Henry-Louis Mérieux, Managing Partner of MML, explains:
“We are very excited to support LV Overseas in the next stage of its development. LV Overseas is a great entrepreneurial adventure that combines a strong corporate culture with an international focus. It has a unique ability to integrate and create partnerships with a large number of complementary companies who have been willing to join the project. We have also been very impressed by testimonies from the group’s partners and clients of the quality of service and proximity of support the business offers.”
Philippe Massot, CEO of LV Overseas, comments:
“With the support of our new partners, LV Overseas aims to further broaden our platform of entrepreneurs, which is unique in the freight forwarding industry. We are delighted to welcome MML and Bpifrance as new shareholders and look forward to building solid and sustainable growth for years to come.”
LV Overseas provides logistic services to a wide range of c.7,000 clients. The business is positioned as a unique consolidation platform with a successful M&A track record, completing six acquisitions in the past two years, and a very resilient organic growth profile.
The MML deal team consisted of Henry-Louis Mérieux (Managing Partner), Louis de Montille (Investment Director), Anne-Claire Laine (Investment Manager) and Charles Le Texier (Investment Manager).
MML was advised by Canaccord Genuity (Olivier Dardel, Denis Vidalinc), ETXE Finance (Romain Petit), EY (Gratien de Pontville), Advention (Alban Neveux) and McDermott (Henri Pieyre de Mandiargues).
LV Overseas was advised by Vulcain (Marie-Charlotte Bonnemay), Roland Berger (Didier Bréchemier), Eight Advisory (Stéphane Vanbergue) and Hogan Lovells (Stéphane Huten).