FRANCE - Avenir Tourisme purchases Yachts de Paris

Avenir Tourisme has backed the buyout of Yachts de Paris, alongside co-investor Perspectives et Participations. The buyers have taken a 30% stake in the business, while the company’s managing director, Marc Bungener, holds the balance. A private investor has exited the shareholding he acquired in 2001. BRED and Banque Populaire Rives de Paris underwrote the senior debt facilities to support the financing of the deal.