Stefan Boeni

The Swiss Federal Tax Administration (SFTA) has issued a clarifying update that offers substantial relief to domestic companies involved in M&A transactions as intra-group intermediaries. In this Swiss Tax Alert, our experts summarise the official promulgation published by the SFTA on 1 November 2024 and explain how it removes some key uncertainties and reduces the tax burden for Swiss M&A participants Learn more here: https://okt.to/Fv6QDh #AMon #SwissTax #SFTA #Transactions #Mergers #Acquisitions

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⚡️⚡️Julius Baer Bank may buy EFG.   Julius Baer is considering buying Swiss private bank EFG International AG, according to Bloomberg. Bank Julius Baer completed preliminary merger agreements with EFG last week. EFG shares rose 1.2% on Friday, valuing the bank at 3.8 Swiss francs ($4.2 billion). The deal between the two banks will continue a transformation of the Swiss financial industry that began last year when the country's largest bank, UBS Group AG, bought rival Credit Suisse. 🤐Representatives of banks Julius Baer and EFG declined to comment. ☝️ Let us remind you that the largest shareholder of EFG is the family of billionaire Latsis, which made a fortune in Greek shipping. EFG's other major shareholders are Brazil's Banco BTG Pactual SA, with a stake of about 20%, and Boris Collardi, the former CEO of Julius Baer.   ❓💸Whether there will be a second major merger in the Swiss banking sector this year and what the result of the merger will be for clients is still difficult to say. We'll watch 🤓 #bank #investment #suiss #Geneve #EFG #JuliusBaer #BTG #Latsis #shipping #privatBank #trade #market #Bloomberg #trader

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Private markets remain muted in Q3, but recent interest rate cuts could prove a tailwind 06.11.2024 - Investoren Plattform News: Private Debt The latest Preqin Quarterly Updates show challenging fundraising and deal-making conditions for fund managers across most asset classes and regions. But interest rate cuts around the world could provide a tailwind in the final quarter of 2024. und mehr als 9.700 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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Andreas Hellmann, Partner at LGT Capital Partners, spoke to IPE DACH about the “adolescence” of the private equity industry. According to Andreas, the asset class has left the niche, as today it is part of almost every institutional portfolio. He finds it particularly remarkable that all parties involved in a private equity investment typically align their forces to drive positive change. Andreas believes that the realization of such long-term plans for a company, which are more difficult to realize in the public stock market, makes the asset class so interesting for institutional investors.   Read more here (article in German): https://lnkd.in/gEt3PvDQ   #lgtcapitalpartners #lgtcp #privatemarkets #privateequity #institutionalinvestors

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23.07.2024 - Investoren Plattform News: Private Equity 5 alternative investments that can diversify your portfolio beyond stocks, bonds, and cash Alternative investments are financial assets other than the traditional, publicly traded ones (stocks, bonds, and cash). The most common types of alternative investments include real estate, collectibles, commodities, private equity, and derivatives. Alternative investments offer portfolio diversification and a counterbalance to stocks, but they often are illiquid, unregulated, and not clearly priced. und mehr als 8.500 weitere Artikel finden Sie unter: https://lnkd.in/e7C_eC-8

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More than two years ago, I started my journey at FLEX Capital with the intention of building a top-tier HR case in Germany's PE sector. Value Creation and HR as a subfunction have a low level of maturity in small and mid-cap PE, but I believe they have enormous potential in most PEs' toolboxes because it's much more than "just" recruiting! Therefore, I am happy to have a platform and an interview partner with Private Equity Observer (PEO) 's founder, Pascal Philipp Buck. In the interview, we explored the nuances between HR responsibilities in PE and non-PE environments. At FLEX Capital, we focus on strategic and operational HR work within the fund and our portfolio companies. Our investment focus on small—to medium-sized software enterprises in the DACH region allows us to create tailored playbooks addressing common challenges like attracting and retaining top talent, building stage-appropriate HR solutions, and increasing Leadership as overall maturity. We delved into the importance of pre-deal HR involvement, discussing how recognizing and addressing HR-related white spots can significantly impact the deal cycle. I shared insights from my experience and introduced the maturity model I've developed for strategic HR work, which is now being applied internally for HR, Finance, Tech & Commercial DD, and value creation. One highlight of our discussion was the concept of Workforce Planning versus traditional hiring approaches. At FLEX, we believe in "No hiring without a business case," emphasizing aligning business strategy with people strategy for optimal performance. I also touched upon the critical role of management audits in ensuring that exemplary Leadership is in place, particularly in succession planning scenarios. Our structured approach helps us find the best CEO fit for each unique organizational situation. Our People Strategy at FLEX Capital underscores the employee as a critical value driver. We aim for maximum synergies with minimal complexity during group and platform building. This strategy is crucial in maintaining our portfolio companies' cultural fit and operational efficiency. For HR professionals looking to venture into PE or VC, my advice is to deeply understand the financial-driven nature of these environments and embrace the value of making observations measurable. We covered some ground in HR Value Creation, and I am grateful for the opportunity to share our journey. As you never walk alone, a big shoutout to my incredible team, Lars Meyer, Christoph Oesterheld, Gregor Hemeyer, Alessa Schlegel & Le Suong Ho, and Peter Waleczek & Christoph Jost, who make all this possible by seeing more in HR than "just" recruiting! Watch the full interview for more insights! Let's connect if you are interested in HR Value Creation, organizational design, or Maturity in the PE context! #PrivateEquity #HRValueCreation #FlexCapital #HumanResources #PeopleStrategy 

