LONDON, January 19, 2026 –Proskauer advised the financing sources in connection with the agreement by Apollo-managed funds to acquire a majority stake in Prosol Group ("Prosol"), a leading French fresh food retailer, from Ardian.
Apollo has agreed to acquire a majority stake in Prosol, with existing shareholders and the management team also agreeing to reinvest. Prosol is a vertically integrated specialist in the fresh food and food retail businesses, operating nearly 450 stores across France under the Grand Frais and Fresh brands.
The cross-border Proskauer team was led from London by partnersPhilip BowdenandWarren Newton(Global Finance) andJake KeavenyandCourtland (Court) Tisdale(Capital Markets). The team also included Paris-based partnerMaud Manon(Global Finance) andGwenaël Kropfinger(Tax), counselPierre Tardivo(Global Finance), as well as associatesSonali Kapoor,Suktika BanerjeeandRebecca Xiao(Global Finance) and special counselMorgan Hill(Capital Markets).