.
MergerLinks Header Logo

New Deal


Announced

Completed

Quintet Private Bank completed the acquisition of Bank am Bellevue.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Switzerland

Private

Friendly

wealth management

Acquisition

Asset Managers and Custodians

Single Bidder

Majority

Completed

Synopsis

Edit

Quintet Private Bank, the pan-European private banking group, completed the acquisition of Bank am Bellevue, the wealth management business of Bellevue Group, a Swiss asset management company. Financial terms were not disclosed. "With talented staff, strong client relationships and scalable infrastructure, Bank am Bellevue is an ideal fit for us. Together with that team and under the future leadership of Dagmar, we look forward to putting down roots and growing a robust Swiss business that meets the needs of both domestic and international clients," Jürg Zeltner, Quintet CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US