Swiss Life Enhances Portfolio with Zwei Wealth Acquisition
Deal News | Feb 14, 2025 | Legal Community Swiss
Swiss Life, a global insurance firm headquartered in Zurich, has expanded its services by acquiring Swiss asset management advisory firm Zwei Wealth. This acquisition is part of Swiss Life's strategy to heighten its investment offerings by integrating a dedicated Wealth Office platform that serves institutions and high net worth individuals. Legal advisory for this acquisition was provided by Pestalozzi, a law firm with a team led by partners Christoph Lang and Andrea Huber. The acquisition aligns with Swiss Life's growth objectives, leveraging Zwei Wealth's established presence in Zurich, Geneva, Bern, and Winterthur.
Sectors
- Insurance
- Asset Management
- Legal Services
Geography
- Switzerland – Both Swiss Life and Zwei Wealth are based in Switzerland, with locations in Zurich, Geneva, Bern, and Winterthur.
Industry
- Insurance – Swiss Life is a major player in the global insurance industry offering life, pension, and financial solutions.
- Asset Management – Zwei Wealth operates in the asset management sector providing advisory services across Switzerland.
- Legal Services – Pestalozzi law firm provided legal advisory services in the acquisition, specializing in corporate, M&A, and financial services law.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Swiss Life | Buyer | Company | An insurance multinational offering life and financial solutions, based in Zurich. |
| Zwei Wealth | Target | Company | A Swiss asset management advisory firm with locations across major Swiss cities. |
| Pestalozzi | Legal Advisor | Company | A law firm providing legal counsel to Swiss Life in this transaction. |
| Christoph Lang | Partner at Pestalozzi | Person | Led the Pestalozzi team in corporate and M&A aspects of the deal. |
| Andrea Huber | Partner at Pestalozzi | Person | Led the Pestalozzi team in financial services aspects of the deal. |