Gordon S. Blair advised Montefiore Investment on the LBO transaction in QCNS Cruise SAM, a Monegasque company.
Since 2005, Montefiore Investment, a French Fund, invests in equity transactions in high-potential companies in France and abroad.
By acquiring a major stake in QCNS Cruise, the Fund strengthens and diversifies its portfolio, which consists mainly of tourism and travel companies.
The Monegasque travel agency QCNS Cruise employs over 270 employees and recently generated a turnover of over 128 million euros. Their client base originates mostly from France, Italy, Spain as well as Argentina and Brazil. With this new investment, the Fund expects to expand its scope to Germany, the United Kingdom and Scandinavia.
Gordon S. Blair ‘s team of specialists advised and assisted Montefiore Investment during the negotiation of the acquisition, corporate structuring and tax structuring stages of the LBO operation.
See the article here: gordonnews26may17