Business transfers

May 2006

The merger consultancy PAX CORPORATE FINANCE arranged the sale of STELLON, based in Lausanne, Switzerland.

Customers and counterparties

STELLON, founded in 2002, is a leader in the French-speaking part of Switzerland in the field of consulting, implementation of performance measurement systems and corporate reporting (KPI: Key Performance Indicators).

The company employs 20 people and had a turnover of 3.2 million euros in 2005. Its customer base is made up of diversified key accounts, with a majority presence in the banking, insurance, pharmaceutical and telecommunications sectors.

The acquirer, SWORD GROUP, a company specialised in “Corporate Compliance Management” solutions, is strengthening its presence and service offering in Switzerland. STELLON’s know-how in performance management (KPI) is a strategic growth driver that will enrich SWORD GROUP’s offering at the international level.

STELLON, a profitable company, will meet SWORD GROUP’s profitability criteria within 2 months of its integration (consolidation of accounts from 1st July 2006). The budgeted internal expansion is 15%. PAX CORPORATE FINANCE is the French specialist in technology company mergers. The firm combines an original approach to financial expertise with a thorough understanding of its clients’ businesses. PAX CORPORATE FINANCE supports its clients in Europe and is actively involved in France, Benelux, Switzerland and the Iberian Peninsula.

Associate members