Siena Imaging Acquires Swiss Innovator Miac
Funding | Jan 22, 2025 | Legal Community Italy
In a strategic acquisition, Siena Imaging, an Italian company specializing in bio-medical imaging, has acquired Miac, a Swiss company focused on developing innovative solutions in clinical imaging. PwC TLS, a renowned law and consultancy firm, provided extensive legal and financial advice to Siena Imaging throughout the transaction. The team was led by partner Alvise Becker and included experts in contractual, corporate, Swiss law, and labor law aspects, as well as tax matters. Miac, which has ties to the University of Basel, will now operate under Siena Imaging's umbrella, expanding Siena's footprint in the clinical imaging sector. The transactional legal requirements for the sellers were managed by Burckhardt, a Swiss legal firm.
Sectors
- Bio-Medical Imaging
- Legal Advisory
Geography
- Italy – Siena Imaging, the acquiring company, is based in Italy.
- Switzerland – Miac, the acquired company, is based in Switzerland.
Industry
- Bio-Medical Imaging – The acquisition involves companies operating in the bio-medical imaging sector, focusing on advanced imaging solutions for clinical applications.
- Legal Advisory – PwC TLS and Burckhardt provided legal advisory services for the acquisition transaction.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Siena Imaging | Acquiring Company | Company | An Italian company focusing on bio-medical imaging. |
| Miac | Target Company | Company | A Swiss company developing innovative clinical imaging solutions, affiliated with the University of Basel. |
| PwC TLS | Legal Advisor to Acquirer | Company | Provided legal and financial advisory services to Siena Imaging for the acquisition. |
| Burckhardt | Legal Advisor to Sellers | Company | A Swiss law firm that assisted the selling shareholders of Miac. |
| University of Basel | Affiliated Institution | Institution | A Swiss university associated with Miac. |
| Alvise Becker | Partner/Coordinator | Person | Partner at PwC TLS, coordinated the advisory team for Siena Imaging. |