CMS advises Cité Gestion on its acquisition of Sartus Capital
Independent private bank Cité Gestion merged with Geneva based multi-family office Sartus Capital expending its total asset under management around CHF 7 billion.
Sartus Capital was founded in 2016 and acquired by its management in 2021. From the other side, Cité Gestion was founded in 2009 as an independent asset manager before being authorized as a bank by the Swiss Financial Market Supervisory Authority FINMA in 2022. Following this merger, Cité Gestion’s total assets under management will reach around CHF 7 billion. The combined entity employs about 100 people at in Geneva, Lausanne, Zurich, and Lugano.
The CMS Switzerland team led by Geneva partners Vaïk Müller (co-head of banking/finance, pictured left) and Pascal Favre (head of corporate/m&a, pictured right) advised Cité Gestion on m&a and contractual aspects of the underlying investment transactions.