AKIEM
MEDIASCIENCE
SENSTRONIC
A2MAC1
CLAYENS
APRIL
SAUR
SIMPLICITI
CENEXI
MAZARINE GROUPE
COMPAGNIE DES DESSERTS
IH GROUPE
CINE DIGITAL
LINXEA
CORIANCE
Work highlights
- Advised the top management of A2MAC1 on their LBO.
- Advised the top management of APRIL on their LBO.
- Advised the top management of SAUR on their LBO.
Jones Day
Typical mandates for the tax team at Jones Day include advising on financing rounds, equity incentives and M&A. Other areas of practice include assisting with the tax aspects of funds formations and investments, including private equity, real estate and venture capital, and advising on capital markets transactions. Emmanuel de La Rochethulon has significant experience advising clients on the tax structuring of M&A transactions. He jointly leads the team alongside Nicolas André, who is a key contact for technology and venture capital clients.
Practice head(s):
Emmanuel de La Rochethulon; Nicolas André
Testimonials
‘Technical excellence, availability.’
‘An extremely involved and creative team with a level of expertise without comparison. A game changer on complex cross-border files with real pragmatism.’
‘A very professional and responsive team, expert and quality advice’
‘Nicolas André is responsive and has very good knowledge of the French-American aspects of taxation’
Key clients
Sanofi
Deezer
Simpson Manufacturing
Electricité de Strasbourg
EcoVadis
Armor SAS
TotalEnergies
Amolyt Pharma
Pigment
Swile
BRUT MEDIA
Forseti SAS
OpenClassrooms SAS
King & Spalding LLP
King & Spalding LLP‘s tax practice covers a range of issues arising from business transactions, including both public M&A and private equity. The team works closely with the firm’s real estate practice on property acquisitions and equity and debt financing. Aurélia De Viry is experienced in advising private family offices in relation to patrimonial tax; she jointly leads the practice with Olivier Goldstein, who is an experienced tax litigator and is active in the life sciences sector.
Practice head(s):
Aurelia de Viry; Olivier Goldstein
Testimonials
‘Ability to deal with all tax matters while being able to be very specific when necessary.’
‘Aurélia de Viry: extremely dynamic, educational, great ability to adapt to the needs of the files.’
‘Responsive and professional ’
‘Availability and ability to search for solutions.’
‘Aurélia de Viry: Available and proactive, solution-oriented.’
Key clients
Brainwave
Almerys
LBO France
Spring Holding SAS
Bridgepoint
Work highlights
- Advised the founder and controlling shareholder of Almerys on the exclusive negotiations with European private equity fund EMZ Partners in connection with a buy-out transaction on Almerys, which valued 100% of its equity at approx. €430 million.
- Advised the three founders and shareholders of Brainwave GRC on the sale of its 100% of the share capital and voting rights of Brainwave GRC to Radiant Logic.
- Advised LBO France on its acquisition of a minority stake in Mazarine Group, alongside Mazarine’s founder and majority owner, Paul-Emmanuel Reiffers, managers of the group, FG Bros, and another private equity lifestyle fund.
KPMG Avocats, France
The team at KPMG Avocats, France is experienced in advising on the tax aspect of M&A and also handles matters related to international tax, R&D tax credits, VAT, customs and international trade and transfer pricing. Mustapha Oussedrat and Christophe Bergerot jointly lead the practice, and stand out for their expertise in M&A tax issues and tax structuring. Other names to note include Sophie Fournier-Dedoyard, Mathieu Gautier, Xavier Houard and Jérome Talleux for transactional tax and Stéphane Chasseloup, who focuses on customs issues. In 2023, the practice welcomed Valentin Lescroart, who was previously with FIDAL, and Lori Whitfield from Grant Thornton Société d’Avocats. Elfie Ossard-Quintaine left the firm.
Practice head(s):
Mustapha Oussedrat; Christophe Bergerot
Other key lawyers:
Sophie Fournier-Dedoyard; Mathieu Gautier; Xavier Houard; Jérome Talleux; Stéphane Chasseloup; Valentin Lescroart; Lori Whitfield
Key clients
Carrefour
Michelin
Igneo Infrastructure Partners
Wendel
L’Oréal
Amarenco
Derichebourg
Wienerberger
Plastic Omnium
Macquarie Asset Management
Charterhouse
Work highlights
- Advised the French second largest retail group, Carrefour, on the €1bn acquisition of Cora France and Match France (175 hyper and supermarkets).
- Advised Igneo Infrastructure Partners on the €1.6bn sale of Coriance Group, France’s fourth-largest heating network, to Caisse des Dépôts allied to Vauban Infrastructures Partners.
- Advised L’Oréal on the tax, transfer pricing, VAT, customs, and labour law aspects of the €2.3bn acquisition of the Australian premium cosmetics brand Aesop from Natura & Co.
LPA-CGR avocats
The tax practice at LPA-CGR avocats is a popular choice for domestic and international companies, investment funds, private and real estate investors and family for acquisitions, investments, restructurings and transfers. It has notable expertise in the real estate, energy and pharmaceutical sectors. Mathieu Selva-Roudon leads the team, which also features real estate tax expert Sandra Fernandes; Bertrand Galvez who is active in the energy sector and Martine Blanck-Dap, who is well versed in handling wealth tax and wealth management matters.
Practice head(s):
Mathieu Selva-Roudon
Other key lawyers:
Sandra Fernandes; Bertrand Galvez; Martine Blanck-Dap; Sarah Kesy
Testimonials
‘Sandra Fernandez is very responsive and pleasant to contact. She always offers solutions to move forward and is a deal maker, while remaining extremely rigorous. ’
‘Sarah Kesy is very efficient.’
‘Sandra Fernandes: very good knowledge of the real estate sector. Very constructive, business oriented. Very high availability, very smooth operation.’
