msg has acquired baeriswyl tschanz & partner ag (btpag), enhancing its service portfolio and strengthening its market presence in Switzerland while ensuring job security for btpag's employees.
Overview of the Target
The IT and consulting firm msg has acquired baeriswyl tschanz & partner ag (btpag), located in Ittigen/Bern, effective immediately. This acquisition is part of msg's strategy to enhance its international presence while further developing its operations within the Swiss market. By securing the future of btpag, msg ensures the continued employment of approximately 40 staff members currently associated with the company. Additionally, this move allows msg to expand its portfolio in Switzerland with enhanced consulting and project management services, as well as Lean/Agile offerings.
Marc Baeriswyl, CFO of btpag, expressed satisfaction with the acquisition, emphasizing that the transition ensures the company's longevity, job security, and retention of its name. This acquisition offers btpag significant growth potential, leveraging msg's strength as a major international and strategic partner.
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Industry Overview in Switzerland
The Swiss IT and consulting industry is experiencing robust growth, driven by the increasing demand for digital transformation services across various sectors. As companies in Switzerland seek to adapt to a rapidly evolving technological la
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msg
invested in
baeriswyl tschanz & partner ag
in 2022
in a Merger deal