CMS Francis Lefebvre advises lenders on ECM shareholding reorganisation

CMS Francis Lefebvre advised the lending banks, and Lamartine Conseil advised the sellers, in the reorganisation of the shareholding of the Ecole de Commerce et de Management (ECM). CMS Francis Lefebvre acted as legal counsel to the banking syndicate on the financing enabling Igensia (formerly IGS) to acquire a majority stake in ECM. The bank pool was led by Banque Populaire Bourgogne Franche-Comté and also comprised Crédit Agricole Franche-Comté and BNP Paribas. ECM, founded in 1991 in Besançon, offers a range of programmes in commerce, marketing and communication, as well as management, across seven campuses in the Grand Est region (Belfort, Besançon, Dijon, Mulhouse, Nancy and Strasbourg) and in Clermont-Ferrand. Igensia, a long-standing partner of ECM, will use this majority acquisition to accelerate future development focused on the public interest and social engagement, notably by training more students across a broader part of the national territory. CMS Francis Lefebvre represented the lenders (Banque Populaire Bourgogne Franche-Comté, Crédit Agricole Franche-Comté and BNP Paribas) with a team composed by: Alexandre Chazot, counsel, and Alexis Imbert, jurist. Lamartine Conseil represented the sellers with a team composed by: the firm's advisory team.

CMS Francis Lefebvre advises lenders on ECM shareholding reorganisation

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