UBS has made an investment in numarics AG and wants to develop a strategic collaboration with Numarics with the intention of digitizing and expanding financial and administrative solutions for small and medium-sized businesses (SMEs) in Switzerland. Numarics will be a member of this partnership. In the day-to-day operations of SMEs, administrative activities frequently present a problem and consume a significant amount of time. Through this agreement, UBS and Numarics intend to develop solutions for small and medium-sized businesses (SMEs) that will consolidate and simplify accounting, time-consuming administrative duties, and banking services; the focus of these solutions will be on providing a mobile-first user experience that is consistent across the board.
Pestalozzi was UBS’s legal advisor for the many facets of the investment, including the legal ones.
The Pestalozzi team consisted of the following individuals: Pascal Richard (Partner – Corporate M&A), Petra Hanselmann (Partner – Corporate M&A), Markus Winkler (Counsel – IT / IP), Raphael Widmer (Associate – Corporate M&A), Mercedes Chiabotti (Associate – Corporate M&A), Martina Herzog (Associate – Employment), Daniel Molino (Junior Associate – Corporate M&A)
For detailed information, as well as the picture copyright, please see the law firm’s original article here: Pestalozzi advised UBS on its investment in numarics AG | Pestalozzi Attorneys at Law (pestalozzilaw.com)