Signed Sealed Weekend – September 26
Welcome to our weekly newsletter appointment with Signed, Sealed, Weekend. Let’s go through the news highlights of week, which is now coming to an end.
Orrick has confirmed to legalcommunity.ch that it will wind down its Geneva office – the only Swiss location – by year-end, following a routine review coinciding with the conclusion of the office lease. The firm also stated that it will provide transition support to the five professionals affected by the closure— one counsel and four staff members.
MME advised TIC Holding Schweiz – a buy, build, and technology platform financed by Winterberg Investment X and managed by Winterberg Advisory – throughout its acquisition of TransGeo, a specialist in construction materials testing and advisory services.
Swiss workplace management platform Deskbird has recently secured a USD 23 million Series B financing round. Octopus Apollo led the operation, with Neva – the VC alternative asset manager company of the Intesa Sanpaolo Group – as co-lead. Existing investors AXA venture partners, Alstin Capital and PortfoLion Capital Partners also supported the round. Kellerhals Carrard represented Deskbird throughout the matter, while Bär & Karrer advised Neva SGR.