Bellevue Group AG (SWX:BBN) acquired StarCapital AG on February 23, 2016. Bellevue Group will finance the transaction consideration by issuing equity worth CHF 30-40 million. The Board of Directors of Bellevue Group will submit a motion to increase authorized share capital at the annual general meeting on March 22, 2016. Transaction will be financed through capital increase via rights issue in the amount of CHF 30-40 million planned for the second quarter of 2016. As part of transaction, StarCapital AG will operate as an independent brand with all 16 employees joining Bellevue. The transaction is subject to approval by the Swiss and German regulatory authorities FINMA and BaFin. The transaction is to be completed in the course of the second quarter of 2016. Bellevue Group is expecting the acquisition to be immediately value accretive for all shareholders

Alexander Gerstadt will be appointed as Executive Chairman of StarCapital.

Björn Hürten, Efthimios Detsikas, Annette Simon, Philipp Reeb, Tanja Aschenbeck-Florange, Thorge Drefke, Matthias Terlau, Charlotte Strese, Annabel Lehnen, Yann Brugière, Joachim Breithaupt, Nadia Reinders, Dirk Roßmann, Felix Hilgert, Janos Mahlo, and Ingo Alexander Spahr of Osborne Clarke and Daniel Schoch, Andrea Sieber and Alexandra Linder of Meyerlustenberger Lachenal acted as legal advisors to Bellevue. Dirk Kolvenbach, Michael Pauli, Kirsten Thiergart, Katja Plückelmann, Sebastian Pels, Astrid Luedtke, Christoph Hexel, Anna Schenke, Rainer Velte, Beatrice Stange, Christoph Gringel, Johanna Stremnitzer, Kai-Uwe Steck and Vera Niedermeyer of Heuking Kühn Lüer Wojtek acted as legal advisor to StarCapital AG. Andreas Bättig of Staiger, Schwald & Partner AG acted as legal advisor to StarCapital.