IPO Partners

Helvetische Bank (HB) offers all services of a fully-fledged IPO mandate.

• Assessment of IPO general readiness (incl. necessary adjustments and roadmap)
• Assessment of IPO feasibility (investor pre-sounding, early-look meetings, non-deal roadshows, group events)
• Refinement of equity story and positioning
• Evaluation of expected public market valuation
• Project management of offering process (due diligence, transaction documents, independent deal research, etc.)
• Optimization of transaction structure, pricing, and allocation
• Placement of shares (distribution, bookbuilding, allocation, etc.)

As a small and agile challenger, HB keeps processes lean in order to carefully treat the client’s own resources during a transaction.  

Fast-growing SMEs, mature SMEs

All except biotech

Helvetische Bank AG (HB) is a leading Swiss private and investment bank focusing on advising SMEs in capital market transactions on SIX. Since its inception in 2011, HB successfully established itself as an alternative to larger investment banks by structuring transactions to the needs of SME companies and by addressing non-standard investor categories. HB’s capital market experts from our Corporate Finance, Research and Active Advisory practices combine for an average experience of more than 20 years. At the same time, being a small and agile challenger, HB aims to keep processes lean for clients in order to carefully treat client’s own resources during a transaction. 

Swiss investment bank focusing on advising SMEs in capital market transactions on SIX. Alternative to larger investment banks by structuring transactions to the needs of SME companies and by addressing non-standard investor categories.

• Agile challenger with focus on advising SMEs in Swiss capital market transactions
• HB is successfully operating in the Swiss capital market since 2011
• Market leader in SIX listed CHF bond transactions with a nominal amount below 100m
• Corporate finance core team active for HB since 2011, average experience of key employees 20+ years
• HB advised on more than 50 Swiss capital market transactions since its inception in 2011
• Strong network to non-standard investor categories (such as family offices, (U)HNWI and independent asset managers), lean decision-making processes allowing efficient transaction processes
• Own independent research team
  

• Kuros Biosciences AG, Rights issue, CHF 18.6m (December 2020)
• Crealogix Holding AG, SIX-listed convertible bond, CHF 25m (November 2019)
• HBM Healthcare Investments AG, SIX-listed straight bond, CHF 100m (July 2021)
• va-Q-tec AG, SIX-listed straight bond, CHF 25m (November 2020)
  

• Dr. Rolf Weilenmann, Head Corporate Finance and Member of the Executive Board, rolf.weilenmann@helvetischebank.ch, +41 44 204 56 11
• Martin Spiess, Assistant Vice President, martin.spiess@helvetischebank.ch, +41 44 204 56 12

Providing full guidance through the equity-raising process on public markets:

• Assessment of IPO general readiness (incl. necessary adjustments and roadmap)
• Assessment of IPO feasibility (investor pre-sounding, early-look meetings, non-deal roadshows, group events)
• Evaluation of expected public market valuation
• Refinement of equity story and positioning (incl. assistance in the preparation of marketing materials for the Transaction)
• Project management of offering process (due diligence, transaction documents, independent deal research, etc.)
• Optimization of transaction structure, pricing, and allocation
• Placement of shares (distribution, bookbuilding, allocation, etc.)

Fast-growing SMEs, mature SMEs, large corporations

All, specialized in Industrials, Technology, Media & Telecommunications, Retail, Consumer Goods and Services, Energy & Renewables, and Real Estate & Hospitality, Financial Services, Transportation & Infrastructure

Founded in 1973, the REYL Group is a diversified and entrepreneurial banking group with offices in Switzerland (Geneva, Zurich, Lugano), Europe (London, Luxembourg, Malta) and the rest of the world (Singapore, Dubai). In 2020, the REYL Group entered into a strategic partnership with Fideuram - Intesa Sanpaolo Private Banking, a leading European banking player, whereby Fideuram – ISPB acquired a 69% stake in REYL.

The REYL Group manages assets in excess of CHF 19.5 billion (CHF 25 billion including ISPBM) and employs more than 250 professionals.

Developing an innovative approach to banking, REYL serves a clientele of international entrepreneurs and institutional investors on a transversal basis through its Wealth Management, Entrepreneur & Family Office Services, Corporate Advisory & Structuring, Asset Services and Asset Management business lines. In recent years, REYL launched several strategic initiatives including a pure-play impact investing asset management affiliate (Asteria Obviam) and a fully digital Swiss private bank (Alpian, not yet licensed) targeting the mass affluent client segment.

REYL & Cie Ltd is licensed as a bank in Switzerland and performs its activities under the direct control of the Swiss Financial Market regulator (FINMA) and the Swiss National Bank (SNB). The REYL Group's subsidiaries are also regulated by the LPCC in Switzerland, the FCA in the UK, the CSSF in Luxembourg, the MFSA in Malta, the MAS in Singapore, the DFSA in Dubai and the SEC in the United States.

