Category: Deal

DS Avocats assisted Moneycorp, a global provider of payment and foreign exchange services, in opening a branch in Paris. Founded in London in 1979, the company’s clients include firms, financial institutions and individuals. It has operations in the UK, North America, Europe, Brazil, Hong Kong and the United Arab Emirates.

As part of its accelerated development in Europe, the group opened its Paris branch, Moneycorp France, on September 1st.

Headed by Cyril Léger, Moneycorp France will provide integrated payment solutions to corporate clients, including banks, financial institutions and businesses. Launched with a staff of six, Moneycorp France has ambitions to quadruple its workforce over the coming year.

Moneycorp France’s offering includes a full array of payment and foreign exchange solutions specifically designed to meet the needs of small and medium-sized businesses. With the opening of a branch in Paris, Moneycorp aims to position itself for French businesses as a true alternative to traditional banks and providers, by offering smart technology, superior service and competitive pricing.

DS Avocats’ team consisted of Benoît Charrière-Bournazel (Partner), Anne de Seze (Pre-partner), Emma Quercy and Julia Folgoas for corporate matters, Christophe Billet (Partner) for tax matters, Safine Hadri (Partner) for regulatory aspects and Olivier Gauclère (Partner) for commercial law matters.

Pierre & Vacances – Center Parcs (PVCP) Brokerage China had been established in Shanghai in 2016 to develop a real estate brokerage activity. 

DS Avocats assisted Pierre & Vacances-Center Parcs Group and PVCP Real Estate Brokerage in their transaction to sell the entire share capital of PVCP Brokerage China to the local management.

The DS Avocats team consisted of LIU Yimin, Senior Associate, XU Sissi, Associate.

About DS Avocats

Founded in Paris in 1972, DS has nearly 400 business lawyers practicing in a network of 24 offices on 4 continents. As the leading French law firm with an international dimension, DS has a dual expertise in advice and litigation, assisting its French and foreign clients in all areas of business law.

DS Avocats advised the global weather and digital media leader AccuWeather in the acquisition of French company Plume Labs from its shareholders. The deal closed on 28 December 2021.

AccuWeather had established in January 2020 an exclusive partnership with the French startup allowing the American group to integrate localized air quality information into its weather forecasts.

For the acquisition of Plume Labs, AccuWeather was advised by Marc Pierre Stehlin and DS Avocats with a team led by Partner Benoît Charrière-Bournazel, assisted by Associate Emma Quercy, on corporate matters.

Partner Fabrice Van Cauwelaert advised on Competition law, Partner Gwladys Beauchet and Associate Aude Bonnard handled Employment issues and Partner Catherine Verneret, Associate Jean-Baptiste Micard and Associate Valentine Chauveau dealt with intellectual property matters.

AccuWeather was also advised by US law firm Blank Rome LLP on the US law aspects of the transaction. The sellers were advised by French law firm Bold.

Contact DS Avocats

Kenya Tillerson – tillerson@dsavocats.com

Contact Avocom

Virginie Jubault – v.jubault@avocom.fr

About DS Avocats

Founded in Paris in 1972, DS has nearly 400 business lawyers practicing in a network of 24 offices on 4 continents. As the leading French law firm with an international dimension, DS has a dual expertise in both advice and litigation, assisting its French and foreign clients in all areas of business law, both in France and internationally.

DS Avocats advised the American group Nocturne Luxury Villas and the American investment fund Gladstone Investment Corporation on French law matters in connection with the acquisition of the WIMCO group. 

The transaction was completed on December 10, 2021 for an undisclosed amount.

WIMCO is a group specialized in villa rentals in the French West Indies.  

This investment was made in the context of Nocturne Luxury Villas and Gladstone Investment Corporation’s series of investments in the luxury vacation rental sector, particularly in Saint Barthelemy, in June and July 2021.

Nocturne Luxury Villas was advised by Marc-Pierre Stehlin in collaboration with the DS Avocats team led by Partner Benoît Charrière-Bournazel assisted by Associate Julia Folgoas on corporate matters. Tax law aspects were handled by Partner Christophe Billet and Associate Marie Patitucci. 

Partner Gwladys Beauchet and Associate Aude Bonnard advised on employment issues, Partner Florence Bouthillier, Counsel Marion Lopez-Carreno and Associate Lucie Cocito advised on real estate law, and Partner Catherine Verneret and Associate Jean-Baptiste Micard advised on intellectual property aspects. 

On non-French law  aspects of the transaction, the buyer was advised by Blank Rome LLP.

Contact DS Avocats

Kenya Tillerson – tillerson@dsavocats.com

Contact Avocom

Virginie Jubault – v.jubault@avocom.fr

About DS Avocats

Founded in Paris in 1972, DS has nearly 400 business lawyers practicing in a network of 24 offices on 4 continents. As the leading French law firm with an international dimension, DS has a dual expertise in advice and litigation, assisting its French and foreign clients in all areas of business law.