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Exploring Tax Incentives for New Businesses in Switzerland The Swiss business landscape shows promise for new ventures in 2024, especially with lucrative tax incentives awaiting exploration. Tax incentives at present give a compelling narrative for supporting business growth: 📈Competitive Tax Environment Switzerland's varying corporate tax rates across cantons offer a competitive edge, with rates as low as 11.9% to 12.3%, enticing businesses to establish their base. 📊 R&D Deductions Incentivizing innovation, Switzerland allows deductions of up to 150% on qualifying R&D expenses, fostering technological advancements and growth. 📑Startup Tax Holidays Cantons like Vaud provide up to ten years of tax exemption for startups, alleviating financial burdens during the crucial early stages. 📌Patent Box Regime With preferential tax treatment, the patent box regime encourages companies to capitalize on income generated from patented inventions, promoting creativity and investment. 🌐Special Economic Zones Economic zones like the Swiss Crypto Valley in Zug offer tailored tax conditions, propelling innovation in specific industries. Just as strategic adaptations drive the business profits, businesses can count on Sigtax tax planning serrvices to leverage tax incentives for maximum benefits. Get in touch today!

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Homburger acts as counsel to SIX Group in connection with the contemplated acquisition of Aquis Exchange, which was announced on November 11, 2024. The Homburger team is co-led by Jürg Frick and Kramer Stefan (both Banking / Finance) and includes Benjamin Leisinger, Stefan Bindschedler, Alexander Wherlock, Sofiya Shavlak and Riccardo Pompeo (all Banking / Finance) as well as Stefan Oesterhelt (Tax). Read the full article >> https://lnkd.in/dN8nZKTr #Legalcommunitych #legaladvisor #acquisition

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I'm thrilled to share more about our investment in Purpose Green! We led the ~EUR15M round with existing investors, Speedinvest and Atlantic Labs, doubling down. Over the last 12 months, we have worked closely with our European LPs to understand and envision their most pressing challenges over the next 12-24 months. The consistent feedback we heard was the following: 1. There was growing concern about ensuring that all assets stayed compliant with the wave of new regulations pushing for greener assets. For example, starting in 2025 in Germany, any building below energy efficiency cannot be rented out to new tenants 2. There was a lack of data on the ROI of the retrofitting capex 3. The retrofitting process is opaque, and there are a limited number of installers that operate across asset classes 4. The system is disjointed, where customers need to juggle multiple providers Given this feedback, we were looking for a one-stop-shop solution for green transformation across building types with capabilities around energy assessments, creating full decarbonization plans based on capex capabilities and regulatory compliance, green premiumization ROI calculations, assistance with selection and managing the retrofit process, and helping with ongoing monitoring on a go-forward basis. Purpose Green fits all of these criteria and more, and I'm so excited to be part of this journey with Lucas Christel, Lennart J. Christel, and Oki Memba!

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Five trends in benchmarking private market performance: webinar recap 27.10.2024 - Investoren Plattform Weekend News: Private Equity Outperformance over public markets is likely to continue, but the private capital landscape is likely to shift as more LPs do direct deals and funds explore different strategies and ways to exit . und mehr als 9.600 weitere Artikel finden Sie unter: https://lnkd.in/e7C_eC-8

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Very proud to have advised Deutsche Beteiligungs AG as debt advisor on the acquisition of a majority stake in UNITY AG together with my colleagues Bernhard Aigner, Julian Bley, Ariane Poret. Financing was provided by #eurazeo Natalie Venc Learn more about this transaction: https://lnkd.in/eeRmmhRH #LincolnTransactions #privateequity #debtadvisory #mergersandacquisitions #mergersacquisitions #manda #privateequity #privatequity #privatedebt #privatecapital #directlending #loans #finance #corporatefinance #capitaladvisory

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In this blog post Marc Schmidli shares the silver linings for dealmakers. #PwCDeals #ValueCreation #DealsTrends #M&AOutlook #M&A2024 #M&A2024MidYearUpdate

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"I will be attending Switzerland Private Equity Conference 2024 by Private Equity Insights on June19th in Zurich! Join me and 400+ LPs and GPs across Europe. Let me know if you're around! #PEINSIGHTSZURICH24"

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#fundingalert 💼Company: Doconomy 💰Funding: €34 Million ⚡Round: Series B 👥Investors: UBS Next, CommerzVentures, S&P Global, commodity and automotive markets joined the round. Other prominent existing investors Motive, PostFinance and Tenity participated in the round. Doconomy, founded in Sweden in 2018 by Mathias Wikström and Johan Pihl, is a world-leading provider of applied impact solutions. Its core mission is to ensure the future sustainability of life on Earth by empowering individuals and corporations to assume responsibility for their environmental footprint, fostering a sustainable lifestyle for all. Doconomy empowers banks worldwide to help close the gap between ‘say’ and ‘do’ amongst their client bases, by providing tools which encourage climate-friendly choices whilst supporting financial wellbeing. Henrik Rosvall, Didde Brockman Read more - https://lnkd.in/gqGH-RSR To share your startup story write us on - [email protected] #Doconomy #sustainability #fostering #financial #funding #fundingnews #news #startup #startupnews #startuprise

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Infrastructure Q3 2024: Preqin Quarterly Update 10.11.2024 - Investoren Plattform Weekend News: Infrastructure Fundraising remains soft after a short-lived recovery, with funds in market data suggesting experienced managers are delaying bringing larger funds to market Deals activity is a bright spot, with strong growth in larger deals compared with Q2 despite elevated rates Performance still strong for current asset owners, but higher valuations may be restricting new commitments. und mehr als 9.700 weitere Artikel finden Sie unter: https://lnkd.in/eYZk6Yt4

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