News
Hoche Avocats advises CAPZA on the sale of its stake in Coutot-Roehrig to Luxempart
Coutot-Roehrig, Capza and Luxempart have announced an investment agreement that will result in Luxempart owning 43% of Coutot-Roehrig, a family-owned company founded nearly 130 years ago and now a European leader in heir tracing and other genealogical services.
The probate genealogist, Coutot-Roehrig had, since 2019, been supported by Capza which, alongside Bpifrance, had taken a 40% stake in the company. Since that date, the company has experienced strong growth, with turnover increasing from €50m to €70m.
With this transaction, Luxempart replaces Capza as a minority shareholder in Coutot-Roehrig and invests approximately €57 million. Luxempart will be associated with Mr Guillaume Roehrig, who will remain the majority shareholder of the group. Capza will sell its entire stake in the company.
Coutot-Roehrig, supported by Luxempart, wishes to continue its development abroad, particularly in German-speaking countries.
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CAPZA’s legal counsel: Hoche Avocats: Grine Lahreche (partner), Audrey Szultz (associate).
Other counsel:
Buyers’ counsel: Corporate – Weil Gotshal & Mages; Financing – Mayer Brown.
Counsel to majority founder and management: Moncey Avocats.
Hoche News – 21 April 2023 / Agefi Luxembourg – 19 April 2023 / Capital Finance – 19 April 2023 / MarketScreener – 19 April 2023 / Cfnews – 21 April 2023 / Le Monde du Droit – 24 April 2023 / GlobalLegalChronicle – 26 April 2023 / Juristes Associés – 2 May 2023