Bär & Karrer Advised Infront on the Acquisition of Assetmax
Infront has signed an agreement for the acquisition of Assetmax. The Swiss company is a service provider for independent asset managers, family offices and banks developing software for integrated multi-custody portfolio management, client relationship management, invoicing and reporting. The acquisition represents an important milestone for Infront as the company further strengthens its product offering for wealth management customers across Europe.
The acquisition of the Swiss start-up founded in 2013 is expected to be completed by the end of September at the latest, subject to customary conditions. Assetmax investors include Credit Suisse Entrepreneurial Capital, Innovationsstiftung der Schwyzer Kantonalbank and Avaloq Ventures.
Bär & Karrer has acted as legal advisor to Infront in this transaction. The team included partner Peter Hsu (pictured), Matthias Tanner, Tiffany Ender, Fabian Turtschi, Bryan Bruschi and Mario Bünter (all m&a/corporate), Jonas Bornhauser (IP/IT), Rehana Harasgama (Data Protection), Laura Widmer, Sandra Schaffner and Manuel Schmid (all employment), Ruth Bloch-Riemer and Marco Weiss (both pensions & social security), Sandro Gaggini (real estate), Tim Meyer and Martin Werner (both competition), Jannick Koller (regulatory) as well as Christoph Suter (tax).