French buyout firm poaches Vinci Concessions chief

Louis Roch-Burgard joins LBO France after 13 years at the developer.

Paris-based LBO France has hired Louis Roch-Burgard, a top executive at French-based Vinci Group (Vinci), as a partner and member of the executive board.

Roch-Burgard was most recently a member of Vinci’s executive committee and chief executive of Vinci Concessions. In his role at the concessions arm of the Paris-listed company, he oversaw a number of large-scale acquisitions and sales – such as Vinci’s €3 billion purchase of Aeroportos de Portugal in 2013 and its €2 billion disposal of Vinci Park the following year – as well as more than €1 billion in greenfield investments.

Prior to his 13 years at Vinci, he was a senior civil servant within France’s economy ministry, where he conducted various audit and valuations assignments.

Roch-Burgard joins LBO France as part of the firm’s White Knight team, which is focused on mid-cap private equity deals. LBO France said in a statement that Roch-Burgard will bring “his strategic vision as an industrial investor and his 15 years of operational experience from his time at Vinci”.

The business he just left had a busy 2015. In November, Vinci Concessions acquired six of the nine airports in the Dominican Republic from US firm Advent International. That came after the company paid a joint JPY2.2 trillion (€17.2 billion; $18.7 billion) alongside Japan’s Orix Corporation to buy the 44-year concessions for the Kansai and Osaka international airports.

The year also saw the group named preferred bidder for the Regina Bypass Project in the Canadian province of Saskatchewan and become concessionaire for France’s Toulon Hyères Airport.

Roch-Burgard’s arrival at LBO France coincides with the hire of Sophie Chateau, who also joins as partner and will be in charge of investor relations. She was previously an associate director at French buyout and real estate firm Weinberg Capital Partners.