Goodwin’s Paris Private Equity team advised Crédit Mutuel CM11 group, a subsidiary of CM-CIC Investissement, on its investment in Dupont Restauration, France's fifth-largest contract catering company. Bpifrance has also become a significant shareholder in Dupont Restauration through this transaction. The transaction is subject to the approval of the French antitrust authorities and is expected to close in the fourth quarter of 2017.
Crédit Mutuel CM11, a subsidiary CM-CIC Investissement, meets the needs of businesses in all areas of equity financing including venture capital, growth capital, buyout capital and M&A advisory. CM-CIC Investissement invests its own capital (more than €2.8 billion) and its investment portfolio consists of approximately 355 companies.
For additional details on the transaction, please read the press release.