King & Wood Mallesons advised Sagard and Euromezzanine on the acquisition, alongside the management, of Safic-Alcan from Parquest Capital.

Sagard is a French investment fund that provides equity capital to support the development of mid-sized companies led by ambitious management teams. Created by the Desmarais family in 2003 together with a group of well entrenched industrial families, it manages close to €2 billion in funds.

Euromezzanine, one of Europe’s top private debt providers for midcap companies, invests in bonds and equity alongside private equity funds, managers, and family shareholders, providing financing for buyouts, acquisitions and industrial expansion. The investment in Safic-Alcan will be the 6th investment of the new fund EMZ 7 created in 2014 by King & Wood Mallesons' Funds Formation team.

Safic-Alcan is one of the major European players in the distribution of specialty chemical products, within the fields of rubber products, coatings, pharmaceuticals and cosmetics. In 2014, the group generated a turnover of €400 million.

The King & Wood Mallesons team was composed of Corporate partners Maxence Bloch and Pierre-Louis Sévegrand-Lions, associates Simon Servan-Schreiber and Hind Badreddine; as well as of Finance partner Olivier Vermeulen, counsel Adeline Tieu-Roboam, associates Margaux Baratte and Antoine Venier; and of Tax partner Raphae Béra, counsel Gwenael Kropfinger and associate Etienne Bimbeau.