Kellerhals Carrard advises Vam Investments on the acquisition financing of Groupe Chaumont

Kellerhals Carrard advised Vam Investments on the acquisition financing of Groupe Chaumont SA as borrower with a credit facility by a banking syndicate led by Raiffeisen Switzerland Cooperative as Agent. The syndicated credit facility enabled the financing of part of the purchase price of the M&A transaction involving several Swiss watch components manufacturers to the luxury watch industry. The transaction brings EFTEOR SA, Le Composant SA, Henri Robert SA and Télôs Watch SA under the umbrella of Groupe Chaumont.

Vam is a private equity operator specialized in consolidating fragmented markets to build national leaders via consolidation platforms. Led by Marco Piana, Vam has been active in Italy for over 14 years with an industrial, hands-on, and flexible approach. In the past five years, it has invested over €600 million in the mid-market space, supporting entrepreneurs and managers through growth, generational transition, and aggregation processes. In the commercial execution of the transaction Vam Investments was supported by debt advisor Rosedge Capital AG. The Rosedge Capital team consisted of Laura Rusu and Patrick Mann.

The Kellerhals Carrard team consisted of Luca Bianchi (Partner, Banking & Finance), Kevin MacCabe (Senior Associate, Banking & Finance), Yusuf Sume (Associate, Banking & Finance) and Angelica Schwarz (Partner, Tax).