Paris, 22 July 2025 – The Racine law firm advised LBO France and Bexley on a dividend recapitalisation transaction involving the latter, a French brand specialising in men’s clothing.

Founded in Lyon in 1985, Bexley is a historic French company that specialises in men’s clothing. Initially renowned for its shoes, the company then expanded into ready-to-wear collections. Rooted in an aesthetic inspired by British chic, the brand focuses on timeless, durable designs at affordable prices. Owned by LBO France since 2017, the brand has around 40 stores in France and abroad, including locations in Belgium, Luxembourg and Spain, with plans to expand into the United Kingdom.

Less than two years after refinancing its mezzanine debt, Bexley has taken another major step forward by refinancing in the form of senior debt, provided by its long-standing pool and accompanied by a distribution to investors. This strategic transaction will support Bexley’s continued growth in France and abroad.

Racine advised LBO France and Bexleyon the legal aspects of this transaction, with the following team members involved:

• Emily Pennec (Partner), Margaux de Lembeye and Emilie Cohen (Associates) for corporate matters.