Idinvest Partners, advised by Arsene and others, bought into the capital of Vision Systems, a medium-sized business of the Lyon area and world leader in solar protection systems, with a 20% stake, following in the steps of A Plus Finance that supported the group from 2013 up until now.
This transaction is rounded off with the issuance of convertible bonds undertaken by NOVI 2 and a senior debt raised with the historic bank pool coordinated by CIC and joined by BNP and Crédit Coopératif.
Vision Systems implements opacifying glazing and a new generation of solar protection for the aviation industry as well as the boat and train industries. The group has worked with renowned clients on these markets and large-scale projects are currently in progress. This year will see the opening of a new foreign subsidiary and new international headquarters, with major manufacturing plans slated for new products: Vision Systems is set to mark a major milestone in its history.
Arsene was in charge of tax due diligence for Idinvest in the transaction. The team from Arsene was made up of Laurent Partouche, Associate, Hélène Leclère and Diane Kany, Attorneys, and Thomas Grizel on Research Tax Credit issues.
Media contacts: Enderby
Franck Moulins – T +33 (0)1 83 64 71 79 – [email protected]
Damien Piganiol – T +33 (0)1 83 64 71 77 – [email protected]