Firm / Organisation

Villey Girard Grolleaud

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This content is provided by Villey Girard Grolleaud.

Number of partners: 5
Number of associates: 8
Languages:English, French

Firm Overview:
Villey Girard Grolleaud is an independent law firm founded in 2013. The firm was founded by Daniel Villey, Pascale Girard and Yann Grolleaud (former partners of the law firm Darrois Villey Maillot Brochier). They were subsequently jointed by Frédéric Grillier (previously a partner with Herbert Smith Freehills in Paris) and Louis-Marie Pillebout (previously counsel in the Paris office of Davis Polk & Wardwell). Julien Sanciet (previously with Bredin Prat) joined them in 2019 as counsel. The firm assists its clients, in France as well as abroad, in connection with strategic and complex transactions. It is recognised as one of France's leading independent law firms in the areas of corporate and tax law as well as in respect of litigation. The unique complementarity between its partners enables the firm to act with a high level of expertise and quality across a variety of transactions. The search for excellence, the requirement of ethical and collegial involvement of partners are among the main values of the firm.

Main Areas of Practice:

Mergers & Acquisitions:
M&A transactions are at the heart of Villey Girard Grolleaud’s expertise. The firm is recognised as a market-leading firm in respect of large M&A transactions as well as in respect of related tax matters. The scope of the firm’s expertise encompasses acquisitions, takeover offers, mergers, as well as joint ventures. The firm has equally developed leading expertise advising family-owned groups, which it supports at all stages of their development.
The firm has recently advised:
■Clarins on the sale of Mugler (fragrance and fashion) and Azzaro (fragrance) to L'Oreal
■Carrefour on the sale of Top Achat to LDLC Group and Rue du Commerce to ShopInvest
■Hachette Livre on the acquisition of Gigamic and Blackrock Games

Private Equity:
The firm advises investment funds as well as management teams in respect of corporate and tax issues arising in the context of buy-outs or subsequent build up transactions, including with respect to the implementation of management packages and investment schemes.
The firm has recently advised:
■Bpifrance in the context of the sale by Weinberg Capital Partners of its majority shareholding in ADIT to Parquest as well as on the acquisition of Labelys
■The shareholders (and management) of DCW on the sale of the company to Chevrillon & Cie
■The management of Club Med upon the acquisition of the group by Fosun

Restructuring:
The firm advises its clients in distressed M&A transactions, in-court and out-of-court restructuring and litigations in connection thereto.
■The firm has recently advised Conforama when it raised a €115million with Tikehau in 2018 and €316 million from various hedge funds in 2019

Capital Markets:
Villey Girard Grolleaud’s practice spans every aspect of capital market transactions: initial public offering, equity capital increases, issue of convertible bonds and private placements.
The firm has recently advised:
■FDJ (Française des Jeux) in the context of its privatisation by IPO on Euronext Paris
■PSB Industries in the spin-off of Baikowski through a distribution of the shares of Baikowski to PSB Industries shareholders and concurrent listing of Baikowski on Euronext Growth
■Unibail-Rodamco in the context of its various issues of net share settled bonds convertible into new shares and/or exchangeable for existing shares

Corporate Governance:
The firm has a strong reputation in connection with day-to-day assistance to listed companies in respect of corporate governance and financial market regulation. As such, it assists companies which are members of the CAC 40 and SBF 120 indexes in respect of regulatory requirements as well as in respect of the preparation and holding of board and shareholders’ meetings.

Tax Matters:
Villey Girard Grolleaud has market leading practice and experience in respect of tax issues associated with mergers and acquisitions, corporate restructuring and LBO transactions.
The firm has recently advised:
■Conforama on a financing of €316 million
■Clarins on the sale of Mugler (fragrance and fashion) and Azzaro (fragrance) to L'Oreal
■Carrefour on the sale of Top Achat to LDLC Group and Rue du Commerce to ShopInvest Litigation & Dispute Resolution: The firm’s litigation and dispute resolution practice is an integral part of the firm’s core activity. It represents clients in connection with banking litigation and insolvency proceeding. It helps solve clients’ disputes through arbitration, litigation and alternative dispute resolution methods.