- RSM’s Corporate Finance division, the 6th largest global network in audit and consulting, conducted buy-side due diligence in connection with the merger between SparingVision and GAMUT Therapeutics.
- Led by Eric Fougedoire, Corporate Finance partner, the team further strengthens its positioning as an international player dedicated to mid-cap transactions.
SparingVision: Acquisition of GAMUT Therapeutics
SparingVision, a genomic medicine company developing treatments for eye diseases, announced on Tuesday, April 20, 2021, that it had reached a definitive agreement to acquire GAMUT Therapeutics, a pioneering biotechnology company with a unique and independent gene-based approach to treating advanced stages of “rod-cone” dystrophies such as retinitis pigmentosa. The acquisition, subject to legal formalities and approval by the shareholders of both companies, will be primarily paid in new SparingVision shares and is expected to close in the second quarter of 2021.
The RSM team involved in this transaction consisted of: Eric Fougedoire, Philippe Jannin, Pierre-Louis Moyen.
About RSM
RSM is the 6th largest global network in audit, consulting, and accounting, present in over 120 countries. It currently employs more than 48,000 professionals and partners.
In France, RSM, a significant player in audit, expertise, and consulting, is present in major regional economic hubs, with offices in Paris, Lyon-Chambéry-Grenoble, Montpellier-Nîmes, Nantes-Laval, Strasbourg-Colmar, La Réunion, and Mayotte. RSM employs more than 1,200 professionals across the country and aims to continue expanding regionally. The group has structured its multidisciplinary offering around five core areas: Audit, Expertise, Consulting, HR-Social/Payroll, Legal & Tax.
RSM – Corporate Finance
RSM’s Corporate Finance division supports companies and their executives, investment funds, as well as investors and shareholders, both in France and internationally, to secure and optimize their financial decisions. The division includes 20 professionals in Paris and the regions, including 3 partners. RSM Corporate Finance specializes in Transaction Services, Complex Financial Evaluation & Modeling, Capital Operations, and Restructuring.