Transaction

Clearwater advises Bien sur la route on its acquisition of Les Voitures Noires

Transaction

Bien sur la route acquired Les Voitures Noires

Buy-side

Undisclosed

Role

Adviser to the shareholders of Bien sur la route on its acquisition of Les Voitures Noires

Sector

Business Services

Region

France & Belgium

We have advised Bien sur la route on its acquisition of Les Voitures Noires.

Bien sur la route, which provides car rental and training services to private chauffeurs across five cities in France, has acquired Les Voitures Noires, the largest car rental company for private chauffeurs in the country.

Founded in 2013, Les Voitures Noires operates a network of 3,000 vehicles, offering car rental services to private chauffeurs as well as car maintenance services.

Following Les Voitures Noires' placement into receivership, Bien sur la route injected €3m to take over the car rental activity, its client base, and 22 of its 49 employees. The car maintenance activity will be acquired by a third party.

BSLR car

This acquisition will place us as the largest French chauffeur-driven car group.

PIERRE-YVES CHAMLA, BIEN SUR LA ROUTE, PRESIDENT

Advisers

Transactions