Clément Cenreaud
Biography
Overview
Clément Cenreaud is an associate in the EMEA private equity team of our Global Mergers & Acquisitions practice at White & Case.
Fluent in French and English, Clément is at ease navigating both domestic and cross-border mergers and acquisitions, as well as private equity and venture capital matters, on behalf of multinational clients, including investment funds, investment banks, entrepreneurs, industrials, listed and non-listed companies, and distressed companies.
Clément has worked on a number of transactions including corporate financial restructuring operations (e.g. the investment of CDPQ in group Delachaux*, the investment of Metric Capital Partners in the group onepoint*, the internal reorganization of a credit institution in the context of Brexit*, the investment of Cinven in the group INSEEC*, the investment of Blackstone in Sipartech*). He has also recently worked on several M&A and Private Equity transactions.
Clément joined the Firm in February 2021 from an international law firms in Paris, where he was an associate in the M&A-Private Equity Group.
Experience
Altice
Representation of the Altice Group on the conclusion of a framework agreement with the majority of its creditors holding term loans and senior secured notes at the level of Altice France SA, as well as certain creditors holding senior notes at the level of the parent company Altice France Holding SA, for the restructuring of its €24.1 billion existing debt.
INATO
Representation of INATO a start up specialized in support and software publishing platform dedicated on life science companies in the set up and conduct of their clinical trials its Series B financing.
Goldman Sachs
Representation of Goldman Sachs, shareholders of Younited, on the signing of a business combination agreement between Iris Financial, a Euronext Amsterdam-listed company focused on the financial services sector and Younited S.A., in connection with a contemplated business combination. Younited will be listed on Euronext Amsterdam and Euronext Paris upon completion of the Combination.
Tikehau Capital
Representation of pan-European asset manager and investor Tikehau Capital, as a minority investor in Vade, on the sale of Vade to international cloud security and compliance software as a service provider Hornetsecurity.
Planity
Representation of Planity S.A.S, a company offering an instant online appointment booking service for beauty professionals, in connection with its Series C fundraising for an amount of $50,000,000.
Pigment SAS
Representation of Pigment SAS, an AI-augmented business planning platform built for agility and scale, in its US$145 million Series D financing. This is one of the largest tech fundraisings in France for 2024.
Goldman Sachs
Representation of Goldman Sachs Asset Management Division as lead investor in an €122 million secondary round into French robotics business, Exotec.
Checkmyguest
Representation of the founders of Checkmyguest, a French technology company that manages short and medium-term rental properties, on its merger with Oyo, the world's tenth largest hotel group.
Eurazeo and Bpifrance
Representation of Eurazeo, through Eurazeo Transition Infrast ucture Fund as an existing investor, and Bpifrance through its Large Venture fund, on a €304 million fundraising for European electric vehicle fast-charging network Electra. The transaction is the largest ever in the French electric charging sector and the second largest ever in Europe.
LFPI
Representation of LFPI Group on its investment as a key minority investor in the Haudecoeur Group, alongside Apheon, acting through a continuation fund, the Haudecoeur family and the management team, who are reinvesting in the capital.
Morgan Stanley Infrastructure Partners
Representation of Morgan Stanley Infrastructure Partners, a private infrastructure investment platform within Morgan Stanley Investment Management (MSIM), on an exclusivity agreement to partner with Altice France to establish the first nationwide independent colocation provider in France through the acquisition of a 70 percent majority stake in UltraEdge, a newly established data center company.
Banque des Territoires (Caisse des Dépôts Group)
Representation of Banque des Territoires (Caisse des Dépôts Group) on its acquisition of a 34 percent stake in JP Energie Environnement (JPee), a French independent producer of renewable energy which has been involved in the development, financing, construction and operation of wind farms and photovoltaic (PV) power stations in France since 2004.
Altitude Group
Representation of Altitude Group, a fibre network developer specialising in Public Initiative Networks (PINs), on its acquisition of infrastructure fund Quaero Capital's stake in the two major fibre-to-the-home (FTTH) concessions of the Grand Est region: Rosace Fibre and Losange Fibre.
Revaia
Representation of Revaia, a growth equity investment fund, on its minority investment in Mews, a Dutch innovative hospitality management cloud platform in its €80 million fundraising.
Goldman Sachs
Representation of Goldman Sachs in the context of the €60 million fundraising of Younited, a French FinTech specialized inproviding instant credit (valuation reached c. €1,1 bn following the transaction).
Cathay Capital Private Equity
Representation of Cathay Capital Private Equity on the acquisition of a significant stake in the independent French video game developer Shiro Games.
Blantyre Capital Limited
Representation of Blantyre Capital Limited on carve-out of OCV Chambéry's reinforced glass production business.
EPSA
Representation of EPSA, a French consulting firm, and its main shareholders on a joint minority investment from TowerBrook Capital Partners L.P., RAISE Investissement and CAPZA Expansion.
Eurazeo
Representation of Eurazeo as lead investor in the US$210 million Series D fundraising of Aiven, a Finnish cloud scale-up.
Digital + Partners
Representation of Digital + in connection with the fundraising of circa EUR 30m of CleverConnect, a digital solution provider assisting companies throughout talent acquisition process.
Softbank
Representation of Softbank in connection with its Series B round investment of U$500 million in exchange for a circa 17% stake in the capital of Sorare (with a pre-money valuation of U$3.4 billion).
Goldman Sachs
Representation of Goldman Sachs Growth as lead investor in connection with the US$170 million funding round of Younited Credit, French Next40 fintech specialised in credit and payments, alongside Bridgepoint, Eurazeo, Bpifrance and AG2R La Mondiale.
Representation of Goldman Sachs Growth in connection with its investment in BackMarket, alongside General Atlantic, Eurazeo Growth, Daphni, Financière Agache and Aglaé Ventures.
Altitude
Representation of Altitude, France's leading independent fibre operator, on the acquisition from Covage, a wholesale fibre operator in France, of 26 public and private fibre networks.
*Experience prior to joining White & Case
