Founded in Paris in 1920, Gide is a leading international law firm with 12 offices spread throughout the world.
Gide is physically present in six regions of the world, with 11 offices, enabling it to act on cases globally.
12 September 2012
Deals | France & Belgium | M&A
Gide Loyrette Nouel advised the Caisse des dépôts et consignations, which manages the Fonds national pour la Société Numérique (National Fund for a Digital Society) part of the Programme Investissements d'Avenir (Investing for the Future Programme), on the creation of cloud computing infrastructure company Cloudwatt. Partner companies Orange and Thales were advised by August & Debouzy.
Cloudwatt will receive overall equity capital financing reaching EUR 225 million. Capital allocation is 66.6% for the industrial partners (Orange 44.4%, Thales 22.2%) and 33.3% for the Caisse des Dépôts, which joins the project in its own name and on behalf of the French State in the context of the Programme Investissements d'Avenir.
The Gide and August & Debouzy teams were on hand throughout the project, assisting the Caisse des dépôts et consignations, Orange and Thales in the creation, structuring and development of this project.
Legal counsel to the Caisse des dépôts:
Gide Paris (Antoine Bonnasse (partner), Lucile Gaillard and Jean-Christophe Devouge for corporate aspects, Eric Cartier-Millon (partner) and Delphine Guillotte for financing aspects, Laurent Deruy (partner) and Etienne Amblard for Public & Administrative Law aspects and Thierry Dor (partner) for IT aspects)
Legal counsel to the Caisse des dépôts, Orange and Thales:
Gide Brussels (Laurent Godfroid and Ségolène Pelsy regarding notification to competition authorities)
Legal counsel to Orange and Thales:
August & Debouzy: Gilles August and Julien Aucomte (partners), Sibylle Natcheva (of counsel) and Benoit Robert for corporate aspects, Renaud Christol (of counsel) for competition aspects
