09 novembre 2021 I Deals et affaires

Bär & Karrer Advises the Insurtech Company CLARK on the Integration of the finanzen Group

Bär & Karrer advised the German Insurtech company CLARK on the integration of the finanzen Group. This makes CLARK one of the world's largest Insurtech companies – and a so-called "unicorn". The transaction will take place through an exchange of shares, in the course of which Allianz X will become CLARK's largest minority shareholder. Existing and new investors provided, as part of a parallel financing round, the financial resources for the payment paid in addition to the exchange of shares.

Bär & Karrer acted as Swiss legal counsel for CLARK in this transaction. The team consisted of Peter Hsu, Sarah Vettiger, Tiffany Ender, Matej Teslar, Marwan Ezzat (Banking & Insurance/M&A), Rehana Harasgama (Data Protection), Ruth Bloch-Riemer, David Weimann (Pension and Social Security), Frédéric Mancosu, Michael Rohrer (Notarial Services) and Tobias Rebmann (IP/IT). Linklaters acted as lead counsel of CLARK in this transaction.