Dechert LLP advised FCPR AGIPI Innovation, represented by its management company Equitis, in connection with the acquisition of 9.62% of the share capital of Emova Group (previously Monceau Fleurs), which represents 9.56% of the voting rights. This investment was made through an off-market purchase of shares from Emova Holding.

Founded in 1965, Emova Group, whose shares are listed on Alternext, is the European leader in the retail of flowers and plants with more than 450 flower shops operating under franchise networks Monceau, Happy and Rapid-Flore. Most recently, Emova acquired the group Au Nom de la Rose, a network of 74 stores and franchises which operate in France and abroad.

The Dechert team advising FCPR AGIPI Innovation was led by financial services partner Olivier Dumas and corporate national partner Charles Cardon with assistance from associate Benjamin Lacourt.