Bär & Karrer Advises CVC in Connection with Partners Group's Increased Investment in Breitling

CVC and Partners Group have entered into an agreement for Partners Group to increase its stake in leading Swiss watchmaker Breitling AG in a transaction that will make it the company's largest shareholder. Upon completion of the transaction, Breitling Group will continue to be jointly owned and controlled by CVC Capital Partners, Partners Group and management. Closing of the transaction is subject to regulatory approvals.

Bär & Karrer acts as international lead counsel to CVC in this transaction alongside Freshfields Bruckhaus Deringer (United Kingdom) and Elvinger Hoss Prussen (Luxembourg).

The team is being co-led by Christoph Neeracher and Raphael Annasohn and includes Luca Jagmetti, Philippe Seiler, Arnold Romero, Romina Lauper, Benjamin Grunwald, Lazar Lepir, Patrick Zumsteg, and Leander Knapp (all M&A), Urs Kägi and Thomas Rohde (both Corporate), Ralph Malacrida, Lukas Roesler, Micha Schilling, Janine Wüst and Yanick Loher (all Financing), Susanne Schreiber (Tax) as well as Markus Wang (IP/IT).