Alantra advises Potel & Chabot’s management on the acquisition of the company from 21 Centrale Partners, supported by EdRIP and AccorHotels

March 28, 2017

Paris– Advised by Alantra, the Management of POTEL & CHABOT has gathered a high-quality group of investors, including Edmond de Rothschild Investment Partners and AccorHotels, for the acquisition of the Company from 21 Centrale Partners.

Born from the meeting of Jean-François POTEL, pastry chef, and Etienne CHABOT, chef of the French court, in 1820 in Paris, POTEL & CHABOT has become an ambassador of French luxury and art de vivre. POTEL & CHABOT has unparalleled savoir-faire in exceptional gastronomy, tailor-made service, scenography and table decoration, allowing guests to live a unique experience. Over the years, the Group has become the key figure of the luxury (POTEL & CHABOT brand) and premium (Saint-Clair Le Traiteur brand) segments.With a turnover of more than €100m and a staff of 550 women and men (up to 1,800 during peak periods of activity), POTEL & CHABOT is now the leading high-end caterer for business receptions and prestigious events in France.

The company is also the exclusive operator of a portfolio of exceptional venues located in the heart of Paris (Pavillon Gabriel, Hôtel d’Evreux, Pavillon Vendôme, Pavillon Cambon Capucine, Pavillon Kléber, Pavillon Dauphine, Pavillon Seine) and a major partner of iconic sporting, cultural and industrial events (The French Open at Roland Garros, Salon du Bourget, La Biennale des Antiquaires, 24H du Mans, Saut Hermès, etc.).

With strong presence in France (in Paris, the Aquitaine and Mediterranean regions) and abroad (in Switzerland, Latin America, China and the Middle-East), the Group intends to further expand its international activities, organically and through acquisitions, with the support of its new shareholders.

The eight banks in POTEL & CHABOT’s pool will continue to support the Management and the investors through this new development phase of the group. Alantra assisted the Management team throughout the transaction and had a major role in the constitution of the funding round, the structuring and the financing of the operation.

Subject to notification to the Competition Authority, the operation is expected to be finalized in the next few weeks.

By Yago Sánchez March 28, 2017 Corporate News, Press Releases

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