CMS advises shareholders on the sale of Orbium to Accenture
Accenture, a leading global professional services company, providing a broad range of services and solutions in strategy, consulting, digital, technology and operations, acquires the Orbium group.
Orbium, headquartered in Switzerland, is a management consultancy and technology services provider to the financial services industry that employs over 500 people in offices in more than a dozen cities across Europe, Asia-Pacific and the United States. In this context, Orbium helps private banks and wealth managers to improve their performance by aligning their business strategy with their operating model and technology architecture. Orbium's outstanding knowledge of the global wealth management industry has made the enterprise a market leader in the delivery of Avaloq-enabled business transformation projects. The acquisition of Orbium gives Accenture the worldwide leading position in Avaloq implementation and enhances its ability to provide innovative services to clients in the private-banking and wealth-management sectors globally.
A team from CMS Switzerland, led by partner Stephan Werlen, advised the shareholders of Orbium on all legal matters of the transaction.
CMS Switzerland
Dr Stephan Werlen, Partner, Corporate / M&A
Pascal Stocker, Associate, Corporate / M&A
Mark Cagienard, Partner, Tax
Marion Wyler, Associate, Competition
CMS Germany
Kai Neuhaus, Partner, Competition
CMS Austria
Dr Dieter Zandler, Partner, Competition
