Profile
Ulysses von Salis specialises in private equity, M&A and corporate transactions as well as financings, with a particular focus on large companies and financial institutions. He advises investors, private equity sponsors, managers and target companies on private equity transactions. He is distinguished as a leading Corporate/M&A and Banking & Finance lawyer by Chambers and other legal directories.
Experience
Ulysses’ M&A and corporate experience includes private equity transactions (M&A and acquisition finance), other private and public M&A transactions, complex domestic and cross-border transactions, mergers, spin-offs, JVs and reorganisations. His finance practice focuses on advising lenders, borrowers and private equity sponsors on complex finance transactions, in particular acquisition, leveraged and syndicated financings as well as financings with manifold security.
Expertise includes advising:
- The Swiss Confederation on the CHF 9 billion loss protection guarantee granted to UBS Group in connection with its merger with Credit Suisse Group (2023)
- Lead counsel to Actelion Ltd, the largest European biopharma company in its USD 30 bn acquisition by Johnson & Johnson and the simultaneous demerger of its drug discovery and early clinical pipeline business into Idorsia Ltd. as well as the IPO of Idorsia Ltd
- Capvis and Partners Group in their buy-out of VAT Group AG, the market leader for vacuum valves, and subsequently VAT Group AG in the CHF 1.38 billion IPO on SIX Swiss Exchange in April 2016, at that time the largest IPO in Europe in 2016
- Partners Group in its acquisition first of a minority stake (2021) and then the majority (2022/2023) in the Swiss watch manufacturer Breitling
- Capvis in its acquisition of Schurter Holding AG, a leading manufacturer of components for low voltage safe power supplies, input systems and sophisticated overall electronic solutions, and several other acquisitions and exits of Swiss portfolio companies of Capvis (including Xovis, Variosystems and Lista)
- Founders and shareholders of Akara Group on the sale of the Swiss real estate asset manager Akara to Swiss Prime Site
- Columna Capital LLP in its acquisition of Ardentis, a leading Swiss dentist clinics group, and of Datamars SA, a leading Swiss supplier of identification solutions
- A consortium of more than 20 Swiss banks in a multibillion financing of a Swiss retail company
- The M&A Law Review – Swiss Chapter, 2021 The M&A Law Review, 2021, Edition 14 (Law Business Research Ltd.)
- The M&A Law Review – Swiss Chapter, 2019 in: The M&A Law Review, 2019, Edition 13 (Law Business Research Ltd.)
- Private equity in Switzerland: market and regulatory overview, 2020 in: Practical Law/ Thomson Reuters, 1 March 2020
- The M&A Law Review – Swiss Chapter, 2018 in: The M&A Law Review, 2018, Edition 12 (Law Business Research Ltd.)
- Private Equity in Switzerland: Market and regulatory overview, 2016/17 in: Practical Law Multi-jurisdictional Guide 2016/17 Private Equity and Venture Capital, Thomson Reuters (14 Pages; 4148 kb)
- Familieninterne Unternehmensnachfolge und M&A Transaktionen, 2014 in: Rudolf Tschäni (Hrsg.): Sonderdruck aus Europa Institut Zürich, Band 148, Mergers & Acquisitions XVI, Schulthess Juristische Medien AG, Zürich · Basel · Genf 2014, S. 31-54
- M&A in Switzerland – Law & Practice, 2013 in: Chambers Legal Practice Guide M&A 2013, p. 876 – 895
- M&A in Switzerland – Trends & Developments, 2013 in: Chambers Legal Practice Guide M&A 2013, p. 872 – 875
- Management Buy-outs, 2012 in: Private Equity II: Rechtliche, steuerliche und regulatorische Aspekte von Buy-out bis Exit, Europa Institut an der Universität Zürich (EIZ), Zürich 2012, S. 1-29
- Kapitalverlust und Sanierungsfusion, 2011 in: Thomas Sprecher (Hrsg.): Sanierung und Insolvenz von Unternehmen II, Europa Institut an der Universität Zürich (EIZ), Zürich 2011, S. 149-181
- Funktionen einzelner Vertragsklauseln bei Venture Capital und Private Equity Finanzierungen, 2011 in: Private Equity: Verträge und Rechtsfragen bei Venture Capital Investments (auf Grundlage der SECA-Musterverträge), Europa Institut an der Universität Zürich (EIZ), Zürich 2011, S. 269-296
- Länderbericht Schweiz, 2007 in: Andreas Richter/Thomas Wachter (Hrsg.): Handbuch des internationalen Stiftungsrechts, Basel et al. 2007, S. 1323-1378
- Fusionen nach dem neuen Fusionsgesetz, 2004 in: ZSR 123 (2004), S. 9-37
- Fusionsgesetz, 2004-2007 in: fusionsgesetz.ch, Zürich 2004-2007 (456 Pages)
- Securisation in Switzerland – Country Report, 2003 in: International Fi-nancial Law Review, Structured Finance Yearbook 2003, S. 88-92
- Private Equity Finanzierungsverträgein: Funktion Recht Steuern, Zürich 2002
- Verdecktes Eigenkapital – Warum der Drittvergleich im Steuerrecht nichts wirtschaftlich Bedeutendes vermittelt, 2002 in: ZSR 121 (2002), S. 17-199
- Zur Offenlegungspflicht der Banken, 1998 in: NZZ vom 30.12.1998 (Nr. 302) 22
- Swiss Bar Association
- SECA Swiss Private Equity and Corporate Finance Association
German
English