Duck Creek Technologies (Boston, USA) has entered into a share purchase agreement regarding the acquisition of the shares of Imburse AG from its founders and investors. Imburse is a Swiss based developer and provider of a modern payments platform for the insurance industry.

Bär & Karrer acts as Swiss legal advisor to Duck Creek Technologies in this transaction. The team of Bär & Karrer is being co-led by Christoph Neeracher and Elisabeth Rinderknecht and includes Yascha Fengler, Djawad Kleist and Leander Knapp (all M&A), Markus Wang and Jonas Bornhauser (both IP/IT), Luca Jagmetti, Laura Widmer and Luljeta Morina (all Employment), Rehana Harasgama (Data Protection), Daniel Flühmann (Banking / Regulatory), Susanne Schreiber and Martin Leu (both Tax) as well as Ruth Bloch-Riemer and David Weimann (both Social Security / Pensions).

Skadden, Arps, Slate, Meagher & Flom LLP acts as lead advisor to Duck Creek Technologies in this transaction.

For further information please contact:

Media Relations, Eric Stupp

Tel: +41 58 261 50 00

Email: [email protected]

Bär & Karrer is a leading Swiss law firm with more than 200 lawyers, providing customized legal advice in complex transactions and litigation. Clients range from multinational corporations to private individuals in Switzerland and abroad. Bär & Karrer is present with offices in all main language regions in Switzerland and operates globally via an international network of leading law firms. For further information please visit baerkarrer.ch.

Zurich, 9 January 2023