Category: Deals

Joffe & Associés advised Fountaine Pajot, a leading player in the design of recreational boats, in connection with the creation of E-LEKTRA MARINE, a strategic 50/50 joint venture with the Beneteau Group, resulting from an unprecedented alliance in the nautical sector.

 

This initiative brings together seven leading brands — Beneteau, Jeanneau, Lagoon, Excess, Fountaine Pajot Sailing Catamarans, Fountaine Pajot Yachts, and Dufour — around a single objective: to develop a common standard for electric propulsion and intelligent onboard energy management. By pooling their expertise while preserving their commercial independence, the partners aim to accelerate the transition to low-CO₂-emission sailing and convert 10 to 15% of the global sailing market to electric power by 2030.

 

Building on already significant experience — low-voltage solutions for mid-sized sailing boats on the Beneteau Group side, and high-voltage hybrid systems for large catamarans at Fountaine Pajot — the two groups are leveraging now-mature technologies and making the strategic choice to converge toward a shared standard.

 

In this context, E-LEKTRA MARINE relies on an ecosystem of specialized industrial partners to design solutions tailored to different types of vessels and usage profiles, with the ambition of sustainably structuring the electric propulsion market in recreational boating.

 

In connection with this transaction, the Joffe & Associés team was composed of Christophe Joffe, partner, and Antoine Danieck, associate.

Joffe & Associés advised Aura Aero, a next-generation aircraft manufacturer based in Toulouse, in connection with the restructuring of its bond debt, carried out ahead of a €340 million financing.

 

This transaction, marking a key milestone in Aura Aero’s development, includes a €50 million Series B funding round, €120 million in grants, and a €170 million debt tranche intended to finance the construction of its industrial sites in France (Toulouse–Francazal) and in the United States (Daytona Beach, Florida).

 

Founded in 2018 by three former Airbus engineers, Aura Aero aims to become a major player in European aerospace through its next-generation electric aircraft designed for pilot training and regional passenger transport, as well as its projects in the defense drone sector.

 

In connection with this transaction, the Joffe & Associés team included Thomas Saltiel, partner, Charlotte Viandaz, counsel, as well as Charlotte Duval, Antoine Danieck, and Clément Peillet, lawyers.

Joffe & Associés advised Atream, an asset management company specializing in real estate and private equity funds, which was supporting CARAC, an independent mutual group, in connection with its investment in the operating company of the Stade de France.

 

This transaction follows a process initiated in June 2025, when GL events was appointed concessionaire of the Stade de France, followed by CARAC’s entry into GL events’ share capital in July 2025.

 

As part of this new phase, CARAC is acquiring a 30% stake in SESDF. This investment reflects Atream’s strategy, based on long-term equity investments in strategic assets, contributing to the sustainable transformation of the tourism sector in partnership with leading players.

 

By joining SESDF’s share capital, CARAC and Atream demonstrate their commitment alongside GL events to making the Stade de France an iconic, attractive, and sustainable venue, serving major sporting and cultural events.

 

In this transaction, the Joffe & Associés team was composed of partners Aymeric Dégremont and Romain Soiron.

Joffe & Associés advised SOCADIF Capital Investissement, a subsidiary of Crédit Agricole d’Île-de-France, on its investment in AI6 Technologies, an insurtech company specialising in risk prevention and the optimisation of claims management.

 

This investment was made alongside Generali France to support the acceleration of AI6 Technologies’ development.

 

Founded in 2025, AI6 Technologies develops proprietary solutions based on artificial intelligence and big data to enhance climate risk prevention, improve diagnostic accuracy, and enable faster claims management. These solutions rely on a rich proprietary database and over 30 years of expertise serving the insurance industry.

 

SOCADIF Capital Investissement’s involvement reflects its commitment to supporting innovative companies in the Île-de-France region by backing this high value-added technology platform. Positioned at the heart of the transformation challenges facing the property and casualty insurance sector, the investment aims to accelerate the company’s commercial rollout, strengthen its innovation capabilities, and structure its growth alongside strategic partners such as Generali France.

 

As part of this transaction, the Joffe & Associés team included partner Virginie Belle and associate Alexia Guyot.

 

Joffe & Associés advised Hygie31, a leader in the pharmaceutical market, on the acquisition of Cap Vital Santé, a leading player in the home healthcare and medical equipment sector. This transaction marks a new milestone in the Group’s development and will lead to the creation of a new subsidiary, Hygie Medical.

 

Discussions initiated with Platina Partners, the majority shareholder of Cap Vital Santé, resulted in the acquisition of 100% of the company’s shares.

 

Founded in 2021 and chaired by Hervé Jouves, Hygie31 now brings together 14 subsidiaries and 550 employees, generating €5 billion in revenue. Structured around the management of French retail banners, support for regional pharmacy networks, and B2B and B2C e-commerce activities, the Group also operates in Spain and Italy and is targeting €6 billion in revenue by the end of 2026.

