Overview

"The best tax practitioner in France as he is efficient, hardworking, experienced and very innovative." Chambers Global

"Laurent Borey stands out for being an incredible tax expert and a deal facilitator who knows all the aspects of a transaction and is excellent at mastering numbers.” Legal 500 EMEA

Admitted to the Paris Bar, Laurent Borey is one of the five firm practice leaders heading Mayer Brown's Tax practice worldwide and is also member of the team leading the Mayer Brown Investment Fund Group.

Laurent is one of France’s leading lawyers on private equity matters (fund structuring and transaction) for his work representing private equity sponsors and his vast experience in the structuring of large, complex, cross-border M&A transactions. Laurent also regularly advises prominent entrepreneurs on their personal tax matters and has developed a renowned expertise in tax litigation.

Over the last several years, he has advised and played a key role on many massive international deals, with deal values totaling more than $100 billion. These include: Altice spin-off of its towers and infrastructure business, Delachaux, Rubix (former name IPH), SIACI, Primonial, Webhelp, CPK (Eurazeo), Cooper (Charterhouse), Cablevision (Altice), Suddenlink (Altice), NextRadioTv (Group News Participation), Comexposium (Charterhouse), Balmain, Sandro Maje, Portugal Telecom (Altice), Express Roularta Group (Altice), Numericable-SFR (Altice), Worldwide Flight Services (LBO France), Labeyrie (LBO France), Elis (Eurazeo), Parex Group (CVC Capital Partners), SFR (Numericable), Hamleys (Ludendo) and Vivarte.

Laurent ranks in band one in Chambers Global 2015 and was one of the nominee for the Law 360 MVP award for 2015. He was named "Lawyer of the Year" in 2014 by the French magazine Option Finance and “Tax Advisor of the Year” by Magazine des Affaires for 2011, 2014 and 2015. Laurent is also one of the Mayer Brown practitioners listed in Who’s Who Legal and in Who’s Who France.

Spoken Languages

  • English
  • French

Experience

Non-exhaustive list of deals in which Laurent Borey was involved include:

