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31 December 2019

Stehlin & Associés advised Protectim on the sale of a minority stake to Dzeta Conseil

Stehlin & Associés advised Protectim Security Services, a Parisian security services company, on the sale of 20% of its share capital to Dzeta Conseil, the family office detained by the Darmon family, via a first LBO.

With more than 110 M € of turnover, and its 4,500 employees (security guards, close protection, fire safety, managers and trainers), Protectim was launched in 2004 by Dan Bellaiche, manager and owner of 100% of the share capital. The impressive growth and excellent management, led the company to an unprecedented level of profitability in the security sector. Its customers are large retailers, stores and large shopping centers, tertiary sites and head offices. Aiming an increase of its market share in France and abroad, Protectim welcomes Dzeta Conseil as a minority shareholder to its equity capital.

Anna-Christina Chaves, partner in charge of employment, within Stehlin & Associés law firm, assisted by Sabrina Belkacemi, senior associate, advised Protectim in respect to the social VDD.