Bär & Karrer Advises the Shareholders on the Sale of Swissbit Group to Ardian.
The shareholders of Swissbit entered into a share purchase agreement with Ardian regarding the sale of the Swissbit group. Swissbit is a global leader and the only independent European provider of NAND-flash based storage and embedded Internet of Things (IoT) solutions. The transaction is subject to approval by antitrust authorities.
Bär & Karrer Advised Open Systems on the Purchase of BITC
EQT portfolio company Open Systems AG, a secure access service edge (SASE) pioneer, has acquired Born In The Cloud Inc. from its founders. BITC is an US-based leading Microsoft Azure Sentinel cyber security expert complementing Open Systems’ Managed Detection & Response (MDR) offering.
Bär & Karrer Advises Saint-Gobain on the Sale of Sika Shares for CHF 2.56 Billion
Saint-Gobain’s subsidiary Schenker-Winkler Holding AG (“SWH”) successfully sold its 10.75% stake in Sika for CHF 2.56 billion. The shares were placed via a private placement to qualified institutional investors by way of an accelerated book-building process (“ABB”).
Bär & Karrer Advises Appway and its Shareholders in Connection with a USD 37 Million Investment
Appway AG, its shareholders and Summit Partners, a global alternative investment firm, entered into an investment and share purchase agreement regarding a USD 37 million minority investment in Appway by Summit. Appway is a Swiss-based leading global provider of business process automation software focused on customer onboarding and customer lifecycle management for financial institutions.
Bär & Karrer Advised Merrill Lynch International and UBS on the Placement of CHF 175 Million 0.275%
Zur Rose Group is the largest e-commerce pharmacy in Europe. On 31 March 2020, Zur Rose Finance B.V. successfully placed CHF 175 million 0.275% bonds due 2025 guaranteed by and convertible into shares of Zur Rose Group AG. The bonds were issued at 100% of their principal amount and will mature on 31 March 2025. …
Bär & Karrer Advised Screening Eagle Technologies and its Majority Shareholder on the CHF 55 Million
Screening Eagle Technologies, a cloud-based technology platform connecting sensors, software, and data for intelligent inspection of assets and infrastructure, has raised CHF 55 million in its first institutional round of equity funding.
Bär & Karrer Advised the Banking Syndicate on the Acquisition Financing of ams for Osram
On 3 April 2020, ams AG completed a capital increase by way of a rights offering raising gross proceeds of approximately CHF 1.75 billion. The proceeds will be used to partially finance the acquisition of OSRAM Licht AG. The banking syndicate was led by HSBC and UBS acting as joint global coordinators.
Bär & Karrer Advised on Santhera’s up to CHF 24 Million Equity-Linked Financing
Santhera Pharmaceuticals Holding AG announced that it has entered into an equity-linked financing arrangement with IRIS (France) in the initial gross amount of up to CHF 12 million over 12 months, with the option to extend by another CHF 12 million over another 12 months. This innovative financing instruments provides Santhera with a liquidity line …
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Bär & Karrer Advises Nouryon on the Divestment of its Redispersible Polymer Powders Business
Nouryon, a global chemical company, divested its redispersible polymer powders (RPP) business, offered under the Elotex brand, to Celanese Corporation.
Bär & Karrer Advised Maxburg Beteiligungen III GmbH & Co. KG on the Acquisition of saracus consult
Maxburg Beteiligungen III GmbH & Co. KG (“Maxburg”), advised by Maxburg Capital Partners has purchased saracus group, an IT consultancy firm based in Germany and Switzerland.