Bär & Karrer Ltd.

Bär & Karrer Ltd.

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Bär & Karrer Advises Hellman & Friedman and GIC on the Acquisition of Allfunds

On 7 March 2017 Hellman & Friedman and

GIC acquired Allfunds Bank, S.A. from Intesa Sanpaolo Group, Santander Group,

General Atlantic and Warburg Pincus. Allfunds Bank is a leading financial

technology business. The transaction is valued at EUR 1.8 billion and is

subject to customary closing conditions.

Bär & Karrer acted as Swiss legal advisor

to Hellman & Friedman and GIC. The team included Eric Stupp and Stephanie

Walter (all Banking & Insurance). Freshfields acted as lead counsel to

Hellman & Friedman and GIC.

On 7 March 2017 Hellman & Friedman and

GIC acquired Allfunds Bank, S.A. from Intesa Sanpaolo Group, Santander Group,

General Atlantic and Warburg Pincus. Allfunds Bank is a leading financial

technology business. The transaction is valued at EUR 1.8 billion and is

subject to customary closing conditions.

Bär & Karrer acted as Swiss legal advisor

to Hellman & Friedman and GIC. The team included Eric Stupp and Stephanie

Walter (all Banking & Insurance). Freshfields acted as lead counsel to

Hellman & Friedman and GIC.