Graubündner Kantonalbank acquires a stake in Twelve Capital Holding 

Graubündner Kantonalbank (GKB) has entered into an agreement to acquire a stake of around 30 percent in Twelve Capital Holding, an independent investment manager specialising in insurance investments for institutional clients. 

This strategic financial investment strengthens GKB’s position as an investment house and enables the exploitation of meaningful synergies and the strengthening of mutual competencies. The transaction is subject to regulatory approvals and further customary condition precedents and is expected to close in Q2 2022. 

Homburger advised Twelve Capital Holding in connection with the acquisition. The team included partner Daniel Daeniker (corporate / m&a, pictured) and lead associate Timo Hasler (corporate / m&a) as well as partner Stefan Oesterhelt (tax).