Capgemini and Indosuez Wealth Management, the global management brand of Crédit Agricole group, announced that Capgemini made a 20% equity investment in Azqore SA, a company with headquarters in Lausanne and Indosuez’s subsidiary, specializing in technology outsourcing services and banking transactions for the wealth management sector.
With more than 25 years experience, Azqore offers its services to 30 clients in 11 countries via its three locations (Geneva, Lausanne and Singapore). The company has raised CHF 135 million in revenues in 2017.
This equity investment confirms the strategic ambition of the two groups to set a global benchmark in technology outsourcing services and banking transactions for the wealth management sector and mid-sized universal banks.
Homburger acted as legal advisor to Capgemini in connection with this equity investment. The Homburger team was led by partner Frank Gerhard (picture) and included associates Joy Malka and Sarah Chevalley (all Corporate | M&A).
Law Firms: Homburger;
Clients: Capgemini SE;