Kellerhals Carrard advises Mobiliar on its acquisition of Bexio

06. July 2018

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 to Swiss small businesses and start-ups. Bexio's cloud software 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, which is based in Rapperswil, Switzerland, and employs over 80 people, has experienced substantial growth over the last years and currently serves over 15’000 customers.. Furthermore, in 2016 and 2017, Bexio was named Switzerland's best software start-up.

Kellerhals Carrard (Team Thomas Bähler, Kathrin Enderli, Michèle Remund, Anna Gottret and Caroline Danner) acted as counsel to the buyer.