GCA becomes part of Houlihan Lokey

Transaction

Transaction Details

Closed
July 18, 2018

Sector

Financial Technology, Insurtech (Insurance Technology), Software, Technology

Deal Type

Mergers and Acquisitions

Deal Value

N/D

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GCA Advises Bexio on Its Sale to Mobiliar

GCA is pleased to announce we acted as exclusive financial advisor to the shareholders of Bexio, a leading cloud-based business and accounting software solution provider for SMEs, on its sale to Mobiliar, a leading Swiss insurance company.

With the acquisition of Bexio, Mobiliar – which is Switzerland’s oldest insurance company – aims to build on its strong position in the SME market by increasing its focus on the digital space. Bexio, in turn, will gain further momentum in its development as an SME platform.

Bexio offers cloud-based business software that significantly reduces the administrative burden for SMEs, enabling them to concentrate on their core business. It covers the entire administration of an SME – including, for example, creating quotations, automated invoicing and reminders, integrated e-banking, product and warehouse management as well as online accounting with direct trustee access. Bexio has experienced substantial growth over the last several years and currently serves over 15,000 customers.

While Bexio will become a new subsidiary of Mobiliar, it will remain independent and not be integrated into the parent company. It is important for Mobiliar that Bexio retains its entrepreneurial character and continues focusing on its own growth.

Jeremias Meier, CEO of Bexio, said: “With Mobiliar as our new owner, we ensure continuity and the backing of a renowned parent company with a strong brand. This is key for SMEs because they trust us with their core processes. The support of Mobiliar will give us added impetus to develop ourselves further as an SME platform that is able to efficiently meet the needs of its customers.”

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