M&A Deal Summary

EFG International Acquires BSI SA

On February 22, 2016, EFG International acquired financial services company BSI SA from BTG Pactual for 1.3B CHF

Acquisition Highlights
  • This is EFG International’s 1st transaction in the Financial Services sector.
  • This is EFG International’s 0th largest (disclosed) transaction.
  • This is EFG International’s 1st transaction in Switzerland.

M&A Deal Summary

Date 2016-02-22
Target BSI SA
Sector Financial Services
Buyer(s) EFG International
Sellers(s) BTG Pactual
Deal Type Divestiture
Deal Value 1.3B CHF

Target

BSI SA

Lugano, Switzerland
BSI SA is a Swiss private bank specializes in private wealth management. It provides high net worth individuals, independent asset managers and family offices with a comprehensive range of products and services, from classic to alternative and innovative solutions.

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Buyer(S) 1

Buyer

EFG International

Zurich, Switzerland

Category Company
Founded 1995
Sector Financial Services
Employees3,118
Revenue 1.5B CHF (2024)
DESCRIPTION

EFG International is a private banking company offers asset management services. EFG International was founded in 1995 and is based in Zurich, Switzerland.


DEAL STATS #
Overall 1 of 1
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2016 M&A 1 of 1

Seller(S) 1

SELLER

BTG Pactual

São Paulo, Brazil

Category Company
Founded 1983
Sector Financial Services
DESCRIPTION

BTG Pactual is a financial institution active mainly in the investment and commercial banking, and wealth management businesses. BTG Pactual was founded in 1983 and is based in São Paulo, Brazil.


DEAL STATS #
Overall 1 of 2
Sector: Financial Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: Switzerland M&A 1 of 1
Year: 2016 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-09-15 BSI SA

Lugano, Switzerland

BSI SA is a Swiss private bank specializes in private wealth management. It provides high net worth individuals, independent asset managers and family offices with a comprehensive range of products and services, from classic to alternative and innovative solutions.

Buy Fr.1.2B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-03-24 FIS Privatbank

Niederanven, Luxembourg

FIS Privatbank is a fully licensed private bank focused on providing a safe and stable banking partner for wealth management, asset management, and financing to clients with a CET1 equity ratio of about 35% and LCR of more than 160%. Its subsidiary Inter-Portfolio offers tailor-made solutions for the management of UCITS investment funds. FIS Privatbank is based in Niederanven, Luxembourg.

Buy -