Dentons advises Marietton Développement on its fourth LBO
As part of its fourth leveraged buyout (LBO), Dentons assisted Marietton Développement, a prominent travel firm in France, on an owner buy-out (OBO) that allowed the group’s staff to raise their ownership stake. Along with longtime owners Bpifrance and AfricInvest, Certares, the New York-based private equity fund and reference shareholder, will hold about 49% of the new organization, Havas Voyages Groupe.