Schellenberg Wittmer advises in 70% sale of MoneyPark to Helvetia Group for CHF 107 million
15 December 2016
SIX Swiss Exchange-listed Helvetia Group, an international insurance group with headquarters in Switzerland, takes over 70% of the shares in MoneyPark, the biggest mortgage intermediary in Switzerland. Helvetia bought the shares for a total price of CHF 107 million. In addition to the other shareholders, the founders and Tamedia still own some 20% of the company. MoneyPark is the leading Swiss technology-based advisory platform for financial products. It is a specialized and independent intermediary of mortgages and pension products and also offers ETF-based asset management services.
Schellenberg Wittmer acted as legal counsel to the founders. The team consisted of partner Oliver Triebold
(Corporate/M&A; overall lead), David Mamane
(Competition) and associates Mirjam Schneider
and Zlatina Iliev
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