1 September 2015 – Three members of the management of Swisscanto Vorsorge AG have aquired its advisory service business relating to occupational pensions as part of a management buy-out transaction (MBO).

Swisscanto Vorsorge AG is a subsidiary of the Zurich Cantonal Bank. The managers have set up a new company named Prevanto AG which will offering these services in Zurich (main office), Basel and Lausanne with 30 employees. Prevanto AG will be a leading provider of advisory services relating to occupasional pensions. The consummation of the transaction is planned for Fall 2015.

Walder Wyss advises the managers in connection with this transaction. The team is being led by Alexander Nikitine (M&A, Capital Markets, Partner) and further includes Sarah Schulthess (M&A, Capital Markets, Associate), David Hill (Employment, Associate), Janine Corti (Tax, Associate) and Cornelia Müller (Banking & Finance, Trainnee).