EQT sells Open Systems to Swiss Post: the advisors

EQT, advised by Bär & Karrer, together with its co-shareholders, has agreed to sell Open Systems to Swiss Post, advised by Walder Wyss. The transaction is subject to customary regulatory approval.

Bär & Karrer team

The Bär & Karrer team is co-led by Christoph Neeracher (pictured left) Luca Jagmetti (pictured right) and further includes Philippe Seiler, Romina Lauper, Lazar Lepir, Sacha Kanoff, and Floris Zuur (all corporate/M&A), Susanne Schreiber, Fabian Capt, Alessia Suter, Anke Stumm, and Ariane Menzer (all tax), Mani Reinert and Tim Meyer (both antitrust), Markus Schott (regulatory), Ralph Malacrida (financing), Jonas Bornhauser (IP/IT), Manuel Schmid (employment), Ruth Bloch-Riemer (pension), Rocco Rigozzi (real estate), as well as Rehana Harasgama (data protection).

Walder Wyss’ team

The Walder Wyss team is led by corporate/M&A counsel Urs Schenker (pictured below) and Fabienne Anner (counsel, corporate/M&A) and further includes Samuel Lieberherr (counsel, corporate/M&A), Dominik Aerni (counsel, corporate/M&A), Nico Bernhard (managing associate, corporate/M&A), Amina Chammah (associate, regulatory/IP/IT), Hannes Meyle (senior associate, data protection), Andreas Hösli (senior associate, ESG) and Michelle Sollberger (associate, employment).

EQT advisors

Bär & Karrer acts as lead counsel alongside Loyens & Loeff (Netherlands), Willkie Farr & Gallagher (Germany), Wuersch & Gering (USA), and Cyril Amarchand Mangaldas (India).

Swiss Post advisors

Walder Wyss is advising Swiss Post as lead counsel on all legal aspects of the transaction together with Van Doorne (the Netherlands), Gleiss Lutz (Germany), Honigman (USA) and Khaitan & Co (India).

About the acquisition

Open Systems’ digital network and security solutions will enable Swiss Post to strengthen its role as a relevant provider of digital communication solutions. It will also safeguard the handling of data for private companies and public authorities, enhancing its competencies and expertise to help boost Switzerland as a digitally networked country. The takeover still has to be approved by the relevant competition authority.

Open Systems

Founded in 1990, Open Systems is a provider of network and cyber security capabilities in a single cloud-based platform known as Secure Access Service Edge (SASE).