Fairway advised Abénex and its selling partners in the reorganization of LP Promotion’s shareholding. This transaction ratifies the exit of Abénex, which had joined in 2017, and of the Group’s historical founder, Lucien Ponsot, while ensuring the continuity of the team in place and the entry into the capital of a certain number of Group managers. The transaction also provides significant financial resources to support the Group’s ambitions, with development in new regions and an acceleration of the development and management of serviced residences (students, co-living, intergenerational, seniors).
Following a tight process involving industrialists and specialized financiers, the real estate fund Aermont Capital has been chosen to take over. It relies on financing provided by the historical lenders, Société Générale and Zencap. The management team is accompanying it in this operation, with new executives joining the capital.