Dechert Advises HysetCo in the Acquisition of Slota Group and in a Related €80 Million Fundraising

 
January 19, 2021

Dechert advised HysetCo, a pioneer in hydrogen energy which owns the world’s largest fleet of hydrogen taxis operated by Hype, in connection with the acquisition of Slota Group, a long-standing Parisian taxi operator. Dechert additionally advised on a fundraising round which raised over €80 million. The funds were used to finance this acquisition as well as for the installation of two new refueling stations.

RGREEN INVEST, Mirova (an affiliate of Natixis Investment Managers), RAISE Impact and Eiffel Investment Group joined HysetCo as new financial partners in this fundraising round. As part of this deal, Air Liquide has also increased its commitment.

Dechert advised HysetCo on the following legal aspects:

  • Corporate/M&A: national partner Xavier Leroux and partner Ermine Bolot, assisted by associates Aude Steinberg and Alexandra Ber
  • Tax structure: partner Sabina Comis, assisted by associates Etienne Bimbeau and Pierre Emmanuel Floc'h
  • Finance: partner Privat Vigand, assisted by associates Guénaelle Taroni and Marianne Sajus
  • Employment: national partner Thibault Meiers

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