Luxempart to replace CAPZA as a minority shareholder in Coutot-Roehrig and to deploy ca. EUR 57m

Luxempart is pleased to announce that it has entered into an investment agreement to take up to ca. 43% in Coutot-Roehrig, a family-owned company founded nearly 130 years ago and having become the European leader in Estate Genealogy services with a direct presence in France, Italy, Spain, Belgium, Luxembourg, Switzerland, Monaco and the USA.

Coutot-Roehrig, majority-owned and led by Mr. Guillaume Roehrig, helps legal officers (mainly notaries) in identifying and locating heirs in case of inheritances without heirs. In addition to its network of subsidiaries, it has world-wide capabilities thanks to its wide network of correspondents and its state-of-the-art and proprietary databases. Coutot-Roehrig has experienced strong growth in the last decade and realized revenues in excess of EUR 70m in 2022.

Luxempart is going to partner up with Mr. Guillaume Roehrig, who remains the majority shareholder of the Group, and his management team. CAPZA is to sell its entire stake in the Group.

The transaction’s completion, which remains subject to customary regulatory approvals, is expected for late June 2023.

Guillaume Roehrig, majority shareholder of the Group, comments: “The partnership with CAPZA has worked perfectly well: their team was able to understand and listen and has supported us constantly over the last four years. They were always available when we needed them and rapidly took their rightful place. The arrival of Luxempart is a testimony to our target to accelerate our international development. We are impatient to benefit from their precious expertise.”

Benoît Choppin, Managing Partner at CAPZA, adds: “Guillaume Roehrig placed his trust in us when he first opened Coutot-Roehrig’s capital to a Fund. We are glad to have supported the Group’s organic and external growth over the last four years.”

Olaf Kordes, Managing Director of Luxempart, says: “Since the beginning of our relationship, we were fascinated by the Group’s business, its proprietary know-how and flawless execution, allowing it to claim market leadership in Europe and to show continuous growth. Luxempart will support the Group in its strategy to grow both thanks to organic development in its existing markets, but also to develop through external growth in European markets not yet covered.”