King & Wood Mallesons SJ Berwin advised TCR Capital on the acquisition of Locabri Group from Ekkio Capital. At the end of closing, TCR Capital owns 65% of the capital, alongside Siparex (23%), management (9%) and Carvest (3%).

TCR Capital is an independent private equity partnership, managing €350 million, specialising in leading SMB main transmission operations on their markets.

The French group Locabri is a leader in designing, manufacturing, commercialising and renting modular structures, such as temporary buildings and depots for the retail and logistics industries. In 2013, Locabri generated a turnover of €18 million.

Under TCR’s majority ownership, Locabri plans to accelerate its growth by extending its geographical presence and seeking new modular structures partnerships.

The King & Wood Mallesons SJ Berwin team was composed of Corporate partner Maxence Bloch and associates Pierre-Louis Sévegrand-Lions and Mathieu Terrisse, Finance partner Olivier Vermeulen and associates Marc Zerah, Margaux Baratte and Calixte Glotin, as well as Tax partner Raphael Béra and associate Sarah Mordoff.