Press Release

Kirkland Advises Warburg Pincus on SFr 2.05 Billion Sale of Avaloq to NEC

Kirkland advised Warburg Pincus on the SFr 2.05 billion ($2.2 billion) sale of Avaloq to NEC. Avaloq provides powerful cloud solutions for banks and wealth managers around the globe through business process as a service (BPaaS) and software as a service (SaaS).

Read the Warburg Pincus press release

The transaction is expected to complete by April 2021.

The Kirkland team was led by transactional partner Adrian Maguire and associate Jiri Peterka.