Bär & Karrer Advises an Affiliate of Warburg Pincus on the Acquisition of a Further 10% Stake in Avaloq
On 16 November 2017, Warburg Pincus, a leading global private equity firm, has acquired a further 10% shareholding in Avaloq Group AG, an internationally leading FinTech company based in Switzerland. Taking into account the acquisition in the second quarter of 2017, Warburg Pincus now holds 45% of the shares in Avaloq.
Bär & Karrer acted as Swiss legal counsel to an affiliate of Warburg Pincus. The team included Michael Trippel, Silvio Grunder and Annina Hammer (all M&A). Freshfields Bruckhaus Deringer acted as Dutch legal counsel.