UGGC & Associés counsel of CM-CIC Capital Privé and CapDécisif Management for the first round of INL

INL is a company doing business in the computer security sector, specializing in authentication fire-wall issues. The company’s business model is mixed, both open-source and proprietary: its income is mostly based on charging for licences. Its difference with its competitors lies in its specialization and the very high technicality of its authentication solution. Although it is quite a young company, INL’s turnover reaches some EUR 1m and it can boast of some nice clients, in both the private and public sector: Education Nationale, JC Decaux, etc. CM-CIC Asset Management is the third-party asset management service provider of France's second-largest retail bank, the Crédit Mutuel-CIC group. It was created by the merger of Crédit Mutuel Finance and CIC Asset Management, respectively the asset management companies of Crédit Mutuel and CIC. CM -CIC Capital Privé teams are skilled in all management styles: Active management and index funds, Quantitative management, Absolute return, Guaranteed or protected funds, Ethical or socially responsible investment, Multi-management. CapDécisif Management is a seed/early stage capital fund of 17M€ for high potential, innovative and high tech companies, focused in the Paris Region area and active in specialised sectors: state-regulated research sector, IT, health-biotechnologies, microelectronics and nanotechs. The purpose of this pool is to boost INL’s commercial and marketing teams in order to speed up the growth of its sales for the existing solution, but also to be able to put an innovative multisite solution on the market this year. Pascal Squercioni, partner, accompanied by Samuel Schmidt, counseled CM-CIC and CapDécisif Management on coporate law issues for this operation.