Advising Swiss Life Germany on acquisition of TELIS Group

With the acquisition of one of the leading financial advisory firms in Germany, Swiss Life Germany is significantly strengthening its market position and driving continued growth. TELIS Group, headquartered in Regensburg, ranks among the top five German financial services distributors, with approximately 1,800 licensed advisors and more than 350 employees at its head office. In 2025, TELIS Group generated total revenues in excess of EUR 200 million.

Closing of the transaction is subject to customary regulatory approvals and is expected to occur in the third quarter of 2026. The parties have agreed not to disclose the purchase price.

Swiss Life Germany is a leading provider of financial and pension solutions and is part of Zurich-based Swiss Life Group. The group currently employs more than 10,000 people worldwide. In the German market, Swiss Life operates under several brands, offering tailored insurance, pension, and wealth management solutions to both individuals and businesses.

The A&O Shearman team was led by partner Dr. Hans Schoneweg (Corporate/M&A, Hamburg) and comprised partners Dr. Heike Weber (Tax, Frankfurt), Dr. Jens Matthes (IP/IT), Catharina Glugla (Data Protection, both Dusseldorf), Dr. Börries Ahrens (Antitrust), Dr. Christian Hilmes (Real Estate, both Hamburg), Dr. Sebastian Schulz (Employment, Frankfurt), Dr. Jan Schröder (Corporate/M&A, Dusseldorf) and counsel Juliane Dieckmann-Keden (Corporate/M&A, Hamburg). The team further included senior associates Dr. Marcus Mackensen (Hamburg), Dr. Saber Baratzadeh (Dusseldorf, both Corporate/M&A), Dr. Kathrin Haag (Antitrust, Hamburg), Dr. Sven Gunkel, Anne Pelzer (both Employment, both Frankfurt), Carl-Philipp Hoepner-Strufe (Real Estate), Dr. Benn Berger (Tax, both Hamburg) as well as associates Robin Petschenka (Dusseldorf), Philipp Conradi, Dr. Till Arne Storzer (Hamburg, all Corporate/M&A), Johanna Otten (IP/IT), Pascal Yves Schroeder (Data Protection, both Dusseldorf), Dr. Jan Henrich, Olga Stange (both Employment, both Frankfurt) and Friederike Ehmler (Real Estate, Hamburg).