Walder Wyss advises SMG on acquiring majority stake in Flatfox
SMG Swiss Marketplace Group AG (SMG) acquired a majority stake in Flatfox AG from Schweizerische Mobiliar Versicherungsgesellschaft AG (Mobiliar). Mobiliar will continue to hold a participating stake in Flatfox. The transaction aims to supports the further digitalization of the Swiss real estate sector. Flatfox will be integrated into the real estate ecosystem of SMG further bolstering SMG’s real estate marketplaces.
Flatfox, which has around 40 employees based in Zurich, Berne and Fribourg, has been committed to digitalising the rental process for over ten years.
Walder Wyss advised SMG on the transaction. The team was led by Markus Vischer (pictured left) (Partner, Corporate/M&A) and further included Dimitrios Berger (pictured right) (Managing Associate, Corporate/M&A), Michael Kissling (Senior Associate, Corporate/M&A), Dominik Aerni (Counsel, Corporate/M&A), Viviana Montorfano (Trainee, Corporate/M&A), Suan Jung (Trainee, Corporate/M&A), Simone Wetzstein (Partner, Employment), Joy Malka (Counsel, Employment), Lea Germann (Associate, Employment), Mark A. Reutter (Partner, IP/IT), Katharina C. Röhl (Associate, IP/IT), Monique Sturny (Partner, Competition), Johannes Stamm (Associate, Competition), Hannes Meyle (Associate, Competition) and Jan Ole Luuk (Counsel, Tax).