McDermott Advises Siparex on its Acquisition of a Majority Stake in Passman

McDermott Will & Emery has advised Siparex on its acquisition of a majority stake in Passman, the leading provider of network management and digital solutions for the hospitality industry.

Andera Partners, a long-standing shareholder, is reinvesting in this new round of financing, alongside the founding directors, Frédéric Levy, Patrick Layani and Sylvain Layani, and the main managers.

The McDermott team advising Siparex included:

• Grégoire Andrieux, partner, Herschel Guez, counsel and Elodie Pieraggi, associate, on Corporate aspects.
• Antoine Vergnat, partner, Côme de Saint-Vincent, counsel, and Paul-Henry de Laguiche, associate, on Tax aspects.
• Pierre-Arnoux Mayoly, partner, Shirin Deyhim, counsel, Elizabeth Amzallag and Martin Baffou, associates, on financing aspects.

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