TRARESTRA supported Eight Advisory Avocats on Groupe Bruxelles Lambert’s envisaged acquisition of Webhelp, one of the world’s leading providers of customer experience and business process outsourcing. TRARESTRA provided tax due diligence advice on this deal.
GBL announced that it has entered into exclusive negotiations to acquire a majority stake in the Webhelp group, together with its co-founding shareholders, Olivier Duha and Frédéric Jousset, who would retain their role as founding executive directors, and its management team. As a result of this transaction, GBL would acquire a majority stake in Webhelp on the basis of an enterprise value of €2.4 billion making the acquisition the largest LBO transaction in France this year so far.
It is expected that the legal documentation will be signed by the beginning of August for completion, after obtaining regulatory authorizations for use, within the course of Q4 2019.
See also the Press Release.