PwC Legal und PwC Germany advice Enginsight on Series B financing round
A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) provided comprehensive legal and tax advice to Enginsight GmbH in connection with its Series B financing round, which raised a double-digit million amount. The round was led by the European growth investor Verdane. In addition, existing investors – the early-stage venture capital fund UVC Partners, Smart Infrastructure Ventures, and Hannover Digital Investments – as well as several business angels participated in the round once again. The transaction also included a secondary sale, in which some shareholders sold all of their shares and others sold a portion of their shares. For Enginsight, this Series B funding round represents a significant milestone and marks the beginning of its next phase of growth.
Enginsight offers a comprehensive cybersecurity solution for organizations with complex and constantly changing IT environments. The company was founded in Jena in 2017 by Mario Jandeck (CEO), Eric Range (CIO), and Max Tarantik (COO) and develops its software entirely in-house in Germany. Enginsight helps organizations strengthen their digital sovereignty and resilience against evolving cyber threats.
Advisors Enginsight GmbH
PwC Legal
Dr. Minkus Fischer (Lead), Gloria Müller, Roman Wagner, Simon Stähle (Legal Deals / M&A)
PwC Germany
Alexander Friedheim (Lead, Tax)
About PwC Legal Business Solutions:
In our global, rapidly changing business world, cooperation, restructuring, transactions, financing and social responsibility are topics that increasingly concern our clients. They need legal certainty for a wide range of complex tasks. That is why we advise them holistically and in close cooperation with PwC’s tax, human resources and finance experts and our international legal network in over 100 countries. Whether a globally active company, a public corporation or a wealthy private individual, every client has a personal contact at our firm who supports them responsibly in all matters of commercial law. In this way, we help our clients to secure their economic success in the long term.
PwC Legal Business Solutions in Germany. More than 370 lawyers at 18 locations. Integrated, tech-powered legal advice.
About PwC
At PwC, we help clients build trust and reinvent so they can turn complexity into a competitive advantage. We’re a tech-forward, people-empowered network with more than 360,000 people in more than 130 countries and territories. Across audit and assurance, tax and legal, deals, and consulting, we help clients build, accelerate, and sustain momentum. Find out more at www.pwc.com.
In this document, “PwC” refers to PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft, which is a member firm of PricewaterhouseCoopers International Limited (PwCIL). Each member firm of PwCIL is a separate and independent legal entity.
The term PwC refers to the PwC network and/or one or more of the legally independent network companies. Further details can be found at www.pwc.com/structure.
