References

Discretion is one of our business principles and is highly valued by our clients. For this reason, we do not disclose the names of our clients or transactions we have advised on in the Internet. One exception is capital market transactions, where our clients are publicly disclosed.

We look forward to presenting you our non-public references during a personal meeting. Our clients are also more than happy to give a personal reference or recommendation. In the past years, we have been advisors to the following transactions, which have been executed in Switzerland and Germany. In addition, we have worked on transactions in India, Brazil, the US, and most European Countries. Most of our transactions are cross-border.

Selected public and non-public references

Industry	Transaction	Client	Revenues ¹⁾
Textile / Interlinings	Divestiture of a business unit of a private company	Private Company	ND
Fineblanking - Automotive	Tender offer for listed shares	Private Company	400 m
Solar Industry (Machinery)	Merger of two publicly listed companies	Publicly listed	100 m/600 m
Frying Systems	Divestiture	Private Company	10 m
Naval Communication	Divestiture	Publicly listed	10 m
Resistance Welding	Acquisition of the majority of a publicly listed company	Private Investors	200 m
Textile Machines	Joint Venture of an Indian and a Swiss company	Private Companies	ND
Flooring, Adhesives, Belting	Minority of a publicly listed company	Private Company	1.6 mm
Real Estate Development	Financing	Private Company	ND
Electronic Manufacturing	Divestiture	Publicly listed	40 m
Internet	Divestiture of an online-network to a financial investor	Founders	ND
Real Estate	Acquisition of a large minority of a publicly listed company	Private Company	30 m
Security Services	Divestiture	Publicly listed	10 m
Solar Electricity	Divestiture to a publicly listed company	Founding Family	10 m
Specialty Chemicals	Acquisition	Public listed	35 m
Construction	Divestiture	Public listed	230 m
Furniture	Divestiture	Private Company	8 m
3-D Software	Growth Financing	Management	ND
Travel Industry	Acquisition	Private Company	15 m
Coffee Machines	Acquisition	Private Company	10 m
Automotive	Acquisition	Publicly listed	50 m
Stamping and Forming	Acquisition	Private Company	18 m
Real Estate Management	Divestiture	Publicly listed	35 m

1) Refers to the sales volume of the legal entity being acquired or divested