Advice to the founder of Leofresh as part of the LBO with Elevation Capital Partners and the takeover structure for the acquisition of Moorea

Moncey Avocats advised the founder of Leofresh, a company specializing in fine foods and the export of fresh produce, on the leveraged buyout carried out with the Elevation Capital Partners fund, incorporating the founder's reinvestment in the takeover structure. In addition, the team also acted as advisor to this structure during the acquisition of Moorea, a wholesaler renowned for its expertise in sourcing rare fruits and vegetables.

This transaction, supported by the Food Invest II fund managed by Elevation Capital Partners, was financed by senior debt provided by Banque Populaire Rives de Paris and Banque Populaire Alsace Lorraine Champagne. It is the fund's fourth investment in the agri-food sector.

This merger creates a group combining the international strength of Leofresh, which operates in 26 countries, with Moorea's expertise in sourcing exceptional products. The expected synergies include expanding the product range, pooling logistics, developing B2B orders, and optimizing supplies. The group aims to continue its organic growth momentum with the ambition of increasing its size by around 60% over the next few years.

The founder of Leofresh was advised by a team from Moncey Avocats composed of:

• Guillaume Giuliani, partner, and Bonnie Brenier, lawyer, on corporate matters.
• David Malamed, partner, and Diane Ferriol, attorney, on financing aspects.
• Frédéric Bosc, partner, and Manon Vanbiervliet, lawyer, on tax matters.