Bär & Karrer advises CLARK Group, a leading European Insurtech on the acquisition of the Swiss financial service provider and broker UB Partner, a family business that has nearly 100 employees in several locations. With this acquisition, CLARK Group is expanding its brokerage business in Switzerland. It enables the Unicorn, headquartered in Frankfurt am Main, to grow further and strengthen its presence within Europe and in Switzerland.
The acquisition of UB Partner adds a leading brokerage firm in the Swiss market to the portfolio of CLARK Group. Until now, CLARK Group has been represented in the Swiss market by 2media, which focuses on performance marketing and lead generation.
Bär & Karrer acted as Swiss legal counsel to CLARK Group in this transaction. The team consisted of partner Peter Hsu (pictured), associate Tiffany Ender, associate Matej Teslar and junior associate Reto Kuoni (all banking & insurance / m&a), Christoph Suter (partner, tax), associate Rehana Harasgama (data protection), partner Ruth Bloch-Riemer and associate Marco Weiss (both pension and social security), partner Laura Widmer and associate Luljeta Morina (both employment), counsel Jonas Bornhauser (IP/IT), partner Urs Kägi, associates Zhang Shu and Fabian Turtschi (all corporate law) and partner Mani Reinert (antitrust). Linklaters acted as German counsel to CLARK Group in this transaction.