  • Advised the management of Delachaux SA, a French leading company in rail infrastructure equipment and diversified industries in connection with the minority investment in Delachaux by Caisse de dépôt et placement du Québec (CDPQ).
  • Advising Charterhouse on the sale of the group SIACI SAINT HONORE to its management and teams
  • Advised private equity fund ICG on the acquisition of Sogal, a French manufacturer of tailor-made interior design.
  • Advised the Comexposium group (held by Charterhouse) on the structuring of the full (cashless) refinancing of its external debt.
  • Advised the management of Primonial, one of the French leaders in asset management for individuals, on their minority investment in the group, in the context of the purchase of a majority shareholding by the private equity fund Bridgepoint (with Crédit Mutuel Arkéa also retaining a minority stake).
  • Advised private equity fund Sagard on its acquisition of Ipackchem, a leading European company specialized in plastic packaging, from Cerea Partenaire and Bpifrance.
  • Advised the Cooper/Vemedia group (held by Charterhouse) on the structuring of the full (cashless) refinancing of its external debt drawn down in January 2016.
  • Advised private equity fund Charterhouse and other investors on the structuring of their acquisition of SERB pharmaceuticals.
  • Advised Coalition Media Group on the structuring of its acquisition of the press media L’étudiant and other BtoB related media activities from SFR.
  • Advised private equity fund Eurazeo on the acquisition of sweets and chocolates manufacturer CPK (Carambar, Poulain, Krema), along with other investors, from Mondelez International.
  • Advised Groupe Stago on the structuring and financing aspects of its acquisition of an 80% stake in HemoSonics, an American point of care diagnostic centers, from founders.
  • Advised Altice NV on tax and structuring aspects of the IPO and NYSE Listing of its US affiliate Altice USA.
  • Advised the managers of Industrial Parts Holding (IPH) on their reinvestment in connection with the acquisition from PAI Partner of IPH – a leading European distributor of industrial supplies- by its competitor Brammer France, main European supplier of goods and services for maintenance and repair, controlled by Advent International.
  • Advised Altice on the progressive acquisition of SFR free float and its subsequent delisting.
  • Advised the management of Sandro Maje Claudie Pierlot (SMCP), an affordable luxury clothing manufacturer, in connection with the listing of the group on Euronext Paris.
  • Advised Quadrifolio France and Codimmo on the structuring aspects of its M€ 95 debt refinancing.
  • Advised the Webhelp Group on the structuring aspects of its M€ 635 debt refinancing.
  • Advised private equity fund LBO France on its acquisition of groupe RG Safety from Abenex.
  • Advised Altice NV and SFR Group on an exchange offer for SFR shares targeting the 22.5% free-float not yet owned by Altice. The transaction values SFR at approximately 11 billion Euros.
  • Advised Comexposium on its acquisition of SIAL.
  • Advised Cooper (ultimately owned by Charterhouse Capital Partners) on its acquisition of the Vemedia Group, one of Europe’s leading producers and distributors of over the counter (OTC) drugs, food supplements and medical devices.
  • Advised Eurazeo on the creation of the Grape Hospitality group and its acquisition of 85 hotels in France and Europe from Accor and other real estate private equity funds.
  • Advised SFR Numericable on the structuring of the refinancing of its Senior debt and Notes.
  • Advised the French Telecom group Numéricable - SFR on the structuring of its acquisition of Altice Media Group France.
  • Advised the French Telecom group Numéricable - SFR on the structuring of the acquisition of Altice's stake in Next Radio TV.
  • Advised the real estate company SCI Quadrans Est – indirectly controlled by Altice founder P. Drahi - on the structuring aspects of its acquisition of office premises to be leased to Next Radio TV.
  • Advised Bridgepoint Development Capital on the sale of the French interior design and architecture studio for luxury private residences Christian Liaigre group to Navis Capital Partners and Symphony Asia.
  • Advised private equity fund Quilvest, along with BPIFRANCE Investissement and the managers, on their acquisition of Sogetrel, a telecom networks integrator, from Equistone Partners, Idinvest partners, Ardian (Private Debt), and Capzanine.
  • Advised Altice on the acquisition of Teads.
  • Advised the shareholders of Maison Kurkdjian on an agreement between Maison Francis Kurkdjian and the LVMH group.
  • Advised Charterhouse Capital Partners on the acquisition of Sagemcom.
  • Advised Altice and SFR Group on a Public Tender Offer.
  • Advised the management of SMCP in the context of the acquisition of a majority stake by Shandong Ruyi group.
  • Advised But’s management with regard to the group’s acquisition by a consortium led by Clayton, Dubilier & Rice and WM Holding.
  • Advised Altice with regard to the acquisition of Cablevision Systems Corporation.
  • Advised the management of the French fashion house Pierre Balmain with regard to the acquisition of the group by Mayhoola.
  • Advising SFR with regard to the acquisition of print media.
  • Advising Groupe News Participations on the structuring of its takeover bid for NextRadioTV.
  • Advising Charterhouse Capital Partners on the structuring of the acquisition of the French pharmaceutical group Cooper from the investment fund Caravelle.
  • Advising Webhelp on the structuring of the acquisition of Webhelp by the management team alongside with KKR from Charterhouse Capital Partners.
  • Advising Altice on the structuring of its $17.7 billion acquisition alongside BC Partners and Canada Pension Plan Investment Board of the US cable operator Cable Vision.
  • Advising Altice on the structuring of its $9.1 billion acquisition alongside BC Partners and Canada Pension Plan Investment Board of the US cable operator Suddenlink.
  • Advising Altice and Numericable-SFR on the structuring of the €3.9 billion purchase of the 20 percent stake held by Vivendi in Numericable-SFR.
  • Advising Altice on the structuring of its €7 billion purchase of Portugal Telecom, Portugal’s largest telecom operator, from Brazilian operator Oi.
  • Advising Altice Media Group on the structuring of its acquisition of Groupe Express Roularta, a major French press group whose publications include L'Express, L'Expansion, Mieux Vivre votre Argent, Lire, Studio CinéLive, L'Étudiant and Point de Vue.
  • Advising Altice on the structuring of its strategic partnership with Alain Weil (main shareholder of the NextRadioTv group owning various radio (RMC) and TV channels (BFM TV).
  • Advising Outremer Telecom on the sale of its Réunion and Mayotte operator mobile telecoms activities to Madagascar-based Hiridjee Group.
  • Advising Charterhouse Capital Partners on the structuring of the acquisition of Comexposium, European leader in the organization of trade fairs and shows, through a partnership with the Paris Chamber of Commerce.
  • Advising LBO France on the sale of Worldwide Flight Services to Platinum Equity. WFS is the world’s largest cargo handler and a leading global provider of aviation ground handling and technical services.
  • Advising Eurazeo on the structuring of the IPO of Elis, European leader in linen and workwear rental.
  • Advising LBO France on the structuring of the purchase of IKKS, a clothing and apparel retailer.
  • Advising Oaktree Capital Management on the structuring of the purchase of Veolia’s waste management and water desalination activities in Israel.
  • Advising Parquest Capital on the acquisition of Caillau from ING Belgium.
  • Advising the founder of Groupe Rougnon (French environmental engineering services provider) and the management team in the sale of a minority stake in the group to EdRip.
  • Advising Ludendo on the structuring of the sale of the Hamleys toys group to C. Banner International Holdings.
  • Advised the founders of La Compagnie Boutique Airline, a new French business-class-only scheduled airline, with regards to the creation and structuring of the company, the fundraising and the rental of its two first aircrafts.
  • Advising Numericable on the structuring of the acquisition of SFR, France’s second-largest telecom operator (2014 — largest and highly publicized M&A deal in Europe that year).
  • Advising Vivarte, a leading French retailer of shoes and apparel, on the restructuring of its debt (2014 — largest debt restructuring in Europe that year).
  • Advising Materis and Kerneos on the structuring of the sale of the latter to Astorg Partners.
  • Advising Labeyrie Fine Foods (gourmet food producer) and its shareholder LBO France with respect to the structuring of the high yield refinancing of its leveraged debt.
  • Advising the Stago Group (In Vitro Diagnosis (IVD) industry, wholly dedicated to the exploration of haemostasis and thrombosis) on the reorganization of its European activities along with the issue of debt for the financing of its activities and development.
  • Advising Funecap (funeral services provider) on the acquisition of Société des Crématoriums de France (SCF).
  • Advising LBO France on the structuring of its acquisition of the Chryso group (chemical specialist in the construction materials) from Materis.
  • Advising CVC Capital Partners on the structuring of its acquisition of the Parex group (specialist in the materials for civil engineering, infrastructure and construction) from Materis.
  • Advising Medi-Partenaires in the structuring of the acquisition of Médipôle Santé Sud (2014 — creation of the second largest French group of private hospitals).
  • Advising Elais Capital on the structuring of the acquisition of the France Elévateur Group.
  • Advising Daltys II on the structuring of the acquisition of the "Vending" activity of Coca Cola Enterprise.
  • Advising Charterhouse Capital Partners on the structuring of the IPO of Elior.
  • Advising Ludendo on the structuring of its acquisition of the Hamleys toys group.

