Bank J. Safra Sarasin Acquires MIV Asset Management
Deal News | Dec 03, 2024 | Legal Community Swiss
Bank J. Safra Sarasin has finalized the acquisition of 100% of MIV Asset Management, a fund specializing in medical technology investments. The acquisition will see MIV continue its existing strategic and organizational methods, thus providing ongoing solid performance and uninterrupted service for its clients. Legal firm Walder Wyss played a central advisory role in this transaction, handling various matters such as corporate, regulatory, and tax issues. The advisory team was led by experienced partner Patrick W. Vogel with assistance from senior associate Laurent Schmidt and counsels Stefan Walder and Janine Corti, focusing on corporate, M&A, and tax matters. This acquisition signifies an important step for Bank J. Safra Sarasin in broadening its investment portfolio within the medical technology sector.
Sectors
- Financial Services
- Medical Technology Investment
- Legal Services
Geography
- Switzerland – Walder Wyss, the law firm, and Bank J. Safra Sarasin are both based in Switzerland, indicating this as the geographical focus.
Industry
- Financial Services – The article involves Bank J. Safra Sarasin, a prominent financial institution, and the acquisition of an asset management company.
- Medical Technology Investment – MIV Asset Management specializes in funding within the medical technology sector, shaping the focus of the acquisition.
- Legal Services – Walder Wyss provided legal advisory services for the transaction, indicating the article's relevance to the legal industry.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bank J. Safra Sarasin | Buyer | Company | A Swiss private bank acquiring MIV Asset Management. |
| MIV Asset Management | Target | Company | An asset management fund specializing in medical technology investments. |
| Walder Wyss | Legal Advisor | Company | Provided legal advisory services on corporate, regulatory, and tax matters for the acquisition. |
| Patrick W. Vogel | Partner | Person | Led the legal advisory team for Walder Wyss on the transaction. |
| Laurent Schmidt | Senior Associate | Person | Part of the legal advisory team, specializing in Banking and Corporate/M&A. |
| Stefan Walder | Counsel | Person | Part of the legal advisory team, focusing on Corporate/M&A. |
| Janine Corti | Counsel | Person | Part of the legal advisory team, specializing in tax matters. |