Paul Hastings advised Astorg Partners in connection with the sale of OGF, a French funeral services company, to funds managed by Pamplona Capital Management, an investment company.
This transaction was the second-largest LBO acquisition in France in 2013.
Astorg Partners is an independent French capital investment firm that manages EUR2bn and invests in manufacturing or service companies, very often family-owned, with high growth potential.
Astorg Partners was also advised by Ashurst and Cravath Swaine & Moore on financing issues.
Pamplona was represented by the Paris and London Offices of Allen & Overy, and the management of OGF, which invested in the transaction, was advised by Scotto & Associés. Clifford Chance represented the banks.
The Paul Hastings team was led by partner Alexis Terray with Sébastien Crépy and Vincenzo Feldmann.
