Lenz & Staehelin and Bär & Karrer in the sale of BlueBotics to Zapi group
Forestay Capital, managed by Forestay Capital Management Limited, the closed-end tech fund launched in 2018 by B-FLEXION (previously Waypoint) and the management have sold their equity stake in BlueBotics, a navigation technology company based in St-Sulpice (VD), to Zapi group, an Italian manufacturer of electronic components for electric and hybrid vehicles.
BlueBotics is a 2001 founded spin-off of the Swiss Federal Institute of Technology (EPFL), developing and selling leading navigation technologies for industrial vehicle automation (ANT®). The company specialises in autonomous navigation solutions for vehicles in the professional use market, mostly active in industrial automation and service robotics.
Lenz & Staehelin advised the selling shareholders in this transaction. The team was led by partner Andreas Rötheli (co-head corporate and m&a, pictured) and included associates Ralph Kaufmann and Federico Trabaldo-Togna (both corporate and m&a), as well as partner Sevan Antreasyan (intellectual property & technology and outsourcing).
Bär & Karrer acted as legal advisor to Zapi Group in this transaction. The team was led by Paolo Bottini and further included associates Edoardo Buzzi, Arnaud Philippe, Sandro Gaggini and Saliba Betar (all m&a and corporate), associate Michel Morelato (tax), counsel Jonas Bornhauser and associate Tobias Rebmann (both IP)
