Deals & Cases
MLL Legal advised Artefact, portfolio company of Ardian, on the acquisition of Effixis SA
MLL Legal advised the leader in data services Artefact, portfolio company of the private investment company Ardian, on the acquisition of Effixis SA, consultancy AI company.
On 31 July 2024, Artefact, a global leading company dedicated to accelerating the adoption of data and AI to positively impact people and organizations, acquired the entire share capital of Effixis SA and its Belgian subsidiary, Effixis Belgium Srl.
Artefact is a portfolio company of Ardian, one of the world-leading private investment houses, based in France.
Effixis SA was founded in 2017 and has been pioneering generative AI in Switzerland and Belgium. The company’s technical partnership with the Swiss Federal Institute of Technology in Lausanne (EPFL) has allowed for the translation of cutting-edge academic research into practical AI solutions for major clients in the luxury, financial services, insurance, and healthcare sectors.
By acquiring Effixis SA, Artefact is expanding its geographic footprint and depth of expertise in AI and data consulting, in line with its commitment to being a leader in that field.
The MLL Legal team was led by Mona Stephenson (Partner Corporate/M&A) and included Florian Müller (Partner Corporate/M&A), Michael Reinle (Partner IT/ICT) Arnaud Martin (Partner; Tax), Chloé Corger (Associate Corporate/M&A), Loïc Herinckx (Associate Corporate/M&A) and Armin Trautmann (Associate Corporate/M&A).