 

With the integration of Cap Vital Santé and its 230 points of sale generating €150 million in revenue, Hygie31 is strengthening its territorial footprint and consolidating its leading position in the “better living” and local healthcare market.

 

For this transaction, the Joffe & Associés team included Christophe Joffe and Camille Malbezin (partners), together with Alexia Guyot (associate).

Joffe & Associés acted as legal advisor to HPLE in connection with the sale of Aquavigie, a provider of water leak detection equipment, to Cadis, a Belgian company expanding into the French market.

 

Aquavigie, a leading player for two decades, offers solutions (sensors and connected systems) to quickly detect water leaks and prevent damage in buildings and other infrastructures.

 

The acquisition of Aquavigie, previously an independent company based in the Paris region, allows Cadis to expand its presence in the French market.

 

Integrating Aquavigie’s activities under Cadis brand strengthens the company’s expertise and also reinforces its position in the European market, supporting its growth strategy across key sectors such as data centers, healthcare, financial services, and the pharmaceutical industry.

 

Joffe & Associés advised HPLE on all legal aspects of the transaction, with Aymeric Dégremont (partner, corporate M&A).

Joffe & Associés advised long-standing investors Innovacom and Bpifrance (through its Digital Ventures fund) on the approximately €5 million funding round completed by AI Verse.

 

A specialist in synthetic data generation for computer vision, AI Verse is transforming the training of AI models across the robotics, defense, security, and smart cities sectors.

 

This transaction will finance the recruitment of engineers, product experts, and sales professionals to accelerate the commercialization of its platform, meet growing demand, and expand into new international markets.

 

Already a leader in defense and security, AI Verse is now targeting industrial robotics, humanoids, critical infrastructure inspection, and intelligent assistance systems, with ambitions in medical imaging and augmented reality.

 

As part of this transaction, the Joffe & Associés team consisted of Thomas Saltiel (partner), Charlotte Viandaz (counsel) and Océanne Lewden (associate).

Joffe & Associés advised Microoled in connection with its €8.5 million fundraising, as well as its investors. This transaction follows the extended financing round completed in November 2024, which saw the entry of Applied Ventures, the venture capital arm of Applied Materials.

 

Microoled, a recognized specialist in the manufacture of high-resolution, low-power OLED micro-displays, continues to pursue its innovation strategy and international expansion. The company masters a rare technology: the production of organic light-emitting micro-diodes, serving both recreational applications and security-related markets.

 

This fundraising follows a €21 million round in 2023, led by Jolt Capital and the French Defence Innovation Fund, managed by Bpifrance and supported by the French Defence Innovation Agency, which enabled Microoled to strengthen its product range, increase production capacity in Grenoble, and reinforce its sales teams. Historical investors Ventech and Cipio Partners also took part in that transaction.

 

This latest financing will help accelerate Microoled’s international expansion, particularly in the United States, and further support its research and development efforts.

 

The Joffe & Associés team advising on the transaction was composed of Thomas Saltiel and Camille Malbezin, partners, and Antoine Danieck, associate.

Joffe & Associés advised Demeter, a leading European private equity firm committed to ecological and industrial transition, in connection with the €3.6 million fundraising carried out by the startup Allergen Alert.

 

The transaction was completed through the Lyon/Saint-Étienne Metropolitan Industrial Seed Fund (FAIM), alongside bioMérieux and a banking pool comprising Bpifrance and private banks.

 

Based in Lyon, Allergen Alert develops an innovative and portable technology enabling the rapid detection of food allergens and gluten, addressing a major public health issue. The solution, resulting from a technology transfer from bioMérieux, aims to significantly reduce exposure risks for allergic and celiac individuals.

 

This new round of financing will allow Allergen Alert to finalize its technical developments, accelerate industrialization, and prepare for large-scale commercial deployment.

 

The Joffe & Associés team involved in this transaction included Thomas Saltiel, partner, and Paddy Pascot, associate.

Joffe & Associés advised Hygie31, a French group and leading player in the pharmaceutical market operator of Pharmacie Lafayette and six other networks, in connection with its strategic partnership with GalileoLife, an Italian network comprising 690 independent pharmacies.

 

This partnership aims to accelerate GalileoLife’s development by leveraging Hygie31’s expertise and services. It includes the launch in Italy of a new concept inspired by Pharmacie Lafayette, as well as the implementation of joint solutions to optimize pharmacy management.

 

The alliance will enable GalileoLife to strengthen its network, expand its portfolio of exclusive brands, and share services with Hygie31, enhancing the performance of their affiliated pharmacies. More broadly, this initiative is part of Hygie31’s European strategy, already underway in Spain, aimed at building a robust ecosystem to support independent pharmacies, while reinforcing its strong social commitment to ensuring access to healthcare for all.

 

The Joffe & Associés team advising on this transaction included partners Christophe Joffe and Camille Malbezin.