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.