PwC advises on the sale of VISUS Health IT to CompuGroup Medical

June 10, 2021

Frankfurt, 10th June 2021

A multidisciplinary team from PricewaterhouseCoopers Legal AG Rechtsanwaltsgesellschaft (PwC Legal) and PricewaterhouseCoopers GmbH Wirtschaftsprüfungsgesellschaft (PwC Germany) advised VISUS Beteiligungsgesellschaft mbH and Grönemeyer Medical GmbH & Co. KG on the sale of VISUS Health IT GmbH (VISUS Health) to CGM Clinical Deutschland GmbH (CGM).

Gerhard Wacker, Moritz Gröning and their PwC Legal team provided comprehensive legal advice to the sellers VISUS Beteiligungsgesellschaft mbH and Grönemeyer Medical GmbH & Co. KG comprehensive legal advice and, in particular, assisted in the preparation of the transaction as well as the drafting and negotiation of the transaction documentation. The legal IP advice was provided by Dr Tobias von Tucher and his team. On the antitrust side, a team led by Susanne Zühlke provided legal advice, while Dr Georg Queisner advised on public procurement law. Dr Alexander von Friesen and his advisory team, as specialists for M&A in the healthcare sector, advised on behalf of PwC Germany. The transaction team led by Matthias Gross was also involved. Tax advice was provided by the PwC Deals Tax team led by Daniel Windsheimer.

VISUS Health is one of the leading providers of Picture Archiving and Communication Systems (PACS) and Healthcare Content Management in Germany with registered office in Bochum. The IT solutions are used in more than 900 hospitals and over 600 medical practices. In 2020, sales of around 18.5 million euros were achieved. The company has more than 200 employees.

CGM belongs to the group of CompuGroup Medical SE & Co. KGaA, a listed software company with registered office in Koblenz and one of the leading e-health companies worldwide. The company develops and distributes software for physicians, medical practice and hospital teams, pharmacies and laboratories, as well as products for the networking and communication of health data and users. With locations in 18 countries and distribution in 56 countries, the group operates internationally. In 2020, CGM generated revenues of 837 million euros with approximately 8,000 employees. 

Advisors to VISUS Beteiligungsgesellschaft mbH and Grönemeyer Medical GmbH & Co. KG:

PwC Legal (Berlin/Frankfurt/Nuremberg):

Gerhard Wacker and Moritz Gröning (lead), Dr Danielle von Hegel, Thomas Moritz, Stephan Söbbeke, Moritz Westermann (all M&A); Dr Tobias von Tucher, Thomas Urband, Janina Thieme (all IP); Susanne Zühlke, Dr Gerung von Hoff, Malte Sandhove (all antitrust law); Dr Georg Queisner (public procurement law)

PwC Germany (Frankfurt):

Dr Alexander von Friesen (lead), Matthias Altmann, Sebastian Leker (all M&A), Matthias Gross, Martino Buraschi (both Transaction Services), Daniel Windsheimer, Stefanie Tielemann, Saskia Bardens (all Deals Tax)

For further information please contact:

Martin Krause
PwC Communications
Tel.: +49 981 – 16 57
E-Mail

About PwC Legal:

In today’s rapidly evolving marketplace, our clients are increasingly concerned with business collaborations, restructuring, mergers and acquisitions, financing and questions of social responsibility. They need legal security when dealing with such complex issues. That is why we work closely with PwC’s tax, human resources and finance experts and draw on the resources of our legal network in more than 100 countries to deliver comprehensive advice. Whether a global player, a public body or a wealthy individual, each client can rely on a personal account manager to address his or her specific legal needs. This dedication helps us ensure our clients’ long-term business success.

PwC Legal. More than 250 lawyers at 18 locations. Integrated legal advice for the real world.

About PwC:

At PwC, our purpose is to build trust in society and solve important problems. We’re a network of firms in 155 countries with over 284,000 people who are committed to delivering quality in assurance, advisory and tax services. Find out more and tell us what matters to you by visiting us at www.pwc.com.

PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.

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Contributors

Gerhard Wacker

Corporate/M&A

Tel: +49 911 94985-281

Moritz Gröning

Corporate/M&A

Tel: +49 30 2636-3410

Dr Danielle von Hegel

Financial Services

Tel: +49 69 9585-2891

Dr Tobias von Tucher

IP, IT, Commercial

Tel: +49 89 5790 5647

Susanne Zühlke

Antitrust

Tel: +49 30 2636-1707

Dr Gerung von Hoff

Antitrust

Tel: +49 30 2636-2420

Dr Georg Queisner

Procurement Law

Tel: + 49 30 2636-2203