We are pleased to announce the merger of ZETRA, a renowned Switzerland-based corporate finance firm, with Clearwater. This strategic move significantly enhances our international footprint, now encompassing 19 offices across 11 countries. 

The merger continues our international growth trajectory and bolsters our presence in key European markets. Over the past few years, we have expanded our reach in Europe and the US through several new partners and strategic alliances. The integration of ZETRA marks another important step in our international expansion, opening up enhanced opportunities to advise international clients from the mid-market, corporates, and private equity firms on cross-border transactions. The creation of an integrated DACH team will enable us to provide even more intensive support for clients in German-speaking countries.

ZETRA is renowned for its excellent reputation, especially for international transactions in the mid-market segment. The Swiss team boasts a track record of successfully completing more than 200 transactions with expertise in M&A, restructuring, real estate, and financing. Partners Frédéric de Boer, Ralf Hermann, Michael Märki, and Guido Mesmer, together with their Swiss corporate finance experts, will strengthen our 400-plus-strong team and further expand our M&A advisory services in the DACH region.

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"The merger with ZETRA marks an important milestone on our way to becoming the leading mid-cap adviser in the DACH region."

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ZETRA partnership, now the Clearwater Switzerland partnership, stated on the merger: 

“We are very excited to become part of Clearwater. Clearwater's unique culture and the close partnership between sector and country teams convinced us to take this important step in the development of our business. By combining our sector expertise and Clearwater's international reach, we will be able to offer our clients an even better advisory service in the future.”

Axel Oltmann, Managing Partner at Clearwater, commented: 

“The merger with ZETRA marks an important milestone on our way to becoming the leading mid-cap adviser in the DACH region. The integration of our sectoral competencies and the bundling of expertise and resources will significantly expand Clearwater's position in the DACH region and enable us to intensify our market development throughout Switzerland.”

Phil Burns, Chair and Co-Founder at Clearwater, shared his thoughts: 

“With the merger of ZETRA, we are excited to extend our global reach and local expertise into Switzerland and the broader DACH region. The addition of ZETRA's talented team not only strengthens our presence in key European markets but also enhances our ability to deliver exceptional advisory services across borders, enabling us to meet our clients’ needs with greater insight.”

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