PwC Legal and PwC advise TVM Capital Life Science on the Series C financing round of Smart Reporting GmbH
Munich, May 14, 2024
A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and the auditing and consulting firm PwC Germany provided legal and tax advice to the venture capital company TVM Capital Life Science as lead investor in the Series C financing round of Smart Reporting GmbH.
Smart Reporting, headquartered in Munich, is a pioneer and market leader in the field of medical reporting, particularly in the areas of radiology and pathology. The vendor-independent software “SmartReports” offers a fully voice-controlled and data-driven docu-mentation solution for doctors, which forms the basis for workflow automation and machine-readable data. The software is distributed internationally via major healthcare IT partner-ships. With the additional funds from the Series C financing round, Smart Reporting intends to continue its international growth strategy, which was recently launched with its market entry in the USA. The focus will lie on penetrating key global healthcare IT markets and the productization of AI-based solutions.
TVM Capital Life Science (TVM) is a leading international venture capital investment compa-ny that invests in innovations in the life science sector. TVM manages a total of around 900 million US dollars via several funds. TVM’s portfolio focuses on therapeutics and medical technologies from Europe and North America, in particular first-in-class or best-in-class as-sets that have the potential to transform standard care for patients.
For the US aspects of the transaction, PwC Legal brought in a team led by J.T. Ho and Sarah Schaedler from the San Francisco office of the law firm Orrick, Herrington & Sutcliffe.
Advisor to TVM Capital Life Science:
PwC Legal:
Dr. Jörg Ritter (lead), Christine Kaniak-Hockel, Dr. Thomas Wenninger, Alexander Schmidt, Markus Breitenbücher (all corporate/M&A), Dr. Frank Degenhardt, Boris Christian, Markus Gortan (all labor law), Janina Thieme, Dinor Kadrijaj (both IP/IT)
PwC Germany:
Daniel Keller, Lukas Grüttner, Christoph Steuer (all Tax)
About PwC Legal Business Solutions:
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About PwC Germany:
Our clients face diverse challenges, strive to put new ideas into practice and seek expert advice. They turn to us for comprehensive support and practical solutions that deliver maximum value. Whether for a global player, a family business or a public institution, we leverage all of our assets: experience, industry knowledge, high standards of quality, commitment to innovation and the resources of our expert network in 149 countries. Building a trusting and cooperative relationship with our clients is particularly important to us – the better we know and understand our clients’ needs, the more effectively we can support them.
PwC Germany. More than 15,000 dedicated people at 20 locations. €3.05 billion in turnover. The leading auditing and consulting firm in Germany.
