Top

WARBURG PINCUS – ACQUISITION OF AVALOQ

31 marzo, 2017

Global private equity firm Warburg Pincus has announced the acquisition of a 35% stake in Avaloq from its founders. Financial details of the transaction have not been disclosed, but the valuation of the company is believed to be above CHF1bn ($1bn). Based in Switzerland, Avaloq offers integrated and comprehensive banking solutions to banks and wealth managers.