Latham advises Core Equity Holdings in its acquisition of a majority stake in Provalliance

Core Equity Holdings, a highly differentiated investment advisor aiming to provide patient and flexible capital to European companies, has announced that it has purchased a majority stake in Provalliance, the European leading provider of haircare services and products.

The company has a global network of over 3,000 salons operating under 17 separate leading brands, including, among else, Franck Provost & Jean-Louis David. It also operates Bleu Libellule, a fastgrowing omnichannel distributor of professional haircare products.

Latham advised Core Equity Holdings with a Paris team led by partner Gaëtan Gianasso with counsel Bénédicte Large Bremond and Alexandre Magnier on corporate aspects. Partner Jean-Luc-Juhan advised on intellectual property matters.