Freshfields advises Charterhouse Capital Partners on its acquisition of Batibig

Global law firm Freshfields has advised Charterhouse Capital Partners (“Charterhouse”), one of the longest-established private equity firms operating in Europe, on its entry into exclusive negotiations with the existing shareholders for the acquisition of a majority stake in Batibig, a leading B2B provider of emergency building repairs, maintenance, and renovation services in France.

Charterhouse will invest in partnership with Batibig’s co-founders, Charles and Justin Bignon, who will continue to lead the business alongside the existing management team. The transaction is subject to customary regulatory approval.

Founded in 2005, Batibig has built a leading position in the French market with more than €500m in revenue through a differentiated multi-service, multi-regional platform offering customers a single point of contact for emergency repairs, maintenance and renovation works for residential and commercial buildings. Batibig operates through a network of companies across France and employs over 2,000 people, carrying out more than 300,000 interventions annually.

The Freshfields team was coordinated by partners Nicolas Barberis and Julien Rebibo, with senior associate Octavian David and associates Jing Ye and Lucas Bernadet advising on the corporate aspects. Partner Stéphanie Corbière and senior associate Marie Jarrety advised on the financing aspects. Partner Christel Cacioppo and senior associate Matthias Triolle advised on the employment law aspects.