Quilvest Private Equity sells its cornerstone shareholding in Acrotec Group
On 15 June 2016, Quilvest Private Equity (Quilvest), the private equity arm of the leading global independent wealth manager and private equity investor sold its stake in the Acrotec group. Acrotec is one of the largest independent suppliers of critical components, in particular, for the Swiss luxury watch market. The enterprise value was approx. CHF 280 million.
Lenz & Staehelin advised Quilvest in this transaction. The team was led by Jacques Iffland and Hélène Weidmann (both Corporate and M&A). Frédéric Neukomm and Laïla Rochat (both Tax) and Benoît Merkt and Adrien Alberini (both Competition) also participated.