IFLR1000

Warburg Pincus acquisition of 35% stake in Avaloq Group

22/3/2017
Private acquisition
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SFr 350 million

$ 351.124 million

Completed

22/3/2017

Overview:

  • Private equity house Warburg Pincus has acquired an approximately 35% stake in banking software developer Avaloq.
  • Financial details of the deal have not been disclosed, but it has been reported the transaction values Avaloq at more than SFr1 billion.
  • The deal is described as the first step towards a potential public listing of Avaloq.

Jon Moore - Journalist

Jurisdiction:

Switzerland

Deal type:

Private acquisition

Practice areas:

Private equity
M&A

Governing law:

Switzerland

Industry sector:

Technology and telecommunications

Firms:
Bär & Karrer

Party: Warburg Pincus (Acquirer)

Lawyer: Michael Trippel

Freshfields Bruckhaus Deringer

Party: Warburg Pincus (Acquirer)

Homburger

Party: Avaloq (Seller)

Lawyers: Heinz Schärer, Jürg Frick

Walder Wyss

Party: Avaloq (Seller)

Lawyers: Dominik Hohler, Markus Vischer, Thiemo Sturny

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