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McDermott Represents Showroomprivé in IPO on Paris Stock Exchange

05 Nov 2015

PARIS (5 November, 2015) – McDermott Will & Emery represented the founders and majority shareholders of Showroomprivé in the Group’s Initial Public Offering (IPO) on Euronext Paris, which took place on 30 October 2015.

An online fashion retailer founded in 2006, Showroomprive.com sells designer fashion to its 20.2 million members at steep discounts in "flash" sales. The Group operates in France and in seven other countries employing more than 700 people. At the end of 2014 it announced EUR 350 revenue.

The offer comprised EUR 176 million in shares transferred by the existing shareholders, and EUR 50 million of new shares.

The McDermott team was led by corporate partner Grégoire Andrieux and included associates Félix Huon and Marie-Muriel Barthelet.

The Firm’s corporate team in Paris has extensive experience representing private equity institutions and family shareholders/ entrepreneurs in transactions with enterprise values ranging from €10million to €2billion. Mc Dermott’s Paris practice generally includes LBOs, venture capital financings, acquisitions, mergers, reorganizations, recapitalizations, joint ventures, divestitures, IPOs and private placements.

Matter Type
Banking & Finance - Capital Markets: Equity
Industry
Retail/Consumer
News Category
M&A
Banking & Finance