‘Simplicity and efficiency of exchanges’
‘Mathieu Selva-Roudon stands out for his technical skills and availability. Excellent interactions with other advisors.’
‘Diversity of skills within the same firm.’
Key clients
mph gs
tikehau ace capital
pharmanet
union investment
berlin hyp ag
groupe manitou
laboratoires delbert
francaise de l energie
mitem pharma
gifi
Opleo Avocats
The tax practice at Opleo Avocats is regularly instructed on matters regarding tax and structuring advice for large LBO transactions, acquisitions, company formations, strategic investments and personal estate matters. It also handles tax controversy matters and has proven experience dealing with French tax regulatory authorities. The practice is led by founding partner Pierre-Olivier Bernard.
Practice head(s):
Pierre-Olivier Bernard
Orrick
Orrick handles a range of matters spanning disputes, investigations, M&A and private equity transactions, reorganisations, as well as matters related to warranties and indemnities. Highly regarded tax litigator Laurent Olléon heads the practice and leads on the team’s tax controversy matters. Jessie Gaston is also a name to note and is well versed in handling private equity corporate transactions and attendant tax risk. Anne-Sophie Kerfant left the firm in early 2024.
Practice head(s):
Laurent Olléon
Other key lawyers:
Jessie Gaston
Testimonials
‘A tax team specialising in tax litigation, dealing with extremely complex subjects with almost unique expertise on the market. The work is based on a real partnership with the client, made of dialogue and in-depth exchanges, with a great open-mindedness and a remarkable strength of proposal.’
‘The strength of the team lies in its ability to analyze, anticipate and propose alternative solutions.’
‘Technical ability and responsiveness’
‘Jessie Gaston was very responsive and pre-active in co-ordinating global advice for our client and managing other stakeholders. Technically her feedback was also very clear and addressed our questions in a timely manner.’
‘On the tax law side, the Orrick team knows how to make itself quickly available when we need a consultation. The team is responsive and competent.’
‘Orrick is a renowned firm that is among the best in the world in my opinion. The quality of service provided is always excellent and is delivered on time. Orrick’s strengths and assets are its responsiveness, flexibility, high level of professionalism, excellent quality of advice, and an exceptional level of negotiation with our investors and portfolio companies.’
‘Dynamic and flexible team, always attentive to meet the needs of its clients.’
Key clients
3i Infrastructure
AIG Europe
Akiem
Alan
Anaplan
Antin Infrastructure
Ardian
Axa-REIM France
Berkshire Hathaway Specialty Insurance
BNP Paribas
Boralex
Bouygues Construction
BPCE Group
Cajoo Technology SAS
Cisco Systems
Claranova
Dassault Systèmes
Dataiku
DIF Infrastructure
EOS Holding
Eurofiber
Groupe Vendome
Hachette Livre
Intermarché
L’Oréal
LVMH
Maybourne Hotels Group
Natixis
On.to
Pasqal
Renault
RTE
SEB Group
Sequans Communications
Stokke AS
Sellsy
SIACI Saint Honoré
SNCF
Société Générale
Sorare
Tenergie
Tokio Marine hcc
Vivendi
Wildenstein
Work highlights
- Advises VMWare on the French tax and comp and benefits consequences of its merger with Broadcom.
- Advised Ardian Infrastructure on the €1.4 billion acquisition of a majority stake in GreenYellow from Groupe Casino, Tikehau Capital and Bpifrance.
- Representing BNP Paribas Arbitrage in a major corporate income tax dispute covering matters of high complexity: tax credits on foreign income, withholding tax on the so-called “CumCum” transactions, deemed distributions and transfer pricing.
Racine
The broad offering of tax team at Racine includes advising on corporate tax, individual tax, litigation and tax assessments. Core areas of focus for the team are the retail, entertainment, real estate and technology sectors. Xavier Rollet, who specialises in the taxation of shareholders, family businesses and executives, transactional tax specialist Fabrice Rymarz, and tax litigator Marc Pelletier are the practice heads.
Practice head(s):
Xavier Rollet; Fabrice Rymarz; Marc Pelletier
Testimonials
‘Responsive and competent’
‘Xavier Rollet: responsive, professional, available.’
‘Xavier Rollet – our best tax lawyer in France.’
‘Great knowledge and professionalism.’
Key clients
Maus Frères
Essilor Luxottica
Ellisphère
Nexity
Olympique de Marseille
Iconoclast
FM logistics
EDF
Primonial
NW Energy
Bee2Link
Tristan Capital Partners
VoltAero
ARA Europe (former InfraRed Capital Partners)
Bain Capital Credit
Weinberg Capital Partners
Babilou
SUEZ Group
G.A.C. Group
Coliving Factory
Work highlights
- Advised FASI on the tax aspects of a secondary leveraged buyout on Financière Canella (holding company of SMRD-BAT 92 and Harmonie).
- Advised VoltAreo on tax aspects in connection with a fundraising aimed at its business’ growth.
- Advised the founder and managers of the Bee2Link group on all tax issues in connection with its acquisition by Cosmobilis.
Scotto Partners
Boutique law firm Scotto Partners handles corporate transactions, private equity transactions, corporate restructurings and equity incentives. Jérôme Commerçon specialises in the tax aspects of LBOs and M&A transactions and heads the practice alongside tax structuring specialist Emilie Renaud, who joined the firm in March 2023 from Gowling WLG.
