Invision launches CHF 145m continuation fund
Niederer Kraft Frey advised Invision, a leading investment group, on the launch and successful closing of Invision Logistics LP, a CHF 145 million continuation fund for the further development of Schneider Group as well as with regards to the concurrent refinancing of Schneider Group provided by a syndicate of banks led by Luzerner Kantonalbank. Invision Logistics LP will continue the successful and proven partnership with Schneider and has additional capital at its disposal to finance Schneider’s buy & build strategy.
In 2015, Invision acquired an initial stake in Schneider Group as part of a succession solution. Since then, the freight forwarding and logistics specialist has developed highly satisfactory and grown substantially through organic means as well as an active acquisition strategy. As a result, Schneider has more than doubled in size and expanded its international network to 56 locations in Switzerland, Europe, the USA and Asia within the last few years.
The NKF team was led by partners Manuel Werder (Corporate/M&A), Thomas Graf (Tax) and Adrian Koller (M&A/Finance), working with associate Binderiya Gan-Ayush, junior associates Carlotta Ulmer and Niklaus Hatz (all Corporate/M&A), senior associate Sara Müller (Tax) and partner Nicolas Birkhäuser (Antitrust/Competition).