Fieldfisher France's Capital Markets department acted as legal counsel to Mon Courtier Energie Groupe on its IPO on the Euronext Growth® Paris market.
Mon Courtier Energie Groupe is France's leading B2B energy broker. The company's services include energy procurement consulting and brokerage, contract management and optimization, and energy transition consulting.
As part of the IPO, Mon Courtier Energie Groupe completed a capital increase of approximately €7.0 million via the issue of 725,388 new ordinary shares (which may be increase to €7.6 million if the over-allotment option is exercised in full). Upon completion of the transaction, Mon Courtier Energie Groupe's share capital now consists of 3,625,388 shares, representing a market capitalization of approximately €35 million based on the IPO price of €9.65 per share.
These funds will be used by Mon Courtier Energie Groupe to finance the following strategic objectives: (i) approximately 50% to expand the sales network in France and strengthen the teams at the Bordeaux head office, with a view to developing the brokerage and energy contract management consulting services and building the Group's reputation, (ii) approximately 30% to expand international business and (iii) approximately 20% to further develop the energy transition consulting services.
Fieldfisher France's multidisciplinary team was composed of:
Samuel Pallotto comments: "We congratulate Mon Courtier Energie Groupe on this successful IPO. We are delighted to have advised them on this important milestone, and thank them for their confidence. Our team takes great pride in working with companies that are leaders in their fields. This transaction once again demonstrates our ability and willingness to commit to our clients and to support them in all of their growth-generating projects."
Mon Courtier Energie Groupe is France's leading B2B energy broker. The company's services include energy procurement consulting and brokerage, contract management and optimization, and energy transition consulting.
As part of the IPO, Mon Courtier Energie Groupe completed a capital increase of approximately €7.0 million via the issue of 725,388 new ordinary shares (which may be increase to €7.6 million if the over-allotment option is exercised in full). Upon completion of the transaction, Mon Courtier Energie Groupe's share capital now consists of 3,625,388 shares, representing a market capitalization of approximately €35 million based on the IPO price of €9.65 per share.
These funds will be used by Mon Courtier Energie Groupe to finance the following strategic objectives: (i) approximately 50% to expand the sales network in France and strengthen the teams at the Bordeaux head office, with a view to developing the brokerage and energy contract management consulting services and building the Group's reputation, (ii) approximately 30% to expand international business and (iii) approximately 20% to further develop the energy transition consulting services.
Fieldfisher France's multidisciplinary team was composed of:
- Samuel Pallotto, partner, Mathilde Cazé, counsel and Vladimir Ganem, associate, for the capital markets aspects and
- Antoine Gabizon, partner and Mehdi Gasmi, associate, for the tax aspects.
Samuel Pallotto comments: "We congratulate Mon Courtier Energie Groupe on this successful IPO. We are delighted to have advised them on this important milestone, and thank them for their confidence. Our team takes great pride in working with companies that are leaders in their fields. This transaction once again demonstrates our ability and willingness to commit to our clients and to support them in all of their growth-generating projects."
Other participants:
· Aldebaran Global Advisors (Listing Sponsor),
· TP ICAP (Investment Services Provider),
· EY (Statutory Auditor),
· Mazars (Certified Accountant),
· NewCap (Financial Communication).