• Independent and non-conflicted advice: Reyl & Cie offers independent and non-conflicted advice, which makes it uniquely suited to offer a range of advisory and execution services to both public and private companies, as well as financial sponsors across a broad range of industry sectors and geographies
• Relationship driven: Reyl & Cie brings senior commitment to its clients in the fields of (i) Mergers & Acquisitions (ii) Equity Capital Markets (iii) Private Debt (iv) Restructuring and (v) Private Equity / Club Deals
• Strong industry expertise: the Corporate Advisory & Structuring team of Reyl & Cie has significant experience in multiple industries including Industrials, Technology, Media & Telecommunications, Retail, Consumer Goods and Services, Energy & Renewables, Real Estate & Hospitality, Financial Services, Transportation & Infrastructure
• Seasoned bankers: Reyl & Cie offers its clients access to a team of senior professionals, who have developed a track record of successful transactions over the course of their careers in bulge brackets investment banks and advisory firms worldwide
• Full Guidance through the equity-raising process: thanks to the expertise of its members regarding equity transactions across geographies and industries, Reyl & Cie provides professional expertise and advice throughout the equity transactional process 

• Varia US Properties AG, Private Institutional Placement on SIX Swiss Exchange, CHF 40m (November 2020)
• Varia Europe Properties, Capital Increase on BX Swiss, CHF 29m (December 2019)
• Ultima Capital AG, listing on BX Swiss, CHF 400m (August 2019)

• Xavier Ledru, Head of Corporate Advisory & Structuring,
  xledru@reyl.com, +41 22 816 81 85
• Mickael Gibault, Managing Director,
  mgibault@reyl.com, +41 22 816 81 37

ZKB offers a comprehensive list of services in connection with initial public offerings (IPO) and ensures post-IPO trading liquidity. As one of the leading banks for IPOs focused on SMEs in Switzerland, ZKB also participates as Joint Bookrunner in large IPOs.

• Assessment of IPO general readiness (incl. necessary adjustments and roadmap)
• Assessment of IPO feasibility (investor pre-sounding, early-look meetings, non-deal roadshows, group events)
• Evaluation of expected public market valuation
• Refinement of equity story and positioning
• Project management of offering process (due diligence, transaction documents, independent deal research, etc.)
• Optimization of transaction structure, pricing, and allocation
• Placement of shares (distribution, bookbuilding, allocation, etc.)

Fast-growing SMEs, Mature SMEs, Large Corporations

All

Zürcher Kantonalbank is a leading universal bank in the Greater Zurich Area, with national roots and international reach. It is an independent public-law institution of the Canton of Zurich and has received top ratings from the rating agencies Standard & Poor's, Moody's and Fitch (AAA or Aaa). With more than 5,000 employees, Zürcher Kantonalbank offers its clients a comprehensive range of products and services. The bank's core activities include financing businesses, asset and wealth management, trading, capital market transactions, deposits, payment transactions and card business. Zürcher Kantonalbank provides customers and distribution partners with a comprehensive range of investment and retirement provision products and services.

ZKB has accompanied most of the IPOs with a placement volume of less than CHF 250m in the past decades. ZKB has been involved in approximately two thirds of all IPOs at SIX Swiss Exchange since 2018 and with 19 completed transactions, ZKB ranked second in 2020 on Swiss ECM League Tables in terms of number of transactions. It has participated in over 50 relevant IPOs since 1990 and numerous capital increases.

ZKB has access to a broad network of key decision makers. ZKB is member of SECA Swiss Private Equity & Corporate Finance Association (incl. Board Seat). With the Swisscanto (CH) Private Equity Switzerland Growth Fund, ZKB has a growth fund that was established in 2018 and invests in unlisted growth companies during their expansion phase.

Its key employees boast 30+ years of experience in the capital markets.

• Montana Aerospace, IPO, CHF 506m (May 2021)
• PolyPeptide, IPO, CHF 848m (April 2021)
• V-Zug, Spin-off/Listing (June 2020)
• Aluflexpack, IPO, CHF 169m (June 2019)
• Medartis, IPO, CHF 144m (March 2018)
• Poenina, IPO, CHF 39m (November 2017)

• Dr. Andreas Neumann, Head Equity Capital Markets,
  andreas.neumann@zkb.ch, +41 44 292 20 40
• Florian Balschun, Head Capital Market Advisory,
  florian.balschun@zkb.ch, +41 44 292 20 20
• Yves Ledergerber, Equity Capital Markets,
  yves.ledergerber@zkb.ch, +41 44 292 20 77