Walder Wyss advises Avaloq Group on the acquisition of a 35% stake in Avaloq by Warburg Pincus
Avaloq, an international fintech company and a leader in integrated and comprehensive banking solutions, announced on 22 March 2017 the entry into an agreement with Warburg Pincus, a global private equity firm focused on growth investing, pursuant to which Warburg Pincus acquires a shareholding of approximately 35% in Avaloq from existing shareholders. The transaction values Avaloq in excess of CHF 1 billion. Closing is expected in the second quarter of 2017.
A joint team of Walder Wyss and Homburger advised Avaloq and its shareholders in this transaction. The Walder Wyss team was led by Markus Vischer (Partner, Corporate/M&A) and included Martin Busenhart (Partner, Tax), Janine Corti (Counsel, Tax), Dominik Hohler (Counsel, Corporate/M&A), Thiemo Sturny (Counsel, Banking & Finance), Fabienne Limacher (Associate, Tax) and Jenny Süess (Associate, Corporate/M&A).