Hogan Lovells advises Bpifrance on Brevo's €500 million fundraising

Hogan Lovells advised Bpifrance in connection with Brevo’s new €500 million fundraising and the related changes in the company’s shareholder base. The transaction, which values Brevo as a new French unicorn, marks the entry of General Atlantic and Oakley Capital into the company’s share capital. Bpifrance and Bridgepoint, two long-standing shareholders, will remain as minority investors, while Partech has sold its entire stake. Following the operation, Brevo’s management and employees become the largest shareholder. Headquartered in Paris and employing more than 1,000 people, Brevo provides one of the market’s most comprehensive customer platforms and serves over 600,000 businesses worldwide. The new financing will enable Brevo to continue investing in artificial intelligence, accelerate its growth—particularly in the United States—and intensify its mergers and acquisitions strategy. Hogan Lovells represented Bpifrance with a team composed by: Stéphane Huten (partner, corporate), Alexandre Jeannerot (counsel, corporate) and Eliott Fourcade (senior associate, corporate).

Hogan Lovells advises Bpifrance on Brevo's €500 million fundraising

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