Context : Business law

Activity : Network engineering and manufacture of pre-insulated tubes and accessories for transporting hot fluids at high and low temperatures

Turnover : 60 M€

Vincent Rivière

Vincent Rivière

Former Chairman
Solice Group

As CEO, I consulted Mascré Heguy Associés in connection with my exit from a turnaround operation and the assumption of a corporate mandate in the subsequent LBO. The firm’s role was to validate the conformity of the exit from the turnaround operation and to negotiate the support agreements with a new shareholder as well as my profit-sharing (exit management package). The firm assisted me in these negotiations and we succeeded in reaching balanced agreements that enabled this complex operation to be completed under good conditions. I would particularly like to thank Frédéric Mascré for his involvement and his ability to find solutions.