Unafortis AG, Zug, has been acquired by Luxoft Holding Inc. (NYSE LXFT). Unafortis, a Swiss based wealth management consultancy and IT services firm is one of the leading Avaloq implementation partners. Luxoft is a globally leading provider of software development services and IT solutions. With this strategic acquisition, Luxoft intends to further develop its global practice to the wealth management and private and retail banking industry.
Jürg Kurmann Mergers & Acquisitions AG has advised the sellers regarding the structuring of important price optimizing financial definitions in connection with specific closing accounts items.