Education

Université de Dijon, DESS de Fiscalité

Université Paris II Panthéon-Assas, Maîtrise Droit des Affaires et Fiscalité

Admissions

  • Paris

Memberships

  • Lecturer at the Hautes Etudes Commerciales (HEC) Business School in 1999 and 2000

Continually recommended by the legal directories as a Leading Individual :

2018

  • “Laurent Borey stands out ‘for being an incredible tax expert and a deal facilitator who knows all the aspects of a transaction’ and is ‘excellent at mastering numbers’.” Legal 500 EMEA (2018)
  • “Clients describe practice head Laurent Borey as a ‘solution provider and an excellent technician,’ in addition to highlighting his ‘exceptional knowledge and ability to find solutions.’ He remains a market leader in tax law thanks to his expertise in M&A and private equity transactions taxation.” Chambers Europe (2018).

2017

  • The new edition of Best Lawyers,a peer review guide to the legal profession has recognized Laurent Borey among "the best lawyers". (2017).
  • The new edition of Décideurs, a French media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Private Equity. (2017).
  • The new edition of Décideurs, a French media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Tax transaction. (2017).
  • "Laurent Borey focuses mostly on private equity transactions. Clients report: He is a very good technician and facilitator. He will understand the main points and has a holistic view on the deal. He is very good to have around on the deal. He is very creative and can think outside of the box. He understands the market trends before everyone else." Chambers Europe (2017)
  • “Practice head Laurent Borey is top notch.” Legal 500 EMEA (2017)
  • Le Magazine des Affaires, a leading legal industry publication in France has recognized Laurent Borey as the leading Tax practitioner in France (number of transactions).
  • The new edition of Option Droit & Affaires, a leading publication in France for finance professionals, has given the Paris office a 5 star ranking for the category "Law firms in LBOs, of which most of the deals involves companies ranging between €50 M and €300 M", recognizing partner Laurent Borey. (2017).
  • The new edition of Option Droit & Affaires, a leading publication in France for finance professionals, has given the Paris office a 3 star ranking for the category "Advice to managers in LBO deals", recognizing partner Laurent Borey. (2017).

