Acquisitions in Geneva, Switzerland

Veryon, a San Francisco–based aviation software and information services provider, has acquired Rusada, a Geneva-based aviation maintenance management software company. The acquisition expands Veryon’s product portfolio and global customer base, combining Rusada’s ENVISION maintenance-management platform with Veryon’s existing aviation solutions to strengthen capabilities across commercial, business, military and government aviation customers.

Rothschild & Co Bank AG, the Swiss wealth management subsidiary of Rothschild & Co, has acquired Geneva-based private bank Banque Pâris Bertrand, strengthening Rothschild’s presence in the Swiss market and adding complementary asset management capabilities. The deal (first announced December 2020) increases Rothschild’s Swiss client assets to over CHF 20–22 billion and was completed following shareholder and regulatory approvals.

Mercury Systems agreed to acquire CES Creative Electronic Systems, S.A., a Geneva-based provider of safety-certifiable mission computing and avionics subsystems, for approximately $38 million. The deal (expected to close in Mercury's fiscal Q2 ending Dec. 31, 2016) expands Mercury's mission-computing and safety-critical avionics capabilities and broadens its addressable markets in commercial aerospace and defense globally.