De Fursac – M&A

Advising De Fursac on its sale to SMCP – Sandro, Maje, Claudie Pierlot

Corporate Finance

Babilou – Financing

Refinancing of Babilou and financing of its growth

Banking & finance

Bal du Moulin Rouge – Employment

Complex collective litigation


Bonds – Litigation

Assistance to bondholders of a large French cosmetics group in the effective recovery of their debt


Arkena – M&A

Advising TDF on the sale of Arkena to its managers


Corporate Finance

Groupe Open – LBO

Advising Groupe Open on its takeover and LBO by the founders and by Montefiore

Corporate Finance

Funecap – Financing

Financing Funecap’s growth

Banking and Finance

Notimo – Antitrust

Counsel to GIE Notimo regarding practices implemented in the real estate negotiation sector (French Competition Authority decision no. 19-D-12 dated 24 June 2019)


CVE – Private Equity

Advising ICG Infrastructure on its equity and quasi-equity investment in CVE

Corporate Finance

Public companies – Employment

Reorganisation projects and daily assistance regarding employment law issues (mobility, retail, food industry, …)


Ingenico – Employee share incentive schemes

Implementation of co-investment and free shares programs in twenty jurisdictions

GIE Capital Ingenium

ISP – Litigation Liability

Assisting an investment service provider in a liability litigation (valued at €100M)


Jewel – Merger control

Notification to the French Competition Authority of the acquisition of joint control over Mauboussin and Guérin Joaillerie


Multinational group – Employment

Reorganisation of the group activities and implementation of a carve out process concerning more than 1000 employees over 36 countries (identity & security)


Talan – LBO

Advising Towerbrook on its minority investment (LBO) in Groupe Talan

Corporate Finance

Novares – Restructuring

Debt and equity restructuring of Novares

Banking and Finance

UTAC – Private Equity

Advising the FCDE with its sale of a majority stake in UTAC and its reinvestment in the UTAC group

Corporate Finance

Pyramid – Criminal business

Assistance to defendants prosecuted for in a pyramid-type case to the prejudice of 180 victims (stake: 16M €)


Retail – Employment

Management of employment law issues raised in relation to the sales of De Fursac and Eric Bompard



Securitisation – Financial litigation

Assisting a securitisation fund in a litigation against a European Bank related to the cancellation of a €65M securitisation transaction


Zenpark – Capital Innovation

Advising EDF Pulse Croissance Holding on its investment in Zenpark alongside RATP Capital Innovation

Corporate Finance

Titan – Distribution

Advising an industrial group in the context of the termination of its long-term business relationship by a commercial partner



“They are extremely dynamic, fully involved on the deals and very available”

“Efficiency on small and mid-cap deals, especially in a difficult environment”

"Whatever the situation, they can handle it"

“Ayache: indispensable on the LBO mid-cap"

"The team is experienced in merger control and antitrust proceedings, pleasant and efficient"

"This Firm stands out as a key player in the mid-cap M&A market. Clients praise the top-quality service they receive"

"The firm is an expert in tax and sports law. It provides excellent and accurate information to clients and is really responsive"


is “Tough and business-oriented”


“Keep calm and call Ayache!”


"He knows when to play hard ball and when to cut a deal"

“If there is one independent firm that stands out, it is without a doubt AyacheSalama”


“Strategic advisers and deal makers!”

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