{"id":14728,"date":"2026-02-10T17:40:47","date_gmt":"2026-02-10T16:40:47","guid":{"rendered":"https:\/\/www.hoche-avocats.com\/?p=14728"},"modified":"2026-03-10T17:42:55","modified_gmt":"2026-03-10T16:42:55","slug":"hoche-avocats-advises-the-historical-shareholders-and-tsg-on-capvests-proposed-acquisition-of-a-majority-stake","status":"publish","type":"post","link":"https:\/\/www.hoche-avocats.com\/en\/hoche-avocats-advises-the-historical-shareholders-and-tsg-on-capvests-proposed-acquisition-of-a-majority-stake\/","title":{"rendered":"Hoche Avocats advises the historical shareholders and TSG on CapVest\u2019s proposed acquisition of a majority stake"},"content":{"rendered":"<p>Hoche Avocats has advised the historical shareholders of TSG, as well as TSG, in connection with the proposed acquisition by private equity firm CapVest of a majority stake in the company.<br \/>\nTSG is a European leader in technical services for critical energy infrastructure. Since being acquired by investment fund HLD in 2020, the group has accelerated its diversification into new energy solutions, particularly in electric mobility. The company is currently valued at approximately \u20ac1.8 billion.<br \/>\nCapVest\u2019s investment is expected to support TSG\u2019s continued growth strategy, including through further acquisitions, and to strengthen the group\u2019s international expansion.<\/p>\n<p>&nbsp;<\/p>\n<p><em><strong>Hoche Avocats team:<\/strong><\/em><\/p>\n<p>M&amp;A \/ Corporate: <em>Jean-Luc Blein (Partner), Sophie Millet (Counsel), Ali\u00e9nor Nicolas (Associate)<\/em><br \/>\nTax: <em>Eric Quentin (Partner), Guilhem Deltour (Senior Counsel), Zo\u00e9 de Dampierre (Counsel)<\/em><br \/>\nTax Vendor Due Diligence (France team): <em>Eric Quentin (Partner), Guilhem Deltour (Senior Counsel), Zo\u00e9 de Dampierre (Counsel), Sarah Bennani (Associate)<\/em><br \/>\nLegal Vendor Due Diligence (Histco \u2013 historical shareholders workstream):<br \/>\n<em>Jean-Luc Blein (Partner), Sophie Millet (Counsel), Ali\u00e9nor Nicolas (Associate)<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><em><strong>Other advisers:<\/strong><\/em><\/p>\n<p>Legal and tax advisers to the selling and reinvesting managers:<br \/>\n<em>Jeausserand Audouard (team led by Carole Degonse and J\u00e9r\u00e9my Jeausserand)<\/em><br \/>\n<em>C Level Partners (team led by Nicolas Menard Durand)<\/em><br \/>\n<em>Adviser to HLD (exiting and reinvesting fund):<\/em><br \/>\n<em>Weil (team led by Jean Duchateau)<\/em><br \/>\nAdviser to CapVest:<br \/>\n<em>Kirkland &amp; Ellis (team led by Vincent Poinsonaille)<\/em><\/p>\n<p>&nbsp;<\/p>\n<p><em><a href=\"https:\/\/www.hoche-avocats.com\/wp-content\/uploads\/2026\/02\/CP-2026-02-10-Hoche-Avocats-conseille-les-actionnaires-historiques-et-TSG-sur-le-projet-dacquisition-de-CapVest.pdf\" target=\"_blank\" rel=\"noopener\">PR \u2013 10 February 2026<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/www.cfnews.net\/Les-alertes-de-CFNEWS\/TSG-monte-en-charge-pour-son-LBO-bis-558774?utm_source=Alertes&amp;utm_medium=email&amp;utm_campaign=Alerte%20express%20du%202026-02-13\" target=\"_blank\" rel=\"noopener\">Cfnews \u2013 13 February 2026<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/www.lemondedudroit.fr\/deals\/102967-hoche-avocats-conseille-les-actionnaires-historiques-et-tsg-sur-le-projet-dacquisition-de-capvest.html\" target=\"_blank\" rel=\"noopener\">Le Monde du Droit \u2013 13 February 2026<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/capitalfinance.lesechos.fr\/deals\/sortie\/hld-cede-tsg-a-capvest-pour-18-mdeur-2215062\" target=\"_blank\" rel=\"noopener\">Capital Finance \u2013 10 February 2026<\/a><\/em><\/p>\n<p><em><a href=\"https:\/\/www.lja.fr\/Content\/Document.aspx?params=H4sIAAAAAAAEAMtMSbH1czUAAiNLM3NjY7Wy1KLizPw827DM9NS8klS13MSSktQiWwMDC0MjZyjPO7XS1iU1MacYAEcJS68-AAAAWKE\" target=\"_blank\" rel=\"noopener\">LJA \u2013 16 February 2026<\/a><\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Hoche Avocats has advised the historical shareholders of TSG, as well as TSG, in connection with the proposed acquisition by private equity firm CapVest of a majority stake in the company. TSG is a European leader in technical services for critical energy infrastructure. Since being acquired by investment fund HLD in 2020, the group has [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[28],"tags":[],"class_list":["post-14728","post","type-post","status-publish","format-standard","hentry","category-track-record"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Hoche Avocats advises the historical shareholders and TSG on CapVest\u2019s proposed acquisition of a majority stake - Hoche Avocats<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.hoche-avocats.com\/en\/hoche-avocats-advises-the-historical-shareholders-and-tsg-on-capvests-proposed-acquisition-of-a-majority-stake\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Hoche Avocats advises the historical shareholders and TSG on CapVest\u2019s proposed acquisition of a majority stake - Hoche Avocats\" \/>\n<meta property=\"og:description\" content=\"Hoche Avocats has advised the historical shareholders of TSG, as well as TSG, in connection with the proposed acquisition by private equity firm CapVest of a majority stake in the company. TSG is a European leader in technical services for critical energy infrastructure. 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