Transaction
Pava Partners has advised MS Direct Group AG (“MS Direct Group”) and all other shareholders of Quickmail AG (“Quickmail”), the only private mail service provider in Switzerland, on the sale of the majority of shares to a group of investors represented by Verium AG. The parties have agreed not to disclose further details of the transaction.
Quickmail is the first private company in Switzerland to deliver addressed mail since the partial liberalization of the letter market. According to the activity report of the Federal Postal Commission PostCom, it is the market leader among private mail service providers and, alongside Swiss Post, is the only company in Switzerland active in the field of mail traffic.
Client
About Quickmail
Quickmail is the first private company in Switzerland to deliver addressed letters since the partial liberalization of the letter market. The AG was founded in August 2009 and delivers addressed letters, mailings, catalogues and magazines weighing over 50g. Quickmail currently has 150 full-time employees and 3500 part-time employees (delivery staff). Its customers come from the mail order, retail, publishing, fundraising, automotive, education and travel sectors.
About MS Direct
The MS Direct Group is a Swiss family business with around 900 employees and a full-service provider of customized solutions and comprehensive services for customer relationship management and e-commerce.
Buyer
About Verium
Verium is an independent multi-family office and manages investments in medium-sized companies for its investors, such as the IT service provider Toradex or Home Instead, a service provider for senior care.
