Bär & Karrer advises Allgeier on the acquisition of MySign shares

Allgeier, a technology company for digital transformation, agreed to purchase an 80% stake in MySign. The core business of Swiss-based MySign, a digitalization of business models with a focus on eCommerce. The investment will be made by Allgeier IT Solutions, Bremen.

Bär & Karrer acted as legal counsel to Allgeier in this transaction. The team included Christoph Neeracher (pictured), Philippe Seiler, Isabelle Stalder and Patrick Zumsteg (all m&a), Raoul Stocker and Julian Hodel (both tax), Markus Wang and Tobias Rebmann (both IP), Rehana Harasgama (data protection), Janine Wüst (finance) as well as Laura Widmer and Laura Rubeli (both employment).

The purchase price amounts to a single-digit million amount due at closing as well as a performance-based earn-out. The closing of the transaction is expected in the next three to four weeks.