DDM Group’s Acquisition of Swiss Bankers Prepaid Services AG

Walder Wyss has advised DDM Group on this transaction.

DDM Group announced the acquisition of Swiss Bankers Prepaid Services AG, the Swiss market leader for prepaid cards.

DDM Group, headquartered in Zug, Switzerland, operates as an active investor and partner for financial institutions in Europe including acquisitions of assets and companies previously held by banks, such as is the case with Swiss Bankers Prepaid Services AG.

With its experience at the intersection of technology and the financial sector, DDM Group intends to actively shape and support the strategic orientation of Swiss Bankers Prepaid Services AG and the implementation of their international expansion strategy going forward. The transaction is subject to the issuance of the necessary regulatory approvals.

The Walder Wyss team was led by Markus Vischer (Picture – Partner) and Michael Kündig (Senior Associate), both Corporate/M&A. Further, it included Markus Pfenninger (Partner), Urs Hofer (Counsel), Alexander Eichhorn (Managing Associate), Valentin Wiesner (Managing Associate) and Etienne Trandafir (Associate), all Regulatory, Boris Räber (Managing Associate), Christoph Zaugg (Senior Associate), Dario Galli (Associate), all Corporate/M&A, Christoph Stutz (Counsel) and Valentina Eichin (Associate), both Employment, David Vasella (Partner) and Anne-Sophie Morand (Associate), both Technology & IP.

Involved fees earner: Valentina Eichin – Bär & Karrer; Alexander Eichhorn – Walder Wyss Ltd.; Dario Galli – Walder Wyss Ltd.; Urs Hofer – Walder Wyss Ltd.; Michael Kündig – Walder Wyss Ltd.; Anne-Sophie Morand – Walder Wyss Ltd.; Markus Pfenninger – Walder Wyss Ltd.; Boris Räber – Walder Wyss Ltd.; Christoph Stutz – Walder Wyss Ltd.; Etienne Trandafir – Walder Wyss Ltd.; David Vasella – Walder Wyss Ltd.; Markus Vischer – Walder Wyss Ltd.; Valentin Wiesner – Walder Wyss Ltd.; Christoph Zaugg – Walder Wyss Ltd.;

Law Firms: Bär & Karrer; Walder Wyss Ltd.;

Clients: DDM Holding AG;

Federica Tiefenthaler

Author: Federica Tiefenthaler