Arcapita in its Acquisition of CEPL

Cleary Gottlieb represented Arcapita in its acquisition of CEPL. The deal is CEPL’s secondary LBO. It closed on September 16.

Arcapita is a Bahrain-based bank and investment fund. It has made over $26 billion in corporate, real estate, asset-based and venture capital investments. Arcapita acts as a principal, utilizing its own funds to complete deals, but its ultimate objective is to place a majority of the acquired equity with its investor base.

CEPL is France’s leading provider of outsourced, automated, multi-product order preparation services. CEPL enters into long-term agreements with clients to take over and manage existing warehouses and personnel. It receives and stores clients’ goods and prepares multi-product orders for delivery by third party transporters.