Walter Billet Avocats advised the selling branch of the Luftman family on the sale of one-third of Riviera Villages’ share capital to Ladouceur Group, which now holds a majority stake.
Riviera Villages operates three iconic open-air hotels in the Gulf of Saint-Tropez: Les Prairies de la Mer (Grimaud), Kon Tiki, and Toison d’Or (Ramatuelle).
This sponsorless transaction, financed by a banking syndicate and the mezzanine investor Kartesia, marks a significant milestone in the development of Ladouceur Group, which now unites the two exclusive brands Riviera Villages and Collection Rivages under a unified governance structure, representing a portfolio of ten 4- and 5-star villages.
Advisors on the transaction:
Walter Billet Avocats advised the sellers on legal matters, with a team comprised of partners Fabien Billet and Christophe Cussaguet.
D&A Corporate Finance also advised the sellers on this transaction, with Jean-Marc Dayan, managing partner, Alban Boitel, managing director, Pierre Darras, and Manon Devanneaux.
Degroux Brugère represented the buyers on corporate and tax matters, with partners Jérémie Swiecznik and Nicolas Ballet.