Equity Finance and FCPR Epargne Développement II and FCPR ED Capitalisation Intermédiaire, two FCPR funds managed by Chequers Partenaires, have reached an agreement with Weinberg Capital Partners relating to the sale of their holdings in the Groupe E.CF (Ecotel Chomette Favor), in agreement with the other main shareholders of E.CF, EF Logistique, the company’s management and Financière Groupe Ecotel (FGE).
Thierry Drecq and the management team of the Groupe E.CF, Financière Groupe Ecotel, chaired by Jean Luc Saxod and Salvepar (an investment company affiliated with Société Générale) will invest alongside Weinberg Capital Partners in this transaction.
The transaction remains subject to approval by the competition authorities.
Founded in 1880, the Groupe E.CF is today a leader in the distribution of small equipment and non-edible consumables in France to professionals in the catering and hotels industry.
Ashurst LLP advised the sellers with partners Nicolas Barberis and Guy Benda for the corporate aspects, assisted by associate Delphine Guérin, and partner Diane Sénéchal for the financing aspects.
Frieh Bouhenic advised Weinberg Capital Partners with partners Michel Frieh et Tanguy Nicolet for the corporate aspects, and partner Maud Manon, for the financing aspects.
