Counsel to 21 Invest on the LBO on Agorastore

 

Moncey Avocats assisted 21 Invest France, a long-standing player in the French private equity market, on its acquisition of a majority stake in Agorastore, an auction specialist for local authorities and professionals.

For this acquisition, 21 Invest France teamed up with Bpifrance (as a minority shareholder) to propose a partnership that makes sense with the marketplace activity, thus strengthening Agorastore's positioning with public players.

Alongside the management team, 21 Invest France will support Agorastore in accelerating its development in France and abroad, pursuing its ambition to triple its sales volume in the next four years and to continue its recruitment policy in 2023.

21 Invest France was advised by a team from Moncey Avocats composed of:

• Guillaume Giuliani, Marie-Victoire James, partners, Alexandre Bankowski, Alix Auclair et Fei Jing, associates, in corporate
• Frédéric Bosc, partner, and Manon Vanbiervliet, associate, in tax
• David Malamed, partner, and Jonathan Devillard, associate, in finance
• Anastasia Fleury, counsel, and Olivia Cantarel, associate, in employment law