Practice head(s):
Jérôme Commerçon; Emilie Renaud
Key clients
Diot-Siaci
Greenyellow
Calderys (Imerys HTS division)
Arkopharma
Linxis
MailinBlack
Lapeyre
Doctrine
Babcock Wanson (Acquisition of Parat)
Babcock Wanson (Acquisition of PBS Power Equipment)
EY Adameo
BPI France
Société Générale Capital Partenaires
Quick
Synvance
Upslide
+Simple
Courir
Viguié Schmidt & Associés
Viguié Schmidt & Associés' tax practice is well regarded for its work advising on the tax aspects of M&A transactions, private equity transactions and corporate reorganisations. Core sectors of focus are media, insurance, pharmaceutical and life sciences. Christel Alberti leads the practice and is supported by Maxence Dubois.
Practice head(s):
Christel Alberti
Other key lawyers:
Maxence Dubois
Testimonials
‘Ability to cover a variety of tax topics, including personal/management package topics. Ability to adapt to the client’s specific situation and find appropriate solutions.’
‘The use of modern technologies is applied in a relevant manner to improve our exchanges and collaboration, without adding unnecessary complexity.’
‘Christel Alberti is an outstanding lawyer whose listening and understanding skills are extraordinary. ’
‘The VS&A team is particularly clear, precise and available. The exchanges are fluid, efficient, and all the members of the team we have met are keen to understand our issues and respond to them as best as possible. ’
‘We work in particular with Maxence Dubois on the tax issues that we encounter in our activities. His extensive mastery of sometimes very technical issues allows him to provide us with perfectly clear and relevant advice, allowing us to make decisions with confidence. His ability to listen and his mastery of detail gives us total confidence and we obviously wish to continue our collaboration with him.’
‘I find the team very available to listen to our problems and provide rapid responses.’
Key clients
Alstom
Nextstage AM
Galeries Lafayette group
Sonepar
Ellipse Projects
Teneo
Caisse des dépôts et consignation
Sony Music Entertainment France
Calcium Capital
HiPay Group (listed on Euronext)
Fimalac Entertainment
Sonepar
Alter Equity
LPCR Groupe (Grandir)
LBO France
Headline (e.ventures)
Astanor
Darewise
IVP (Institutional Venture Partners)
Media Participation
Work highlights
- Advised Sonepar on the acquisition of a controlling stake in Alliantz, a French leading player in the photovoltaic market.
- Advised IVP on funding EUR 80m venture capital financing (Series C) of Pigment (based on a total valuation of EUR780m).
- Advised OTCex on the tax structuring of the sale of its brokerage activity and subsidiaries to Marex.
Willkie Farr & Gallagher LLP
The team at Willkie Farr & Gallagher LLP advises clients on a range of tax matters related to M&A transactions, IPOs, LBOs, corporate restructuring, as well as tax litigation. Philippe Grudé leads the team and has significant expertise in the areas of tender offers, stock and asset purchases and private offerings of securities.
Practice head(s):
Philippe Grudé
Key clients
Adagia Partners
Caisse des Dépôts
Intermediate Capital Group
InVivo Group
PAI Partners
Qualium Investissement
Unipex
Waterland Private Equity
Berrylaw
Practice head(s):
Pierre Bouley; Stephanie Desprez; Paul-Marie Schneider
Testimonials
‘The whole team is pleasant and efficient, only compliments to be given’
‘Paul-Marie Schneider. Tremendous efficiency and availability’
‘Berry Law is once again one of our privileged partners due to its availability and responsiveness which are praised both by our clients and by our institution. ’
Key clients
DELPHARM
LEGAL2DIGITAL
SKEEPERS
IMAWEB
PHENIX GROUP
GREEN BIG
OLAQIN
Work highlights
- Advised Delpharm on the acquisition of drug manufacturing activities located in Meppel, Netherlands.
- Assisted SKEEPERS GROUP with the creation of the Skeepers group when it was acquired by the Providence Strategic Growth investment fund in 2019 and in all its external growth operations (9 acquisitions over the last 3 years).
- Advises AMAZON STUDIO on the management of the French tax incentive on international production for its French projects.
Chammas & Marcheteau
Practice head(s):
Christophe Moreau
Other key lawyers:
Morgan Toanen
Testimonials
‘A team of seasoned professionals with a strong international culture. Particularly attentive and proactive. Great availability of both partners and collaborators. ’
‘Christophe Moreau – very in-depth expertise on niche subjects.’
‘Morgan Toanen: unparalleled availability and support. ’
Key clients
CS Group
Gamned
Sodero Gestion
Azulis Capital
Bpifrance
Extens
Xelya
Epopée Gestion
SEB Alliance
ISAI
Shift4Good
Andera
Iris Capital
Anaxago
Compagnie Lebon
Work highlights
- Advised CS Group, a company listed on Euronext Paris, on the tax aspects of its change of control to Sopra Steria
- Advised Bpifrance on the acquisition (secondary LBO) by MML Capital of Freeland.
- Advised Shift4Good on the tax structuring of its first impact fund Shift4Good Fund 1 SLP (Sustainable mobility and Circular economy).
Couderc Dinh & Associés
Practice head(s):
Christian Couderc; Emmanuel Dinh; Hervé-Antoine Couderc; Denis Fontaine-Besset; Alexandre Henry
Testimonials
‘Emmanuel Dinh, who in addition to being an associate is a university professor, is an excellent technician. Alexandre Henry is an extremely competent and dynamic young associate. Bertrand Darènes, their colleague, is a good technician, ultra responsive and very pleasant. ’
‘The lawyers at Couderc Dinh are very specialized and work together as a team. Which makes the exchanges extremely professional and efficient. The proximity of the associates to the customers is quite remarkable without forgetting the very short reaction times.’
‘Frédéric Bucher for his exceptional skills in M&A Emmanuel Dinh for his skills in tax law Christian Couderc for his skills in tax law, corporate tax law as well as M&A’
Key clients
Karl Lagerfeld Heirs
HM Finance and Hervé Matuszewski
Kitsuné
Groupe CA Traiteur & Salaisons
Gilbert et Thierry Costes
Manitoba Capital
Ismail Family
Flageul Family
Chavaz Family
Work highlights
- Advising the Kitsune group and its directors for two years on wealth and corporate tax issues in France and abroad.
