Baker McKenzie advises Identec on sale of SmartLiberty to NEXUS
Baker McKenzie advised Identec Group Corporation and further shareholders of SmartLiberty on selling 90% of the company’s shares to publicly listed German Nexus Group.
Swiss-based SmartLiberty is a leading provider of digital alerting and communication solutions in long-term care. Nexus provides a complete range of software solutions for hospitals, rehabilitation and long-term care facilities and is the market leader in the Swiss nursing home market, supporting more than 600 customers in inpatient and outpatient long-term care.
The collaboration aims to accelerate the digitalization of care homes in Europe through innovative total solutions, because as part of Nexus, SmartLiberty can use Nexus’ international network in the healthcare sector and market its products throughout Europe.
Baker McKenzie Switzerland advised the sellers on all legal aspects of the deal. Led by Martin Furrer (partner, m&a, pictured left) and Matthias Trautmann (counsel, m&a, pictured right), the team included associates Hesam Mirzai and Beau Visser (both m&a).