10 April 2024
Deals | France | M&A
Gide advised HysetCo in raising nearly 200 million euros from a group of investors led by Hy24, to accelerate its development.
HysetCo is positioned both in the deployment of stations and in the provision of vehicles through a turnkey offer. The company has already converted more than 500 professionals to its solution, mainly cab drivers, and distributes nearly 30 tonnes of hydrogen every month. By 2025, it aims to deploy more than a dozen new stations.
The Gide team comprised partner Thomas Urlacher, Iléna Germain and Saad Chati on M&A aspects; partner Hubert Merveilleux and Louis Ravaud on bond aspects; partner Laetitia Lemercier and Clément Patard on security aspects; partner Marie Bouvet Guiramand and Marine Lecomte on operational contracts aspects; counsel Elizabeth Gautier on competition aspects; partners Caroline Lan and Paul de France, Manon Volle-Lenoir, Manon Lorthiois and Oumnia Benkirane on management package aspects.