Bär & Karrer Advises Crayon on its Combination with SoftwareOne

SoftwareOne Holding AG and Crayon Group Holding ASA, two leading global providers of software and cloud solutions, announced that they have agreed to combine the two companies. To this end, SoftwareOne will launch a recommended voluntary public tender offer to acquire all outstanding shares in Crayon, offering a combination of shares in SoftwareOne and cash.

After completion of the transaction, the shareholders of Crayon will collectively own up to approximately 1/3 of all SoftwareOne shares. The combined company will be headquartered in Switzerland and listed on SIX Swiss Exchange, but the parties are also exploring the possibility of a dual listing on the Oslo Stock Exchange.

Bär & Karrer is acting as Swiss legal counsel for Crayon. The team includes Mariel Hoch, Christoph Neeracher, Urs Kägi, Fabienne Perlini, Marlene Lienau and Jorim Braun (all M&A).