Press Release
September 29, 2026

Goodwin Advises Libeo on Its Acquisition by Shine

Goodwin’s Paris Private Equity team advised Libeo, a French platform specializing in expense management and supplier invoice payments, on its acquisition by Shine (“Cegid Group”).

The transaction enables Shine to expand its administrative and financial management offering for SMEs and accounting firms. Libeo complements Shine’s services by strengthening the procurement cycle through AI-powered control, approval, and payment tools, as well as its sector expertise.

Founded in Paris, Libeo is a pioneering fintech in B2B payments. The company supports over 3,000 businesses and accounting firms across France, including McDonald’s, Carrefour, and Monoprix franchisees, as well as major accounting firms such as Forvis Mazars and Baker Tilly.

The Goodwin team included Benjamin Garçon, Johann Gandilhon, and Charlotte Muller on corporate matters.