- Assisting the Karl Lagerfield heirs with the succession of Karl Lagerfeld, which involves the resolution of a major tax dispute (probably the most sensitive of the moment, both in terms of its financial stakes and its political aspects).
- Assists Arnaud Mulliez, son of Gerard Mulliez funder of the largest distribution group in France, with his private equity activities.
De Gaulle Fleurance & Associés
Practice head(s):
Henri-Nicolas Fleurance Paris; Bruno Lunghi Paris; Vincent Schmitt
Degroux Brugère
Practice head(s):
Nicolas Ballet; Denis Brugère; Philippe Delattre
Testimonials
‘Extreme competence and great professionalism’
‘Me Philippe Delattre has had my complete confidence for several decades now’
‘The team is relevant in its advice. Available, pragmatic and responsive, it stands out from large firms because its opinions are not 15 pages long with ultimately a tree of possible solutions; which obviously leads to further consultations. finally, these partners are able to have both a legal, tax and financial vision’
‘Philippe DELATTRE is our correspondent. However, the qualities outlined above have over time built the firm’s culture. It is therefore for us all the partners and in particular, one of the founders (Denis BRUGERE) as well as their collaborators who have these qualities.’
‘Highly competent, solution oriented ’
‘Philippe Delattre, a great professional’
Key clients
COFIS
Charmont
ATHYS
FILITOSA
RIVIERE
Namychta
Gaia Conseils
CHELSEY
Bluestone
Groupe Cassiopéa
Management 55
Work highlights
Delsol Avocats
Practice head(s):
Jean-François Defudes; Mathieu Le Tacon; Julien Monsenego; Frédéric Subra
Testimonials
‘availability and expertise’
‘They are very attentive, very reassuring and very professional. they put themselves at our level and answer very complicated questions in a simple way. I recommend them 100% to the people around me. They responded to every area I needed’
‘Benoit Boussier: excellent on real estate issues. really very good Mathieu letacon. very good as a conductor. When I have a problem he is there to direct me to a specialist specialized in this subject. ’
Key clients
BNP Développement
Boostheat
Capelia
Comptoir Rhodanien
Dimotrans
France Nucléaire
Garibaldi Participations
Holnest
Maped
Warner Music
Zalando
Siparex
Work highlights
- Advised HOLNEST on the sale of the Olympique Lyonnais to Eagle Football Holdings LLC.
- Advised the sellers of Njuko in the context of its acquisition by the Japanese equipment manufacturer ASICS.
- Advised France Nucléaire, BNP Développement and Garibaldi Participations in the context of a MBO over F2A.
Desfilis
Practice head(s):
Eglantine Lioret; Valérie Farez; Thierry Lamarre
Testimonials
‘Eglantine Lioret stands out for her competence, speed, conciseness and availability.’
‘Greatly experienced team operating in diverse fields.’
‘Valérie Farez stands out for her keen understanding of subjects, her curiosity, her responsiveness and her availability.’
Key clients
Sicame
Neubauer
Bee2Link
Macif Innovation
Imv Technologies
KingStreet / Bowery Europe
Work highlights
- Assisted Sicame founding family alongside the Equistone investment fund in a Leveraged Buyout (LBO) for a Luxembourg turnaround fund
- Advised the bee2link group founders for the sale alongside M. Xavier Cotelle and the other shareholders of the bee2link group.
- Assisted the Neubauer Group with structuring wealth and planning for its transfer.
Eight Advisory Avocats
Practice head(s):
Guillaume Rembry; Hubert Christophe; Kevin Peau
Testimonials
‘Availability, effectiveness/efficiency, pragmatism and relevance of advice and conclusions, excellent understanding of the issues.’
Key clients
3i infra
ADIT Group
Advent
Airbus
Ardian
Bain Capital
BC Partners
BPost
Capza
CDiscount
Charterhouse
Chequers Capital
Total Energies
Crédit Agricole
Cube Infrastructure
Daher
Demeter
DIF
EDF
EDPR
Equans
Fedrigoni
For Talents
Funécap
Geodis
I Squared Capital
Imerys
Inetum
L’Oréal
Market Pay
Montefiore
Omnes Education
Otto Bock
OVH Cloud
Pernod Ricard
Plastic Omnium
Prédica
Santiane Groupe
Shell
Sofina
Spie
Talan
Tikehau
Vauban Infrastructure Partners
Waterland
Work highlights
- Advised Advent on the acquisition of Parfums de Marly and Initio Parfums Privés.
- Advised Geodis on the acquisition of Trans-o-flex.
- Advised Vauban Infrastructure Partners and Groupe Caisse des Dépôts on the acquisition of Coriance.
Fairway A.A.R.P.I.
Practice head(s):
Emmanuel Galifer
Testimonials
‘Fairway is a firm that specialises in real estate with the full suite of services from real estate to financing and taxation. This makes it possible to manage everything with a single firm and to have a superior quality of advice because the partners understand the file in its entirety. ’
‘The team is very responsive and dynamic, able to quickly understand our problems. They do not hesitate to think outside the box to help us find solutions in complex and emergency situations. Tecommendations made by the team are always enlightening and adapted to the context’
‘Emmanuel Galifer particularly stands out in that he knows how to put himself within the reach of non-tax specialists and explain a tax subject in such a way that it is understandable to everyone. He is very efficient and approaches the subjects with a lot of understanding, enthusiasm and involvement.’
‘This team manages to combine several qualities, that’s what makes it unique. A professional, responsive team, attentive to the customer.’
‘Emmanuel Galifer has a great ability to simplify sometimes complex concepts. He is also very pleasant and enthusiastic, which is rather rare.’
