Bird & Bird LLP has advised German company Radiomed-Service für radiologische Großpraxen GmbH, based in Leverkusen, in its successful bid for and acquisition of all shares in iSOFT Health GmbH from Computer Sciences Corporation (CSC) Group.
The product portfolio of iSOFT Health GmbH, which develops, implements and maintains Healthcare-IT solutions for the German Healthcare market, includes hospital, radiology and laboratory IT solutions and systems as well as e-health solutions for the networking of healthcare providers. The parties agreed to keep the purchase price confidential.
The acquisition process was organised in the form of a structured auction process involving several well-known domestic and international investors.
Frankfurt-based Counsel Dr. Kai Kerger
(Corporate/M&A) headed the transaction and commented: "In advising Radiomed in this deal, we proved once again our extraordinarily strong firm-wide sector expertise when advising clients on Corporate transactions in the IT sector - a convincing differentiator of our firm from our competitors.
Radiomed renders services for radiology-diagnostic institutions and holds as strategic investor participations in various entities in the healthcare sector. CSC is a global leader of next-generation information technology (IT) services and solutions and, with more than 80,000 employees worldwide, a global powerhouse in business and technology transformation.
Advisors for Radiomed-Service für radiologische Großpraxen GmbH – Bird & Bird LLP:
Counsel Dr. Kai Kerger (Corporate/M&A/Lead), Partner Dr. Hans-Peter Leube, LL.M. (Corporate/M&A), Partner Jörg-Alexander Paul (IT), Counsel Oliver Zöll and Associate Martin Tschäge, LL.M. (Employment), Partner Prof. Dr. Patrick Sinewe, Associates Dr. Henning Frase, Alexander Bellheim and Marcel Jundt (Tax), Associate Frederik Born, LL.M. (Commercial), Partner Dr. Dirk Barcaba und Associate Elie Kaufman, LL.M. (Restructuring), Partner Dr. Jörg Witting and Counsel Dr. Martin Jäger (Competition) as well as Partner Dr. Matthias Winter (Finance).
Advisors for CSC – GREENFORT Partnerschaft von Rechtsanwälten mbH:
Partner Andreas von Oppen L.L.M. (Corporate/M&A/Lead), Associates Dr. Markus Käppler (Corporate/M&A) and Dr. Marcus Pichler (Corporate/M&A), Partner Dr. Jens-Wilhelm Oberwinter L.L.M. (Employment), Associate Daniela A. Hangarter L.L.M. (Employment) and Counsel Dr. Tim H. Sperling (IT/IP).