18 March 2022 - The international trading and services group Otto Group, based in Hamburg, has acquired a majority shareholding in Medgate Holding AG, based in Basel. Otto Group became the new majority shareholder of Medgate Holding by buying out certain existing shareholders and subscribing to newly created shares in a capital increase. AEVIS VICTORIA SA, which previously held 40% of the shares, sold its shareholding in this connection and left the shareholder structure. Medgate Holding is a leading provider of digital health services, including telemedical consulting. In the course of the transaction, Medgate Holding also acquires the German BetterDoc GmbH, provider of services in the field of medical quality data analysis. Through the acquisition of Medgate Holding, Otto Group is specifically expanding its digital services in the direction of digital health. The founders of Medgate Holding and BetterDoc GmbH continue to hold a minority stake in Medgate Holding.
Bratschi advised Otto Group on all legal aspects of Swiss law in the context of the transaction, working together with the law firm CMS Hasche Sigle in Germany. The Bratschi team comprised Marco Rizzi (Partner, Lead/M&A), Dr. Felix Kesselring (Partner, Healthcare), Michael Barrot (Partner, Tax), Dr. Claudio Bazzi (Partner, Finance), Dr. Christian Wind (Partner, Competition Law), Dr. Adrian Bieri (Partner, Competition Law/IP), Stephanie Pontes (Associate, M&A/Corporate), Elisa Aliotta (Associate, IP), Serafin Oberholzer (Associate, Labour Law), Yaël Heymann (Associate, Healthcare/Data Protection), Emile Merkt (Associate, Corporate) and Nadine Wanner (Associate, Corporate).
Bratschi AG advised Burgergemeinde Bern on the legal spin-off and the successful sale of DC Bank to the BK Foundation.
With this acquisition, Circet is expanding its range of services in the field of telecommunications infrastructure in Switzerland. At the same time, it opens up access to adjacent markets such as smart infrastructure, the digitalisation of utility networks, smart metering and railway telecommunications. Founded in 2009 and headquartered in Zurich, Technik Partner AG today is supported by more than 120 professionals across Switzerland through a combination of direct employees and dedicated subcontractor teams and connects more residential units to the fibre-optic network across Switzerland than any other provider.
Bratschi advised Circet on all legal and tax aspects of the transaction. The team was led by Etienne Gard (Partner, M&A) and also included Damiano Gargiulo (Associate, M&A), Aline Sohm (Associate, M&A, Contract Law), Stephanie Caprani-Pontes (Associate, M&A, Contract Law), Kerem Altay (Partner, Tax) and Rico Dufner (Associate, Tax).
Bratschi AG advised UBS Switzerland AG, acting as mandated lead arranger, agent and security agent, in connection with a syndicated financing for SwissTech Watch Components SA (STWC), a leading Swiss industrial group specialising in the design and manufacture of high-precision components for the luxury watchmaking industry.