Alantra Advises Groupe Montaner Pietrini Boissons on a Strategic Minority Stake Sale to Groupe LFPI

Mar 2024

Sell-side advisory

Paris – Alantra has advised Groupe Montaner Pietrini Boissons, France’s leading distributor of beverages to cafés, hotels, and restaurants, on the sale of a 10% minority stake to Groupe LFPI. This transaction also includes a €25mn mezzanine investment and the refinancing of the Group’s senior debt, culminating in a total deal value of €132mn.

Founded in 2009 and based in Marseille, Groupe Montaner Pietrini Boissons has become France’s leading independent beverage distributor. Over the past 15 years, it has established a dominant position in the distribution market, benefiting from dynamic end-markets driven by the tourism activity in southern France. The Group is the number one shareholder in Distriboissons, France’s premier group of independent distributors, and has built its success on a diverse product range and customized services, supported by a high-performance logistics network.

Groupe LFPI, one of the leading independent, multi-strategy ESG asset managers, operates across Europe, the United States, and Asia, managing nearly €28bn in assets. Formerly known as Lazard French Private Equity, Groupe LFPI specializes in venture capital investments spanning seed/start-up, early, mid, and late-stage capital investments.

Olivier Guignon, Managing Partner at Alantra, said: “This transaction highlights Alantra’s expertise in delivering high-quality M&A and debt advisory services, and our capabilities in the Consumer Goods & Retail sector. By selecting a suitable investor, we have secured strong support for the Group’s future growth. This third mandate for Montaner Pietrini Boissons in 10 years underscores Alantra’s dedication to long-term client relationships and reinforces our leadership in the French M&A and LBO market.”