‘Beyond his undeniable technique and experience in real estate taxation, Emmanuel Galifer knows how to reassure his clients in all circumstances; he simply exposes the problems and the ways to resolve them with calm and discernment.’
‘Emmanuel Galifer: extremely reliable, concise, efficient lawyer. Knows how to simplify the subject, identify the essential issues to respond effectively and accurately to the problem.’
Key clients
Ag2R La Mondiale
Ares Management
Axa Real Estate
Cloud Hq
Dentressangle Initiatives
Generali
Groupe Les Etincelles
Icg (Intermediate Capital Group)
Intuitae
Jc Decaux Holding
Mercialys
Novaxia
Primevest Capital Partners
Stam Europe
Tikeau
Vivendi
FIDAL
Practice head(s):
Gaelle Menu-Lejeune
Other key lawyers:
Alexandre Joannin
Testimonials
‘Responsive to a wide range of issues ’
‘Respectful of the client, a great capacity to listen and take into account our specificities, specialized skills .’
‘Superior quality to the competition, good capacity for innovation and creation’
Key clients
SMABTP/MACSF
MACSF
Life insurance corporate entity (France)
Commerz Real AG
Adecco
Boehringer Ingelheim
Bayer
Somfy
Charles et Alice
GSE
Fieldfisher
Practice head(s):
Antoine Gabizon
Key clients
Groupe Cailleau
PHE (D’Ieteren Group)
Luxempart
Lepermislibre
Wakam Assurances
UNAGI
Repeat
moncourtierenergie
Carbios
Franklin
Practice head(s):
Jacques Mestoudjian
Testimonials
‘Very good tax team showing flexibility and agility.’
‘Jacques Mestoudjian is a partner of choice to handle all the tax issues of a PE investor. Very available and friendly, he knows his market perfectly.’
Key clients
Cube Infrastructure Managers
EFESO Consulting
Eurazeo
Groupe Diffusion Plus
Magellim
Moon Bidco – Isla Délice
Perwyn
Réalités
Sprint
Tikehau ACE Capital
Work highlights
- Advised Perwyn on the acquisition of Cruiseline.
- Advised EFESO Consulting on the acquisition of Tsetinis.
- Advised EFESO Consulting on the acquisition of Cognitive CompanionsArgo.
FTPA
Practice head(s):
Nicolas Message; Sophie Jouniaux
Testimonials
‘The responsiveness to process files and their flexibility to integrate a third-party team.’
‘Nicolas Message – creativity in tax matters.’
‘Very responsive, the team provides useful and practical advice.’
Key clients
Teoxane
Weezevent
Meridiam
Vinatis
Pozeo
Ykone
Dilitrust
GMD Group
NextStage AM
ArchiMed
Eiffage
Epicure Investissement
Groupe Rocher
Royal Bourbon
Meteo France
Safran
Unibel – Fromagerie Bel
Work highlights
- Advised the founders of Vinatis on the exclusive negotiation of the sale of their company to the Castel Frères group.
- Advised Dilitrust in the context of the investment of more than €130 million by Cathay, Eurazeo and Sagard in Dilitrust.
- Advised Archimed on the disposal of Clean Biologics
GALM Avocats
Practice head(s):
Pierre Appremont; Paméla Le Jeune
Key clients
AG Real Estate France
ATREAM
AXA Reim
Brockwell Capital Limited
Colliers Global Investors France
Coriolis
Crédit Agricole Immobilier (CAI)
Eternam
Goodman
Keys Reim
LBO France Gestion
Prédica
STAM Europe
Swiss Life Asset Managers France
Virtuo Property
Work highlights
- Advised Crédit Agricole Immobilier on the acquisition of Sudeco, a property management subsidiary of Casino Immobilier.
- Assisting AG Real Estate France in the sale of its stake in Campus Cristal to EDF Invest.
- Assisting Impulse with the legal and tax structuring of a club deal.
Grant Thornton Société d’Avocats
Practice head(s):
Stéphany Brévost; Anne Frede; Elvire Tardivon-Lorizon; Pascal Luquet; Thibaut Grange
Other key lawyers:
Guillaume Richard; Clervie Corvoisier
Testimonials
‘We were happy from GT’s work quality and meeting the deadlines.’
‘Guillaume Richard and Anne Frede – they were professional and met the filing submission deadlines.’
‘A team dedicated to Transfer Pricing, dynamic and competent, resolutely focused on advice and customer satisfaction.’
‘Exchanges and collaborations with other European offices are fluid and efficient.’
‘The project teams are efficient, equipped with effective coordination and collaboration tools.’
‘Being able to rely on this team in the tax field which is so complex and constantly changing is a major asset in order to best respond to the problems of my company’s clients. The professionalism and availability of this team are essential qualities allowing me to help my clients with their tax questions.’
‘Anne Frede and Clervie Corvoisier are two very professional lawyers, available and responsive. They listen and respond very quickly to problems encountered.’
Key clients
Caisse des dépôts et consignations (CDC)
Airvance Group
Azulis Capital
ChapsVision
Capgemini
Kiloutou
HOCHE AVOCATS
Practice head(s):
Eric Quentin; Eugénie Berthet; Christophe Lefevre; Mathilde Le Roy
Other key lawyers:
Zoé De Dampierre
Testimonials
‘Strengths: expertise, collaboration ’
‘The lawyers who particularly stand out in my opinion are Zoé De Dampierre and Eric Quentin. Their quality: their expertise, their listening to needs, their feedback/pooling of benchmarks, their intervention methodology, their pedagogy ’
‘Their team is comprised of lawyers who are specialized in various fields of law, ensuring that they can provide comprehensive legal solutions. They are also very responsive and they seem to be a really good clients’ friendly firm. ’
‘Mathilde Le Roy – a top flight practitioner. She is always reasonable and her judgment call is always reasonable. I’d like to continue to work with her and their team.’
