Counsel to Trocadero Capital Partners in the acquisition of Rock'up by Hapik

10.march.2022

Counsel to Trocadero Capital Partners in the acquisition of Rock'up by Hapik

 

Moncey Avocats assisted Trocadero Capital Partners in the acquisition of Rock'up by Hapik.

Hapik operates 15 recreational climbing centres in France, mainly in shopping centres and offers an accessible climbing experience. A purpose-driven company since 2020, Hapik's "raison d'être" is to promote well-being and access to quality education through sports. By 2025, the group's ambitions to operate more than 50 climbing sites in Europe in order to become a leader in all the countries where it has climbing centers. Hapik has a subsidiary in the United States and operates 2 sites in the US. The company is also present in the Netherlands and Spain and has projects to open in a third European country soon.

Rock'up is the UK's leading climbing company. Rock Up's venture began in 2014 in Whiteley near Fareham in Hampshire, United Kingdom, founded by a group of new parents with a love for climbing and adventure, and the idea to bring the outdoors inside and make climbing accessible to everyone. Rock'up operates 7 climbing sites in the UK.

Trocadero Capital Partners works focuses on supporting European SMEs growth. The fund invested in bond debt, part of which was used for the acquisition of Rock'up.

Trocadero Capital Partners was advised by a team from Moncey Avocats composed of:

  • Marie-Victoire James, partner, Alexandre Bankowski and Alix Auclair, associates, in corporate
  • David Malamed, partner, Jonathan Devillard and David Maréchal, associates, in financing 
  • Frédéric Bosc, partner, Manon Vanbiervliet, associate, in tax

Moncey Avocats also conducted the due diligence processes: