Clifford Chance's Prague office has advised Swiss Life Select International Holding AG on the acquisition of Fincentrum, one of the top three independent financial advisory consultants in the Czech Republic and Slovakia.

The acquisition of Fincentrum makes Swiss Life the leader in the independent financial advisory business in the Czech Republic and Slovakia. The value of the transaction has not been disclosed. The Fincentrum group was established in 2000 and has over 2,500 independent financial advisors in the Czech Republic and Slovakia.

The Clifford Chance team that advised on the matter was led by counsel Michal Jasek and supported primarily by associate Jakub Vesely. Ludvik Ruzicka assisted by Zuzana Moravkova advised on antitrust. Prague-based partner David Kolacek supervised the team.