UGGC & Associés counsel to MakingProd for its fund raising

MakingProd, an audiovisual production company specializing in television drama production, raised a total of EUR 500,000 from Alliance Entreprendre, a risk-capital company, and a private investor. Alliance Entreprendre, the risk-capital subsidiary of Groupe Caisse d’Épargne, manages over EUR 240 million in LBOs and development capital, through FCPRs* , and assists company managers, who can rely on the strength of a stable financial establishment, while preserving their independence and autonomy. With this funding, MakingProd becomes one of the first French audiovisual drama production companies enjoying the support of an institutional investor in its capital.. With this first financial package, MakingProd will be able to increase the number of TV series it develops and set up a training program for script writers in order to improve their writing skills, for international formats in particular. MakingProd is also about to start developing innovative management software to improve its series production efficiency. MakingProd already has several tools that enable it to be remain current on innovative creations worldwide, for such tasks aslooking for new talents and taking into account new broadcasting methods, both of which are at the core of the company’s success. All legal aspects of this transaction and negotiations in connection with the investment agreement in particular, were handled by Charles-Emmanuel Prieur and Anne Lafont of UGGC & ASSOCIÉS and by Pascale Estiveaux (financial aspects) of MBV & Associés for MakingProd. Corinne Khayat and Matthieu Guillot (competition law) and Sophie Uettwiller and Cyrille de Vaucelles (employment law) of UGGC & ASSOCIÉS handled audit operations. This funding was handled by Antoine Bodet, Alex Marvaldi and Jenry Penroux at Alliance Entreprendre and by Frédéric Zeitoun and Rénald Dupuis of Grant Thornton for the due diligence.