Léon K.Bousset

Associate

Paris + 33.1.56.59.38.57

Léon Bousset has worked on a wide variety of high-profile French and international private equity and leveraged buyout (LBO) transactions for clients in numerous business sectors, with a particular focus on infrastructure and energy assets, restructurings, and management packages.

Léon's recent experience includes working with Cyrus Capital Partners on the acquisition of the operations and business of Toys "R" Us, and the contribution of Toys "R" Us activities, to a French retail leader; True Green Capital, a renewable energy investment firm, on its first investment in Europe in an independent renewable power producer; the Armor Group on the management buyout of Armor Iimak Group and the simultaneous 40% investment by Astorg Midcap in the Armor Iimak Group; For Talents on their investments in Groupe Petit Forestier (logistics), Groupe Paprec (recycling and waste management), and Altavia (marketing); and the Macquarie Group on several equity transactions including the sale by Macquarie Autoroutes de France 2 of AREA (concessionaire of the A41 motorway) and the sale by Lombard Odier Macquarie Infrastructure Fund of a stake in Pisto (port terminals).

Prior to joining Jones Day, Léon was involved in significant transactions that included the Noven Group's acquisition of various stakes in Trapil, a company operating three multiproduct pipelines (Le Havre-Paris, Mediterranean-Rhone, and NATO), from BP France and TotalEnergies Marketing France; the French Republic on the acquisition of a stake held by Bpifrance in Eramet (mining group); and the Olam Group and the Gabonese Republic in the investment in equity and convertible bonds in a joint venture holding a large portfolio of infrastructure assets in Gabon.

Experience

  • For Talents invests in CofinasJones Day advised For Talents in the acquisition of a minority investment in Cofinas, holding company of the BS Battery group, leader in the distribution of motorcycle batteries in Europe.
  • FLEETCOR acquires PayByPhoneJones Day advised FLEETCOR Technologies, Inc. in the acquisition of PayByPhone, a global provider of digital parking payment solutions.
  • Diebold Nixdorf successfully restructures over $2.7 billion in funded debt and completes the first-ever dual proceeding under the U.S. bankruptcy code and Dutch restructuring law in 71 daysIn the first-ever cross border restructuring involving dual main proceedings under chapter 11 of the U.S. Bankruptcy Code and a scheme of arrangement (the "Dutch Scheme") under the Dutch Act on Confirmation of Extrajudicial Plans (Wet Homologatie Onderhands Akkoord ("WHOA")), and the first-ever chapter 15 recognition of Dutch Scheme proceedings and a sanctioned WHOA reorganization plan (the "WHOA Plan"), Jones Day represented Diebold Nixdorf, Incorporated ("Diebold") and certain of its U.S. and Canadian subsidiaries (the "Debtors") in connection with (i) the prepackaged chapter 11 cases of In re Diebold Holding Company, LLC, et al., (Case No. 23-90602-DRJ) commenced on June 1, 2023, in the United States Bankruptcy Court for the Southern District of Texas (the "Bankruptcy Court"); (ii) the Dutch Scheme, commenced on June 1, 2023 by Diebold Nixdorf Dutch Holding B.V. (the "Dutch Issuer") in the District Court of Amsterdam (the "Dutch Court"), and (iii) the chapter 15 proceedings before the Bankruptcy Court commenced by the foreign representative of the Dutch Issuer, wherein the Bankruptcy Court recognized the Dutch Scheme proceeding as a foreign main proceeding and recognized and extended comity to the WHOA Plan that was sanctioned by the Dutch Court.
  • True Green Capital Management invests in Faradae SASJones Day advised True Green Capital Management LLC in the acquisition of a controlling interest in Faradae SAS, an independent renewable power producer based in Lyon, France, that targets French real estate investment trusts ("REITs") and other corporate customers for solar installations.
  • Brut raises €40 millionJones Day advised Brut, a French fast-growing online media platform, in connection with its €40 million Series D investment round, with respect to the implementation of an incentive package.
  • For Talents invests in Altavia GroupJones Day advised For Talents in its minority stake investment in Altavia Group, the world’s leading network dedicated to marketing services for the retailers.
  • Armor sells stake in ARMOR-IIMAK to AstorgJones Day advised EN5, controlling shareholders of the Armor group, on the management buyout of Armor Iimak group and the simultaneous 40% investment by Astorg Midcap in the Armor Iimak group.
  • ForTalents acquires minority stake in Groupe Petit ForestierJones Day represented ForTalents in connection with its minority stake investment in Groupe Petit Forestier, the European leader in refrigerated assets rentals.
  • Macquarie Infrastructure and Real Assets divests stakes in Autoroutes Paris-Rhin-RhoneJones Day advised Macquarie Infrastructure and Real Assets (Europe) Limited in the sale by subsidiaries Macquarie Infrastructure Fund 2, Macquarie Mercer Infrastructure Trust 1, and Macquarie Mercer Infrastructure Trust 2 of remaining stakes in Autoroutes Paris-Rhin-Rhone for an aggregate price of €867 million.
  • Gimv invests in Coolworld RentalsJones Day advised Gimv in its acquisition of a majority shareholding in fast-growing Coolworld Rentals, a full-service renter of cooling and heating equipment.
  • Cyrus Capital Partners acquires, in French insolvency proceeding, of French business of Toys R UsJones Day represented Cyrus Capital Partners in connection with the acquisition, in a French insolvency proceeding, of the French business (comprised notably of 44 stores) of Toys R Us.
  • ABB divests terminal block business to TE ConnectivityJones Day advised ABB Ltd. in the sale of its ENTRELEC® terminal block business, which is part of ABB's Electrification Products division, to TE Connectivity Ltd.
  • The following represents experience acquired prior to joining Jones Day.

    Advised Pisto (controlled by Macquarie, Predica, and CNP) on the increase of its stake in Trapil, a company operating oil pipeline networks in France.

    Advised Olam Palm Gabon in the acquisition of palm oil and derivatives assets owned by Siat Gabon.

    Advised GSEZ, a joint venture between Olam and the Gabonese Republic, in the investment in equity and convertible bonds by AFC fund in Gabon Special Economic Zone S.A.

    Advised the French Republic on the acquisition of a 25.66 percent stake held by Bpifrance in Eramet (mining group), acting through the agency for managing French government holdings (Agence des Participations de l'Etat [APE]).

    Advised Bormioli in the restructuration of the Bormioli Group.

    Advised Galileo Global Education on an open bid process for the purchase offer for Studialis group, one of the leading quality providers of for-profit higher education in France.

    Advised Casino Guichard-Perrachon on the disposal of its Vietnamese business operations to Central Retail Corporation Limited, one of the main family-owned conglomerates in Thailand.