The Edipresse Group, a leading publisher of consumer-focused publications and electronic media, has retained the London-based corporate finance advisory firm Phoenix Corporate Finance Partners LLP to conduct a strategic review of its shareholding in the financial information provider Infotec Holding S.A.
Infotec enjoys a leading position in the acquisition, integration and delivery of financial information. Infotec's core competence lies in the provision of a state-of-the-art, cost-effective financial and market information platform to financial institutions such as banks and asset managers, as well as to large corporate customers. Over the past few years, Infotec has established a market leading position in the Swiss market and is rapidly expanding overseas, in markets such as the UK, where it has an exclusive partnership with the London Stock Exchange's Proquote subsidiary.
Infotec has a strong and experienced management team and has enjoyed strong revenue growth and improved profitability over the past years. Edipresse fully supports Infotec's strategic objective to further expand its current market-leading position in the Swiss market to other European countries and to broaden the company's product line. Edipresse believes that a change in Infotec's shareholding structure should enable the company to better reach these goals.
Edipresse has already received a number of unsolicited offers for its stake in Infotec and intends to also initiate discussions with a select number of other potential strategic buyers. The commitment to further develop Infotec and expand its current market-leading position in the Swiss market to other European countries will be an important factor in the selection of a potential new shareholder.
For further information, please contact:
Tibère Adler, CEO Edipresse
Tél. +41 (0)21 349 45 18
Email
Michel Preiswerk, Acquisition and Business Analysis Director, Edipresse
Tél. +41 (0)21 349 47 60
Email
Marc S. Iarchy and Dr. Christopher Jaeger, Phoenix Corporate Finance Partners LLP
Tél. +44 20 7898 9223
miarchy@phoenixllp.com
cjaeger@phoenixllp.com