Deals & Cases

Acquisition and Refinancing of Boost Holding Ltd.

5 August 2015 – On 31 July 2015, Cleanwood First Ltd. acquired from the Swiss private equity company Invision its participation in Boost Holding Ltd. Cleanwood First Ltd. is an investment vehicle of the entrepreneur Michael Reinwald. The Boost Group is a leading provider of point-of-sale marketing services and loyalty programs with 260 employees, activities in sixteen countries and yearly revenues of more than EUR 100 m.


Walder Wyss acted as legal advisor to Cleanwood First Ltd. on the M&A transaction and to Boost Holding AG on its refinancing. The team was led by Reto Vonzun (M&A, Partner) and Luc Defferrard (Banking Finance, Partner) and further included Robert von Rosen (M&A, Managing Associate), Martina Nüesch (Banking Finance, Associate), Dan Schmelzer (Banking Finance, Associate) and Manuel Mohler (Notarial Services, Associate). In the course of this transaction, Reto Vonzun was also elected to the Board of Directors of Cleanwood First Ltd. and of Boost Holding Ltd.