deal | corporate law | private equity
Our longstanding client Bain Capital Private Equity (“Bain Capital”), one of the world’s leading private multi-asset alternative investment firms, has entered into a multi-billion financing for its acquisition of a majority stake in House of HR (the “Company”), a European leader in HR services. House of HR Management, Naxicap, a French private equity firm, and founder Conny Vandendriessche will hold the remaining equity.
This new strategic partnership will enable the Company to continue its multi-brand strategy stimulating local entrepreneurship to serve specialized markets, expand its unique platform into new markets, and increase digital investments, making it one of the most growth- focussed and profitable platforms in the world.
The financing of the acquisition includes private and public debt instruments and constitutes one of the largest private equity deals in Europe this year.
Bain Capital was advised on Luxembourg legal matters by a team from the international law firm Arendt & Medernach specialising in Private Equity & Real Estate, led by partner Sébastien Binard.