The Sage Group, a market-leading provider of business software products and solutions, has entered into an agreement for the sale of its Swiss business to Infoniqa, a provider of HR software solutions majority-owned by Warburg Pincus. The transaction is subject to certain closing conditions and is expected to complete within the next twelve months.
Bär & Karrer acts as legal advisor to Sage in this transaction. The team includes Mariel Hoch, Fabienne Perlini, Florentin Weibel and Marlene Lienau (all M&A), Markus Wang and Tobias Rebmann (both IP/IT), Mani Reinert (Antitrust), Raoul Stocker and Martin Leu (both Tax), Laura Widmer and Fanny Suter (both Employment) as well as Ruth Bloch-Riemer and Angelica Schwarz (both Pension and Social Security).