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CMS advises Everbridge on the acquisition of Techwan SA

Everbridge has acquired all of the issued shares in Techwan SA. The base consideration was paid in part in cash and in part in newly issued shares of common stock in Everbridge, Inc. With the acquisition of Techwan SA, Everbridge is looking to expand its customer base and acquire strategic technology assets to enhance its product offerings.

Techwan SA is a Swiss software company based in Renens (VD) which was founded in 2000 and specializes in public safety solutions. Its command and control systems for operational and crisis management (SAGA platform) are developed for and used by police departments, fire brigades, ambulances, airports and private companies, including the French National Gendarmerie.

Everbridge, Inc. is a NASDAQ-listed global software company (NASDAQ: EVBG) that provides enterprise software applications that automate and accelerate organizations' operational response to critical events in order to keep people safe and businesses running. During public safety threats including shooter situations, terrorist attacks or severe weather conditions, as well as critical business events such as IT outages, cyber-attacks or other incidents such as product recalls or supply-chain interruptions, global customers rely on Everbridge's Critical Event Management platform to quickly and reliably aggregate and assess threat data, locate people at risk and responders able to assist, automate the execution of pre-defined communications processes and track progress on executing response plans.

A team of CMS led by Dr Daniel Jenny has comprehensively advised Everbridge on the acquisition of Techwan SA.

CMS Switzerland

  • Dr Daniel Jenny, Partner, Corporate / M&A
  • Florian Jung, Associate, Corporate / M&A
  • Alina Fancelli, Trainee, Corporate / M&A
  • Dr Dirk Spacek, Partner, IP/IT
  • Christian Gersbach, Partner, Employment
  • Sarah Keller, Associate, Employment
  • Mark Cagienard, Partner, Tax

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