McDermott Will & Schulte advised MML Capital on the transfer of the entire share capital of LV Overseas, an international freight forwarding specialist, to its first continuation fund, MML Dorchester.

This transaction enables some of the long-standing investors, notably Bpifrance and Trail, to exit, as well as BNP Paribas Développement to reinvest, while the management team, led by Philippe Massot, Éric Abad, and Mickaël Herrero, remains significantly involved in the share capital.

The McDermott Will & Schulte team was composed of:

• Henri Pieyre de Mandiargues, Partner; Stanislas Offroy, Counsel; Auriane Tournay, Associate; and Gauthier Marchand, Juriste; on the corporate aspects of the transaction
• Côme de Saint-Vincent, Partner; and Paul-Henry de Laguiche, Associate; on tax aspects

Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.

International law firm McDermott Will & Schulte represented H.I.G. Capital, a leading global alternative asset management firm with $74 billion of capital under management, in the formation of H.I.G. Europe Capital Partners IV (Fund IV). Fund IV closed with €1.6 billion of capital commitments and will continue the successful strategy of its predecessor funds, targeting investments in undermanaged European lower middle market companies.

The McDermott team was led by partner Ian Schwartz and included partners David Nestler and Lauren Nevidomsky, as well as associates Freddie Alvarado, Lauren Dehasque, Jonathan Chasin, Cheng-Hau Kee, Brett Podell, Alexa Sakni, Noah Graves, and Grace Kirtland. Partner Kevin Hall and associates Anthony Teng and Samuel Brush advised on tax matters. Partner Todd Solomon advised on ERISA matters.

The Investment Management Group at McDermott is a global leader in representing investment fund sponsors and institutional investors and provides sophisticated counsel to its clients across the full spectrum of investment fund issues and transactions. The Investment Funds Group is embedded in McDermott’s global private equity practice with attorneys who serve as lead counsel to investment funds and institutional investors through their full lifecycle.

Read H.I.G.’s press release.

Leading organizations turn to global law firm McDermott Will & Schulte for a better way to address legal challenges, connect with those at the forefront, and drive stronger outcomes. Working across more than 20 offices globally, our 1,750+ lawyers act on data-driven insights, deep relationships, and unmatched industry experience to deliver on our commitment of Always Better.