Levine Keszler advises Arturia and its founder in a sponsorless OBO financed by EMZ Partners

The Arturia Group, which specialises in the development of music software and hardware, has restructured its capital and strengthened its development with EMZ Partners.

The sponsorless OBO, financed in part by mezzanine debt provided by EMZ Partners and senior debt raised from a banking pool led by Crédit Agricole Sud Rhône Alpes, enabled the exit of some of Arturia’s historical minority shareholders and strengthened its founder Frédéric Brun’s position as Arturia’s reference shareholder.

The transaction also gave some of the Group’s managers the opportunity to subscribe to Arturia’s capital alongside Frédéric Brun and EMZ Partners.

Levine Keszler advised Arturia and Frédéric Brun in this transaction.

Counsel to Arturia and Frédéric Brun:
Levine Keszler (Serge Levine and Aude Manzo-Keszler, partners, Mickaël Guillemot and Rebecca Zbili): structuring and contractual, corporate and financing aspects of the transaction
Lexan (Fabienne Guillot and Luigi Giordano, partners): corporate aspects of the transaction
CazalsManzo Pichot de Saint Quentin (Bertrand de Saint Quentin, partner): tax structuring
EY (Emmanuel Picard, Maxime Prat and Brice Carrier): Financial VDD

Advising EMZ Partners:
De Pardieu Brocas Maffei (Jean-François Pourdieu, partner, Sandra Benhaim, Alexandre Bankowski and Hugues de Fouchier): contractual, corporate and financing aspects of the transaction
EightAdvisory (Fabien Thieblemont and Arthur Huon): financial audit
Advention (Alban Neveux and Iska Pivois): strategic audit

Investment bank:
Bryan, Garnier & Co (Olivier Beaudouin, Jonathan Bohbot and Clémence Decante)

Banking pool:
Crédit Agricole Sud Rhône Alpes (Olivier Rollin, Louis Gauthier and Corinne André-Gillet)
Banque Populaire Auvergne Rhône Alpes (Renaud Cholat)
Caisse d’Epargne et de Prévoyance de Rhône Alpes (Anne Le Bars Bocquet)
BPI France (Yvan Demars and Céline Guillon)