2016

  • The new edition of Best Lawyers, a peer review guide to the legal profession has recognized Laurent Borey as one of the leading Tax practitioners in the world since 2010. (2016)
  • "From Mayer Brown Laurent Borey has advised and played a key role in many recent high-value international deals. He is recommended for offering "a personal service and a high standard of client care". Who’s Who Legal (2016).
  • "Laurent Borey is well known for his skill in handling the tax aspects of private equity transactions. One market source notes that he has a standout reputation when it comes to private equity firms. He is also described as very dynamic." Chambers Europe (2016)
  • "The very creative and hardworking." Legal 500 EMEA (2016)
  • "L’équipe d’une dizaine d’avocats est dirigée par le très inventif Laurent Borey" Legal 500 Paris (2016)
  • “A key contact at Mayer Brown is Laurent Borey who leads the tax practice at the firm's offices in Paris. He leads a team which focuses on transactional work, with a particular reference to leveraged buy-outs (LBOs) M&A transactions and transfer pricing, as well as being extremely competent to offer counsel on various tax controversy issues, including dispute resolution and litigation.” ITR World Tax Review (2016)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Tax Transactions. (2016)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Tax Structuring (LBO). (2016)

2015

  • The new edition of Best Lawyers, a peer review guide to the legal profession has recognized Laurent Borey as one of the leading Tax practitioners in the world since 2010. (2015)
  • "Laurent Borey advises both domestic and international businesses on the tax elements of a variety of transactions, including M&A, fund creation and real estate acquisitions. One interviewee described him as the best tax practitioner in France as he is efficient, hardworking, experienced and very innovative." Chambers Europe (2015)
  • "Practice head Laurent Borey shows « excellent strategic vision of a deal and forward-thinking". Legal 500 EMEA (2015)
  • "Laurent Borey, qui dirige l’activité fiscale du cabinet, est salué pour son excellente vision stratégique et ses capacités d’anticipation" Legal 500 Paris (2015)
  • "Mayer Brown dont Laurent Borey, responsable de l’équipe, s’est imposé sur un grand nombre de dossiers de fiscalité transactionnelle. L’un de ses clients note « un travail exceptionnel, une qualité parfaite, un souci constant du détail et une capacité à modéliser les décisions fiscales, qui permet de mesurer les choix faits et les enjeux." L’Opinion (2015)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Excellent" in Tax Transactions. (2015)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Tax Structuring (LBO). (2015)

2014

  • The new edition of Best Lawyers, a peer review guide to the legal profession has recognized Laurent Borey as one of the leading Tax practitioners in the world since 2010. (2014)
  • "Laurent Borey remains highly active and visible. His areas of focus include assisting clients with transactional work in private equity, and advising on the structuring aspects of fund creation and real estate transactions." Chambers Europe (2014).
  • Le Magazine des Affaires, a leading legal industry publication in France has recognized Laurent Borey as one of the leading Tax practitioners in France. (2014).
  • Option Droit & Affaires (Option Finance), a leading publication in France for finance professionals has recognized Laurent Borey as "Lawyer of the Year" in France. (2014)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Excellent" in Tax Transactions. (2014)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Tax Structuring (LBO). (2014)

2013

  • The new edition of Best Lawyers, a peer review guide to the legal profession has recognized Laurent Borey as one of the leading Tax practitioners in the world since 2010. (2013)
  • "Laurent Borey is described as creative, smart and always in the driving seat on deals. He is particularly noted for his expertise in private equity matters." Chambers Europe (2013)
  • The new edition of Décideurs, a french media and rating agency for top executives has recognized Laurent Borey as "Unavoidable" in Tax Structuring (LBO). (2016)