Financial advisory
Corporate transactions have become more complex. A successful transaction means dealing with important business and entrepreneurial issues from day one.
Forvis Mazars supported SGS Group in the acquisition of CertX
December 2024 | SGS Group, a global leader in inspection and certification based in Geneva, has acquired CertX. The Financial advisory team at Forvis Mazars supported SGS Group by conducting financial and tax due diligence.
SGS Group, a global leader in inspection and certification based in Geneva, with a presence in 119 countries through a network of over 2,700 laboratories and nearly 100,000 employees, has acquired the Fribourg-based company CertX.
This start-up, founded in 2018 as a spin-off from the University of Fribourg, specialises as an inspection and certification body in the fields of cybersecurity, artificial intelligence (AI), and functional safety.
This strategic acquisition enables SGS Group to strengthen its leadership in high-assurance cybersecurity and artificial intelligence certifications, aligning with its "Strategy 27" plan, while expanding development opportunities within its global "Digital Trust" portfolio.
The SGS Group appointed the Forvis Mazars Financial advisory team:
• for the financial due diligence: Antonio Rubino, Pierre Aubrun and Pierre Kalamarides
• for the tax due diligence: Ludovic Pasche
Due diligence
The reasons for corporate transactions are complex and individual. Therefore, first we shall analyse with you the financial, tax and legal opportunities and risks of the potential target company. After having established the framework conditions of a possible transaction and having defined a valuation range, a due diligence is normally conducted. During this crucial phase, the seller presents to the...
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Ludovic Pasche Executive Director - Lausanne
