Compagnie des Alpes SA (ENXTPA:CDA) acquired 73% stake in Travelfactory SAS from Keensight Capital and others on January 9, 2018. According to the terms of the transaction, Compagnie des Alpes is acquiring 73% of Travelfactory share capital, with the possibility of gradually acquiring the remaining 27% from Yariv Abehsera, Founder and Chairman of Travelfactory, over the next 4 years via a put/call option mechanism. For year 2017, Travelfactory reported the sales of around €35 million. Travelfactory's contribution to consolidated EBITDA for Compagnie des Alpes is expected to be marginal on a full-year basis. Nicolas Partouche, Guillaume Fornier and Solène Thomas of Jeantet & Associés acted as the legal advisors for Compagnie des Alpes SA, Raphaël Piotraut, Suzanne de Carvalho, and Alison Godin of Piotraut-Giné Avocats acted as the legal advisors for the selling shareholders and Pierre Karpik and Antoine de la Gatinais of Gide acted as the legal advisors for the sellers. Cambon Partners acted as the financial advisor for Travelfactory and Gide acted as legal advisor for Travelfactory. Morgann Lesné and Michaël Azencot of Cambon Partners acted as financial advisors to the sellers. Compagnie des Alpes SA (ENXTPA:CDA) completed the acquisition of 73% stake in Travelfactory SAS from Keensight Capital and others on January 9, 2018.