Benevity expands global presence with the acquisition of Alaya
Benevity, global specialists in ESG technology, acquired Alaya, a purpose-driven employee engagement SaaS platform based in Switzerland.
The addition of Alaya will allow Benevity to expand its international presence and enable more companies to access its growing suite of corporate purpose solutions. This acquisition builds on Benevity’s rapid growth in the past year, including investments by software investor Hg, TPG’s The Rise Fund, and Generation Investment Management.
The advisors
Bär & Karrer acted as Swiss legal advisor to Benevity in this transaction. The team was led by Michael Trippel (pictured) and included Caroline Sauthier and Fabian Turtschi (all m&a), Laura Widmer and Laura Rubeli (both employment), Raoul Stocker and Patrick Schmid (both tax), Ruth Bloch–Riemer (pension & social security), Jonas Bornhauser (IP/IT), Rehana Harasgama (data protection), Daniel Flühmann (banking/regulatory), Micha Schilling (financing), Mani Reinert (competition law) as well as Thomas Stoltz and Ignaz Müller (both notarial services).
Norton Rose Fulbright acted as international lead counsel to Benevity in this transaction.
Kellerhals Carrard advised the Sellers with partner Frédéric Rochat (pictured left), partner Alexandre Gachet and attorney Max-André Haas (corporate m&a) as well as partner Serge Migy and advisor Brian Jurt (tax).
