We assist managers and founders in the negotiation and implementation of their package. Astaé's team has for instance been involved in the implementation and unwinding of profit-sharing schemes for several circles of managers during successive LBOs of mid- and large-cap groups.
We have also advised several founders of start-ups in the context of successive fund raising, by securing the personal status of the manager and organizing the mechanisms of exit relief. Giving investors a guarantee on key assets and a full ratchet protection are essential steps, but the fundamental challenge is to anticipate other financing rounds to come.
We know the most active investment funds on the market. Our approach to consulting is strongly marked by our litigation experience: we know that a successful partnership between funds and managers requires, from the outset, a good understanding by the latter of the investment logic of the former.
Throughout their professional and capital-intensive "cohabitation" with the investors, the manager will be able to rely on our expertise, particularly when an adaptation of the management package is necessary due to a change in the group's scope of consolidation.