Zurich – The European Private-Equity company EMZ Partners has entered into a binding share purchase agreement to acquire the majority in ASSEPRO, headquartered in Pfäffikon, Switzerland. In addition to EMZ, the management team of ASSEPRO as well as further employees become significant shareholders in the Group.
ASSEPRO was created in 2016 through the merger of long-established Swissbroke and Fraumünster Insurance Experts. Based on solid organic as well as inorganic growth in recent years, the group developed into the leading independent insurance broker company with a focus on small and medium-sized enterprises (SMEs) in Switzerland covering a broad value chain including brokerage, insurance advisory, risk management, pension schemes, financial/pension planning and employee benefits.
The core competencies of ASSEPRO include insurance brokerage and insurance consulting, risk management, financial and pension planning, employee benefits, legal advice and occupational safety. In the recent years, the group developed Assepro.Online as the market leading digital solution for its customers.
EMZ is a leading European investment firm with offices in Paris and Munich. The firm focuses on medium-sized companies and offers flexible capital solutions in strong partnership with founders, family shareholders and managers. EMZ is majority-owned by its own employees and has a base of European institutional investors. The current fund has a volume of more than 1.0 billion euros and its investment size ranges from 10 to 150 million euros.
A CMS team headed by Alain Raemy advised the shareholders of ASSEPRO and its management on the legal aspects in this transaction.
- Alain Raemy, Partner, Corporate/M&A
- Marc Cagienard, Partner, Tax
- Andrea Relly, Senior Associate, Corporate/M&A
- Dirk Spacek, Partner, IP/IT
- Jens Lehmann, Associate, Tax
- Helena Loretan, Trainee, Corporate/M&A