Bär & Karrer Ltd. | View firm profile
Warburg Pincus, a leading global private equity firm,
has entered into an agreement to acquire approximately 35% shareholding in the Avaloq Group AG. Avaloq is an internationally
leading FinTech company based in Switzerland. With its integrated business
process outsourcing services, Avaloq is the only independent provider for the
financial industry that does both, developing and operating its own software.
Closing of the transaction is expected in the second quarter of 2017.
Warburg Pincus, a leading global private equity firm,
has entered into an agreement to acquire approximately 35% shareholding in the Avaloq Group AG. Avaloq is an internationally
leading FinTech company based in Switzerland. With its integrated business
process outsourcing services, Avaloq is the only independent provider for the
financial industry that does both, developing and operating its own software.
Closing of the transaction is expected in the second quarter of 2017.
Bär & Karrer acts as the Swiss legal advisor (Lead
Counsel) to an affiliate of Warburg Pincus in this transaction. The team
includes Michael Trippel, Rolf Watter, Daniel Heiniger, Silvio Grunder, Marina
Lerch, Gabriel Kasper, Tiffany Ender (all M&A), Vera Naegeli (M&A and
Competition), Mani Reinert (Competition), Jonas Bornhauser (IP) as well as
Daniel Lehmann and Michael Abegg (both Tax).
Willkie Farr & Gallagher acts as UK and US legal
advisor, Hengeler Mueller as German legal advisor and Allen & Gledhill as
Singapore legal advisor to the affiliate of Warburg Pincus.