Acquisition of Swissbit by Ardian: the advisors

The shareholders of Swissbit entered into a share purchase agreement with Ardian regarding the sale of the Swissbit group, an European provider of NAND-flash based storage and embedded Internet of Things (IoT) solutions. The transaction is subject to approval by antitrust authorities.

The teams

NKF acted as Swiss counsel to the private equity investor Ardian. The team was co-led by m&a partners Patrik Peyer (pictured), Till Spillmann and Moritz Maurer and supported by senior associates Andrea Giger, Adrian Koller, associates Katalin Siklosi, Aurèle Bertrand, Anne Huber, Olivia Biehal and junior associate Stephanie Huchler (all m&a), working with partner Clara-Ann Gordon and junior associate Tanja Lutz (both technology/data privacy) and partner Thomas Graf (tax).

Latham & Watkins acted as lead counsel for Ardian. The team was led by Munich private equity partner Burc Hesse and Sebastian Pauls.

Bär & Karrer acted as legal advisor to the selling shareholders in this transaction. The team includes partners Christoph Neeracher, Philippe Seiler, Raphael Annasohn, associates Raphael Egger, Yves Suter, Lukas Bründler and junior associate Li Wei Dutler (all m&a), associate Fanny Sutter (employment), partner Markus Wang (ip/it), partner Susanne Schreiber and associate Elena Kumashova (both tax), associate Micha Schilling (finance) as well as partner Mani Reinert (competition).