The deal.
Quorum advised Standard Investment on the acquisition of Optique Lefevre SA, a new portfolio company in the Oculus network and a further milestone in the group’s expansion throughout Wallonia. The transaction is part of Standard Investment’s buy-and-build strategy in Belgium: the acquisition and consolidation of independently owned local optician businesses in Flanders and Wallonia through the Oculus platform. Each acquisition is structured through a dedicated special purpose vehicle incorporated by Standard Opticians. Notably, the sellers chose to reinvest in the Oculus platform, aligning their interests with the group’s future growth.
The client.
Standard Investment is a private equity fund of Dutch origin and a hands-on investment firm focused on medium-sized companies in the Benelux.
Our added value.
For each Oculus acquisition, Quorum provides full transactional support: legal due diligence, red flag due diligence reports and the drafting and negotiation of the complete transaction documentation. For Optique Lefevre, the data room review covered corporate, contracts, real estate, insurance, commercial, business operations, employment and litigation. The risks were translated into warranties, specific indemnities and clauses in the share purchase agreement, followed by guidance through signing, post-closing arrangements and registry amendments, with a lead time of 20 weeks from due diligence to closing. The transaction strengthens Oculus’ presence in French-speaking Belgium.
Quorum team Davy Gorselé (Managing Partner), Cédric Vaes (Senior Associate), Luna Zehner (Associate)
