DBAG Fund VIII acquires Hipp: the legal advisors

DBAG Fund VIII, a fund managed by Deutsche Beteiligungs (DBAG), acquired the Hipp Technology Group, a development partner and medical technology contract manufacturer, from an investor group represented by Endura.

In connection with the deal, Baker McKenzie advised DBAG Fund VIII, while Kellerhals Carrard represented the shareholders of Hipp Technology Group and Endura.

The share purchase agreement (SPA) and the shareholders’ agreement, relating to the reinvestment by two sellers, were signed last week in Zurich. The transaction is expected to close within the next two months.

The Baker McKenzie team

Teams from Baker McKenzie Switzerland and Baker McKenzie Deutschland collaborated on the transaction. The Swiss team – with Alexander Blaeser (pictured left) and Alexander Fischer (pictured right) in the lead – advised on the SPA under Swiss law, and the German team was responsible for the shareholders’ agreement. Moreover, the legal due diligence was coordinated from Germany and carried out jointly by the German and Swiss teams.

The Kellerhals Carrard team

Nicolas Mosimann (pictured) led the Kellerhals Carrard M&A team on the matter, working alongside Kevin MacCabe, Danijel Gajic and Kim Lindner.