Wealth management platform FNZ acquires Appway. The advisors

FNZ, a global wealth management platform, has agreed to acquire Appway from its founding shareholders and Summit Partners. Appway is a provider of client onboarding and client servicing for financial institutions. The transaction is due to be completed early in the first quarter of 2022.

This strategic acquisition gives FNZ significant technology expertise in enterprise-grade, low-code/no-code workflow automation with deep domain expertise across the entire wealth management value chain.

The advisors

Bär & Karrer acts as legal advisor to the founding shareholders of Appway in this transaction. The team is co-led by Christoph Neeracher (pictured left) and Raphael Annasohn (pictured right)and further includes Lukas Bründler and Li Wei Dutler (all m&a), Susanne Schreiber and Kerim Tbaishat (both tax), Markus Wang and Jonas Bornhauser (both IP/IT), Laura Widmer (employment), Rehana Harasgama (data protection) as well as Mani Reinert (antitrust).

Goodwin Procter acts as legal advisor to Summit Partners in this Transaction.

Homburger acted as Swiss counsel to FNZ in this transaction. The Homburger Team was led by partner Dieter Gericke (corporate / m&a, pictured left) and included lead associate Stefan Luginbühl, associates Carlo Sulser and Claudine Schär and support lawyer Cédric Berger (all corporate / m&a), partner Gregor Bühler and associate Gabriel Kasper (both IP/IT), as well as associate Philippe Weber (tax).