Vivien & Associés advises the shareholders of LCS on its sale to PLAYipp

Vivien & Associés advised the Bonnargent and Roch families, founders of LCS, together with financial investor Turenne Capital and the company’s management, on the sale of LCS to PLAYipp, a Nordic SaaS player.

LCS is the French parent company of NDS (Net Display Systems), a Dutch software developer that publishes and operates PADS4. The digital signage platform is used by businesses and organizations to remotely manage professional display content across retail points of sale, meeting rooms, public spaces and transport networks.

The Vivien & Associés Corporate-M&A team was led by partner Jean-Paul Coudray, with associates Lucie Beaucamp, Guillaume Lucas and Justine Li.

Other advisors on the transaction included Archiipel (Clément Michel, Tuce Evin, Carl Hoga Nordberg, Thomas Guerzeder) as M&A advisor to the sellers; Mermoz Avocats (Tristan Segonds, Céline Chang, Anne-Sophie Rama) as counsel to the acquirer; and BDO (Pascal Ripaux, Antoine Epaud) for financial and tax due diligence.

About Vivien & Associés AARPI
Vivien & Associés is an independent French law firm dedicated to complex M&A and corporate transactions, with a strong international focus. Founded in 1999 by partners trained at leading international firms, Vivien & Associés has advised international and French clients from its inception. We are recognized for our pragmatic, hands-on approach, combining technical excellence with commercial insight. Our teams work closely with clients to deliver clear, efficient legal advice aligned with business objectives, particularly in cross-border and multi-jurisdictional contexts.

Media contact
Karine Aublin
karine.aublin@va-fr.com

+33 1 45 02 39 50



Vivien & Associés AARPI © Copyright 2025. All Rights Reserved.
linkedin facebook pinterest youtube rss twitter instagram facebook-blank rss-blank linkedin-blank pinterest youtube twitter instagram