‘Responsive, educational, available and a keen negotiator’
‘The main assets of the Hoche firm are the exceptional quality of the tax advice provided, a highly developed relationship of trust, and a very marked proximity.’
‘Eric Quentin – great listening skills, responsiveness, availability, very experienced, pragmatic solutions and excellent technical expertise on French tax issues.’
Work highlights
- Advises Derichebourg Group on the transfer of Derichebourg Multiservices to Elior Group.
Intervista
Practice head(s):
Laurence Bois
Other key lawyers:
Florian Brugière
Testimonials
‘The tax team is extremely competent in technical terms and is very educational in helping clients understand the issues/opportunities and risks.’
‘Intervista has very important areas of sectoral skills and experience, particularly international and audiovisual (including cinema). Collaboration between our teams is carried out in a fluid, transparent manner, with the quality of customer service being at the center of our attention.’
‘Laurence Bois is very available and very responsive, which is perfectly efficient in moving forward on issues for joint clients.’
Work highlights
- Assisting a film production in the context of a tax credit dispute.
- Assists a trade union dedicated to the musical and variety show in France with the French tax credit system applicable to live musical or variety shows companies (drafting of amendments, review of administrative comments, monitoring of litigation).
- Advised an international group specialised in diagnostics, life sciences and environmental area on several restructuring operations.
KEELS Avocats
Practice head(s):
Laurent Partouche
Testimonials
‘Excellent, well-organized team with perfect knowledge of subjects related to private equity (in particular), works on technical subjects using all the resources of the doctrine’
‘Laurent Partouche: great listener, very good understanding of the subject, adaptation, in-depth reflection, really digs into technical subjects’
‘Very lean and responsive; spot on and at the same time technical, creative and pragmatic.’
‘Laurent Partouche: an excellent tax lawyer who finds solutions for everything’
‘Responsiveness, availability and creativity’
‘Ultra-responsive and ingenious team’
‘Laurent Partouche is excellent and pragmatic’
‘Creative team on the solutions proposed and committed alongside its clients.’
Key clients
Naxicap Partners
Capza
Emera
Trajan capital
LT Capital
Eureka group
Stelliant
Dental Monitoring
Astek
MonVeto
FnB
Les Secrets de Loly / Kelly Massol
Work highlights
- Advised the management of APC on the scope of L Catterton’s acquisition of a majority shareholding.
- Advised the shareholders of ABMI in the context of the majority stake’s acquisition by the Belgian group HoHR.
- Advised the management of ECT on the acquisition of a majority stake by the Belgian investors CNP and Sienna.
Klein Wenner
Practice head(s):
Sophie Borenstein
Testimonials
‘We work mainly with Sophie Borenstein who is very responsive and who provides total satisfaction both in the context of the tax audit and the specific questions that we submit to her.’
‘Responsive and attentive team.’
‘Sophie Borenstein: expertise in taxation.’
Mamou & Boccara
Practice head(s):
Laurent Mamou; Elie Boccara; Virginie Aidan; Hélène Leclère
Testimonials
‘Responsiveness, availability and efficiency.’
‘Virginie Aidan is very responsive and very efficient, particularly in procedures before the French tax administration.’
‘The team stands out for: – The quality of its expertise – Its availability – Its responsiveness – Its pedagogy with customers – Its competitive cost’
Key clients
Ardian
Parquest Capital
Criteo
Vinci Technologies
Advans Group
Capza
Monk
Sanso Group
Monsieur T Shirt
Eglo Group
Novajoule
Capital Mind
Cambon Partners
Oaklins
Ecap Partners
Andera Acto
GDA
Bolze & Associés
Clubfunding
Parallel Law
Quanteo Group
Rothschild & Co
K&L Gates
Almain
Villechenon
Platineos
Loyens & Loeff
Lionel Chouraqui (Pitchy Holding Group)
Mermoz Avocats
Practice head(s):
Philippe Rolland; Nicolas Privat; Laurent Ragot
Key clients
PAPETERIE ZUBER RIEDER
ANDERA ACTO
GROUPE BERTRAND
GROUPE PÉNÉLOPE (GROUP LFPI)
ANDERA PARTNERS
MOMENTUM INVEST
OMNES
NCI, RE-SOURCES CAPITAL
CICLAD
OUEST CROISSANCE, BPI FRANCE INVESTISSEMENT, CAPITEM PARTENAIRES, BFC CROISSANCE & INNOVATION, BDR INVEST
XOS LEARNING
UNIGRAINS
LONSDALE
SYLQ
VITRINEMEDIA
Work highlights
- Advised Groupe Pénélope (Group LFPI) on the acquisition of FMG Sales and Marketing through the holding Ithaque Investissements.
- Advised Amundi Private Equity Funds, UI Investissement and Société Générale Capital Partenaires on the LBO of the Cyllene group.
- Assisted Andera-Acto with the LBO (sponsorless) of NG Travel Group.
Moncey Avocats
Practice head(s):
Frédéric Bosc
Testimonials
‘Frederic Bosc: Proactive, easy to deal with and client friendly. Across his instructions/brief and able to explain technical concepts in a straightforward and easy to understand way.’
‘Very strong legal and tax team. Deep knowledge and expertise in these areas especially for private equity transactions. Flexible and know how to adapt to the client’
‘We had a chance to cooperate on one of the projects and the cooperation was very smooth and efficient. Moncey team is very responsive, supportive and experienced with working on international projects.’
‘Very friendly team, always available and with a strong ability to solve complex tax issues efficiently. Great technical skills on tax matters combined with a keen sense of the financial and business aspects.’
‘The team is responsive to customer needs. They are available, responsive and very technical.’
‘Very complementary team with homogeneous quality across all teams among the practice. Very much client-driven with a constant attention to details.’
