Financial Advisor to Netcetera

Financial Advisor to Netcetera AG and the main shareholders of Braingroup AG on the takeover of the majority of Netcetera AG in Braingroup AG

On 31 October 2023, the two companies Netcetera AG (Netcetera) and Braingroup AG (Braingroup) announced a transaction. Netcetera, a leading Swiss software company, is increasing its existing stake of 33% in Braingroup by 45%, giving it a clear majority. The remaining shares will be held by Braingroup’s leadership team. Braingroup focuses on the Swiss banking and insurance sector with its product business for hybrid financial advisory. The acquisition of the shares is a significant step for both companies and consolidates the close cooperation between the two companies, which has lasted almost 15 years. Together, they cover the future requirements of the market with a future-proof end-to-end offering from mobile and web banking to advisory services and are driving forward the digital transformation. Braingroup will continue to operate as a strong and independent brand in the Swiss market.

Support from IFBC

‍IFBC supported Netcetera and the main shareholders of Braingroup as financial advisor during the initiation phase of the transaction. IFBC prepared an independent valuation as a basis for negotiations, developed a balanced term sheet with the parties, and moderated the contract and purchase price negotiations. The combined expertise of Netcetera and Braingroup and their joint experience in the financial services sector will create a comprehensive and forward-looking digital banking offering.

About Netcetera

‍As a globally active software company, Netcetera supports customers with future-oriented products and individual digital solutions. Netcetera covers the entire IT lifecycle, from ideation and strategy to implementation and operation. The balanced combination of the latest technologies and proven standards ensures investment security, both for major projects and innovative start-ups. The approximately 800 employees have a common goal: to support customers on the best way to achieve their digital business goals. The headquarters are in Zurich, Switzerland. Netcetera also has other locations in Europe, Asia and the Middle East. Giesecke+Devrient (G+D), a global security technology group headquartered in Munich, Germany, has been a strategic partner since 2020 and has held a majority stake in the Netcetera Group since February 2023.

About Braingroup

‍Braingroup is the market leader for modern hybrid financial advisory software in the Swiss banking and insurance sector. Its solutions cover both online and face-to-face advisory formats – from meeting preparation to the conclusion of the transaction. This turns the consultation into an interactive experience and creates the basis for a lasting bond between advisors and their clients. With around 3100 users at over 105 financial service providers, Braingroup is firmly established in the Swiss market.

‍