AnaCap’s €300 Million Acquisition of Market Pay

Eight Advisory Avocats, Latham & Watkins, Desfilis, and Proskauer advised on the deal.

AnaCap Financial Partners entered into exclusive negotiations with Carrefour Group for the purchase of a majority stake in Market Pay, an end-to-end payments platform.

As part of the deal, Carrefour Group would maintain a stake in the business and AnaCap’s proposed ownership would see Market Pay remain the exclusive payments provider for the Carrefour Group, while further diversifying its client base.

The transaction is AnaCap’s first investment in the French payments space, and leverages their in-depth European knowledge of the sector. Proskauer previously advised AnaCap on its sale of German payments business heidelpay to KKR.

Eight Advisory Avocats advised AnaCap with Guillaume Rembry (Picture) and Baptiste Gachet.

Latham advised Carrefour with a team in Paris led by Pierre-Louis Clero, with Patrick Laporte, Jean-Luc Juhan, Sharon Mitz, Ornella Capillon; Xavier Renard, Alexis Caminel; Jacques-Philippe Gunther, Mathilde Ayel, Wenceslas Chelini; Lionel Dechmann, Aurélie Buchinet; Myria Saarinen Charlotte Guerin; Matthias Rubner, Celia Gallo.

Desfilis advised Market Pay’s CEO Isabelle Clairac with Guillaume Giuliani, Marie-Victoire James, Eléonore Coquerel (M&A), Frédéric Bosc (Tax) and Anastasia Fleury (Employment).

The Proskauer team advising AnaCap was led by M&A partner Richard Bull and included private credit partner Alex Griffith, tax partner Stephen Pevsner, M&A associate Jenny Bowe, special antitrust & regulatory counsel Jade-Alexandra Fearns, M&A associate Mark Hume and private credit associate Charlotte Boylin (London), corporate partner Delia Spitzer and special international corporate counsel Stephanie Martinier (Paris).

Involved fees earner: Frédéric Bosc – Desfilis; Eleonore Coquerel – Desfilis; Anastasia Fleury – Desfilis; Guillaume Giuliani – Desfilis; Marie-Victoire James – Desfilis; Baptiste Gachet – Eight Advisory; Guillaume Rembry – Eight Advisory; Mathilde Ayel – Latham & Watkins; Aurélie Buchinet – Latham & Watkins; Alexis Caminel – Latham & Watkins; Ornella Capillon – Latham & Watkins; Wenceslas Chelini – Latham & Watkins; Pierre-Louis Cléro – Latham & Watkins; Lionel Dechmann – Latham & Watkins; Celia Gallo – Latham & Watkins; Charlotte Guerin – Latham & Watkins; Jacques-Philippe Gunther – Latham & Watkins; Jean-Luc Juhan – Latham & Watkins; Patrick Laporte – Latham & Watkins; Sharon Mitz – Latham & Watkins; Xavier Renard – Latham & Watkins; Matthias Rubner – Latham & Watkins; Myria Saarinen – Latham & Watkins; Jenny Bowe – Proskauer Rose LLP; Charlotte Boylin – Proskauer Rose LLP; Richard Bull – Proskauer Rose LLP; Jade-Alexandra Fearns – Proskauer Rose LLP; Alex Griffith – Proskauer Rose LLP; Mark Hume – Proskauer Rose LLP; Stéphanie Martinier – Proskauer Rose LLP; Stephen Pevsner – Proskauer Rose LLP; Délia Spitzer – Proskauer Rose LLP;

Law Firms: Desfilis; Eight Advisory; Latham & Watkins; Proskauer Rose LLP;

Clients: AnaCap Financial Partners; Carrefour; Isabelle Clairac;

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