‘Close collaboration with other teams (corporate, social and tax), allowing a pure “one-stop-shop”.’
‘The team led by Frédéric Bosc is a very high-level one. They combine the right solutions with the speed of each transaction. They know us well and that makes the difference. They know our expectations and their ability to work very closely with our team.’
Key clients
Seven2
Capza
EMZ Partners
Andera Partners
Raise
Quilvest Capital Partners
IK Partners
Trajan Capital
MBO+
Cerea Partners
Sparring Capital
Activa Capital
Trocadero Capital Partners
B & Capital
21 Invest France
M80 Partners
Work highlights
- Assisted E.C.F. Group and its managers in exclusive negotiations with PAI Partners for the sale of a majority stake (LBO) by Naxicap Partners and Weinberg Capital Partners.
- Assisted Groupe Lucien Barrière in connection with the exit of FIMALAC, through the acquisitions of its shareholdings in Groupe Lucien Barrière, and SFCMC, a company listed on Euronext.
- Assisted the majority shareholders of Neo2 in a second LBO round.
Osborne Clarke
Practice head(s):
Dorothée Chambon
Other key lawyers:
Sabrina Ben Hassou
Testimonials
‘The Osborne tax team has a very broad range of expertise in financial areas such as asset management or fintech.’
‘Dorothée Chambon has very strong expertise in innovative subjects, particularly when it comes to reasoning on areas where the tax regime is not yet established. Its responsiveness and commitment to resolving customer issues are unmatched in the market.’
‘Sabrina Ben Hassou was very competent on the topic at issue. She was responsive and helpful when queries arose on the matter. ’
‘Dorothée Chambon works in a wide variety of areas such as corporate taxation, wealth taxation, financial taxation, international taxation, etc. She is extremely competent, has an impressive work capacity and is able to respond to very tight deadlines.’
‘The great strength of Osborn & Clark is the cohesion of its team. This allows us to receive different lawyers, each with their own area of expertise, to provide the best answers.’
‘Dorothée Chambon This tax lawyer gives the best of herself.’
‘Dorothée deeply reassured me with her entire way of thinking and the content of her reasoning. In our cryptocurrency sector where there are few guarantees, moving forward with Dorothée Chambon is a guarantee of assurance that reassures us and greatly helps us in our progress.’
Key clients
SAAS Group
Cream Consulting SA/Dream Management SPRL
Illuminate Financial
Work highlights
- Assistance to SaaS Group (US) in the context of the acquisition of the business of the French company Crosstalent SAS (due diligence and tax structuring).
- Assisted a new French subsidiary of the Belgian company Dream Management SPRL with tax structuring in the context of the sale of a majority shareholding of Dream Management SPRL.
- Advising the UK investment fund (Illuminate Financial) in the context of its acquisition of a substantial stake in the share capital of a French target company.
PDGB
Practice head(s):
Thierry Jestin; Vincent Garcia; Benoît Dambre
Other key lawyers:
Charlotte Véniard
Testimonials
‘Its expertise is recognised and the team is very responsive and educational.’
‘Vincent Garcia embodies strong values: expertise, responsiveness, availability, pedagogy, rigor, trust and conviviality. Listening to our problems, he advises us accurately and supports us in implementing pragmatic solutions.’
‘We enjoy working with the PDGB teams because they are accessible, available and always attentive to our needs. PDGB’s advice and opinions are always very beneficial to our establishment and we need them. There has been a lot of trust between the firm and us. Their methods and tools are adapted to our operations and we maintain excellent relationships with the stakeholders on our file.’
‘Very technically competent and very dynamic team’
‘The PDGB tax team stands out for its rigor and sense of customer service.’
‘Charlotte Véniard is particularly available and rigorous. She has excellent customer service and undeniable technical expertise.’
Key clients
FAYARD FAMILY / SOCIETE DU DOMAINE DE LA SOURCE SAINTE-MARGUERITE
Yves RAVOT / Eurowinch
CET INGENIERIE
GENEO
BOTICINAL
ULYSSE
MEDIAN
AUREXIA|France ACTIVE
Reed Smith
Practice head(s):
Florence Bilger; David Colin; Jean-Pierre Collet
Testimonials
‘Excellent team, one of the best, if not the best in Paris. very high technicality, creativity and proactivity.’
Sekri Valentin Zerrouk
Practice head(s):
Jérôme Assouline; Brian Martin
Testimonials
‘Dynamic and innovative.’
‘Impeccable quality in the provision of advice.’
‘Excellent team, quality professionals, strong quality of service ’
‘Brian Martin is an exceptional lawyer, technically excellent, at the cutting edge on all subjects of his specialty while having a global vision of corporate issues in the broad sense. He demonstrates exceptional responsiveness and availability which makes collaboration effective.’
‘Very innovative and smart lawyers, especially on the tax side’
‘Brian Martin is an excellent tax lawyer – approachable, very hands-on, focused on the key parameters.’
‘Team led by Jérôme Assouline – Excellent expertise and search for creative solutions. Perfect availability and sense of service.’
‘This team is very knowledgeable in US/French tax and legal matters and they take a keen interest in finding solutions in a most tax efficient manner.’
Key clients
Qima
ba&sh
Izipizi
Dai Nippon
Spie
BK Consulting
Apax partners
Paris Society
The Zouari group / Teract
A.P.C
Solo Invest
Ju Rhyu, Founder of Hero cosmetics
Les Bureaux de l’Epargne
MMS
Work highlights
- Advised the Founders of French company IZIPIZI in the context of an LBO with Towerbrook as sponsor.
- Advised Paris society and its founders and managers in the context of its acquisition by French listed company Accor.
- Advised French fashion brand A.P.C. and its shareholders in the context of an LBO carried out with international investment fund L Catterton, as the new majority shareholder.
