Bertelsmann Investments acquires pharma tech company EXTEDO with Taylor Wessing

Bertelsmann Investments acquires the pharmaceutical technology company EXTEDO for a double-digit million amount. A Taylor Wessing team led by the two partners Dr Gregor Schmid (Berlin) and Dr Niclas von Woedtke (Hamburg) advised Bertelsmann Investments on all legal issues in connection with the acquisition.

Bertelsmann Investments is the investment arm of Bertelsmann and has invested around €1.7 billion in over 400 innovative companies and funds to date. The venture capital company currently holds shares in more than 360 innovative companies and funds, particularly in the fields of education, digital media, fintech, e-commerce and adtech. The acquisition of EXTEDO expands Bertelsmann Investments' portfolio of companies with the aim of strategically expanding its position in the European growth market of pharma tech through synergies with existing portfolio companies. As a leading provider of software solutions and services in the field of regulatory information, EXTEDO brings extensive expertise to the table, which both industry customers and public authorities can draw on.

EXTEDO's customers include around 1,000 pharmaceutical companies and public institutions in more than 65 countries, including 35 regulatory authorities, which use the pharma tech service provider's solutions to optimise their regulatory business processes in the areas of document management, product registration, approval management and drug safety.

Legal advisors Bertelsmann Investments
Taylor Wessing Germany: Jointly led by Dr Gregor Schmid (Partner, IP / IT / Data Law, Berlin) and Dr Niclas von Woedtke (Salary Partner, Corporate/M&A, Hamburg); Dr Jens Wolf (Partner), Philipp Hoegl (Salary Partner), Philipp Bergjans (Associate), all M&A/Venture Capital, all Hamburg; Dr Stefanie Greifeneder (Partner), Dr Andrea Sautter (Salary Partner), Sherin Sayed (Associate), all Patents Technology & Life Sciences, all Munich; Nico Jänicke (Partner), Jan-Mathias Pfleging (Senior Associate), Alois Lobkowicz (Associate), all Employment, Pensions & Mobility, all Berlin; Thanos Rammos (Partner), Hazal Viola Koepp-Strand (Associate), Dr. Eva Surowiecki, LL.B. (Associate), all IP/IT and Data Law, all Berlin

In-house Bertelsmann Investments: Dr Martin Dannhoff (lead)
Legal advisor to the seller: Dornbach RAe