Latham & Watkins Advises Colisée Group on the Completion of Its Financial Restructuring

Latham & Watkins has advised Colisée Group, Europe’s fourth-largest elderly care provider, which serves approximately 32,000 residents across 400 locations and with over 22,000 employees, in the approval of its accelerated safeguard plan by the Paris Court of Economic Activities, marking the completion of the group’s financial restructuring.

The transaction durably strengthens the group’s financial structure, enabling an approximately €600 million reduction in its net debt, more than €280 million of new money, and the entry of its financial partners as shareholders.

Latham has supported Colisée Group at every stage of this process.

The Latham team was led from Paris by Restructuring partners Alexandra Bigot and Thomas Doyen, with London Restructuring partners Bruce Bell and Jack Isaacs, Paris associates Hugo Bodkin, Lucas Lo Cascio, Noufissa Bennis Nechba, and Arthur Goldberg, and London associate Mustafa Rehman. Advice was also provided on finance matters by London partners Dominic Newcomb and Tamryn Gallagher, with Paris counsel Aurélien Lorenzi, London associates Yuecheng (Liam) Feng, Corrie Eames, Vanessa Ho, and George Stamp, and Paris associate Hugo Rivière; on capital markets matters by London partner Jennifer Engelhardt, with Paris partner Roberto Reyes Gaskin, and London associate Alex Despotovic; on corporate matters by Paris partner Simon Lange, with Paris associates Juliette Gilioli, Floriane Ying, and Tobias Derlot; on tax matters by Paris partner Estelle Philippi, with Paris associates Jean-Baptiste Bourbier and Margot Legent; and on healthcare and life sciences regulatory matters by Paris partner Eveline Van Keymeulen, with Paris associate Grégoire Paquet.