Stephenson Harwood
Practice head(s):
Olivier Couraud; Omar El Arjoun
Testimonials
‘Excellent, high-performance team.’
‘Olivier Couraud: very efficient and precise.’
‘Omar El Arjoun has a good knowledge of the functioning of private equity funds and market practice.’
Taj
Practice head(s):
Sophie Blégent-Delapille; Thomas Perrin; Vanessa Irigoyen; Christina Melady; Arnaud Mourier; Lucille Chabanel; Grégoire de Vogüé
Testimonials
‘Technical, proactive and reactive ’
‘Creative, reliable, competent, innovative, disruptive ’
‘Committed and dedicated team’
Key clients
Renault
Dassault Systèmes
Schneider Electric
Thales
SiPearl
Cerberus Capital Management
Marlin Equity Partners
Crédit Agricole Consumer Finance and Stellantis
Crédit Agricole Assurances
Publicis Group
Cinven and Euro Techno Com
Kohlberg Kravis Roberts & Co (KKR)
Work highlights
- Advised Renault on the global restructuring of its activities.
- Advised Schneider Electric on tax-related strategic topics and M&A transactions.
- Advised Dassault Systèmes on various tax topics, ranging from international tax matters, transfer pricing and R&D incentives.
Tirard Naudin A.A.R.P.I
Practice head(s):
Maryse Naudin; Ouri Belmin; Jean-Marc Tirard
Testimonials
‘Excellent firm specializing in tax’
‘Individuals are true experts in tax’
‘Maryse Naudin and Marc Tirard have an excellent and subtle understanding of US tax law and therefore they are very adroit at cross-border planning for clients with both French and US connections.’
‘Maryse and Marc are also very attentive and responsive and are good communicators.’
‘This is the best boutique tax and private client practice in France and their trust knowledge and understanding is unrivalled in France!’
‘Maryse Naudin is simply exceptional. Highly technical but able to bridge the civil law/common law divide and provide high quality, practical advice.’
‘They are top-notch in the US-French cross-border planning space and have a strong and deep knowledge of the applicable law and treaty.’
‘Maryse Naudin is a stand-out partner. She is highly responsive and has a deep understanding of estate and tax planning. She is highly responsive and effective.’
Vaslin Associés
Practice head(s):
Marc Vaslin; Bénédicte Piozin
Testimonials
‘Marc Vaslin is always available and very responsive; His answers are always precise and supported.’
‘Bénédicte Piozin is always attentive and his opinions are particularly sensible.’
‘Creative solutions that listen to customers and take into account the reality and wishes of customers. Risks are well assessed and opportunities well examined.’
Veil Jourde
Practice head(s):
Benoît Gréteau
Testimonials
‘‘Benoit Greteau finds a solution.’
Key clients
Vinted
L’Oréal
EDF
Sanofi
Danone
Fnac Darty
IKKS
Maincare
Publicis
Boehringer Ingelheim
Ermewa
Ariane (family office)
Safti
Arts & Biens (family office)
Smart Adserver – Equativ
Thai Union
Carlson Wagonlit Travel
French National Olympic Committee
Société Générale
Crédit Agricole and its subsidiaries
Work highlights
- Advised the target and Maincare’s managers on the sale of Maincare by Montagu’s funds to Docaposte (subsidiary of La Poste), especially with respect to the negotiation and structuring of the conditions of exit and reinvestment in Docaposte.
- Advised Equativ and its managers on the company’s 3rd LBO (acquisition of a majority ownership by Bridgepoint, increase in the shareholding held by the managers).
- Advised a key manager and shareholder on the acquisition of Cryptosense by SandboxAQ, a US company.
VGG & Associés
Practice head(s):
Yann Grolleaud
Testimonials
‘The VGG firm has an immense mastery of taxation, in particular on M&A subjects, and supports us on complex projects with an approach that is both innovative in the schemes to be implemented, but also very pragmatic and operational, which brings us great comfort. ’
‘Yann Grolleaud has our complete trust. He listens and provides high quality advice.’
Key clients
Lov Group
FL Entertainment
Geneo Capital
Vivien & Associés
Practice head(s):
Jérôme Chapus; Marine Pelletier-Capes
Testimonials
‘The team listens to us and is proactive. She has very good knowledge of our sector of activity.’
‘Marine Pelletier-Capes listens to our problems and provides pragmatic solutions in a responsive manner’
‘Competent, united and complementary team, attentive, direct always with kindness, available. This is the best team I have known in many years.’
‘Marine Pelletier-Capes – Competent, efficient, available, personable.’
Key clients
CSD
Dassault Systèmes
Docaposte
Hardel Le Bihan
InVivo
Puligny Vineyards & Partners
SGPA
Work highlights
- Advised InVivo Group and its subsidiary Malteries Soufflet on the acquisition of United Malt Group Limited (United Malt).
- Advised Docaposte, a leader in digital trust in France and a subsidiary of Groupe La Poste, on the acquisition of Maincare Solutions.
Watson Farley & Williams LLP
Practice head(s):
Romain Girtanner
Testimonials
‘Good team that knows how to work together.’
‘Efficient and fast.’
Key clients
Access Capital Partners
BNP Paribas
Bpifrance
CMA CGM
DIF Capital Partners
Groupe Crédit Agricole
Groupe Maisons de famille
JCDecaux Holding
MSC
Ocean Winds, joint venture between Engie and EDP Renewables
RGREEN INVEST
Republic of Guinea
Société Générale
Sucden
Tikehau Capital
VGRF (Volkswagen Group Retail France)
Work highlights
- Advising the Republic of Guinea on the US$15bn Simandou project.
- Advising French independent asset management company RGREEN INVEST on a €250m investment in independent Israeli renewable energy producer Econergy to enhance its strategic cooperation.