BRANDL TALOS advises lead investors Quadrille and Insight Partners on PlanRadar’s USD 69m Series B Financing Round

Press release • Corporate Law & Transactions from Roman Rericha, Stephan Strass, Adrian Zuschmann

PlanRadar, Europe's leading digital field management platform for construction and real estate projects, has completed a USD 69 million financing round co-led by Insight Partners and Quadrille Capital. A BRANDL TALOS-deal team led by Roman Rericha and Stephan Strass advised the lead investors Quadrille Capital and – alongside Willkie Farr & Gallagher – Insight Partners as well as Cavalry Ventures on this financing round, being the third-largest Series B round and the largest-ever for a B2B company in Austria so far.

Since launching in Austria in 2013, PlanRadar has swiftly established itself as Europe’s leading PropTech solution, with a full-service construction and real estate management platform. The new funding will support PlanRadar on its international expansion and technological development. New offices are set to open in the United States, Australia, the Gulf Cooperation Council (GCC), Southeast Asia, and Latin America. The company also envisages boosting R&D investment, creating a new tech hub and a dedicated product innovation team to bring sector-defining new technologies to its SaaS platform.

» We greatly appreciated Roman and Stephan’s proactiveness and advice to support us throughout this transaction. We are excited to be a part of the dynamic Austrian Tech ecosystem «

Romain Stokes, Quadrille Capital

The BRANDL TALOS-deal team was led by Roman Rericha and Stephan Strass and further consisted of Elena Ciresa and Adrian Zuschmann. Insight Partners was also advised by Willkie Farr & Gallagher (Stephanie Moran). PlanRadar was advised by Matthias Pusch (Grohs Hofer).

The team

Roman Rericha

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Partner / Fund Formation, Venture Capital & Start Ups, Corporate Law & Transactions

Roman represents clients in complex cross-border M&A and private equity transactions. Austrian and international venture capital funds regularly turn to him for assisting with investments in Austria. His expert advice also guides start-ups through large-scale financing rounds.

University of Vienna, Faculty of Law (Mag. iur. 2005),
Faculty of Business, Economics and Statistics, (Mag. rer.soc.oec. 2007)

Stephan Strass

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Partner / Venture Capital & Start Ups, Corporate Law & Transactions, BioTech & Lifescience

Stephan advises innovative start-ups, institutional and strategic investors and other companies on acquisitions, financing rounds, joint ventures and exit transactions with a focus on highly regulated industries such as life sciences, biotech and leisure & entertainment. He further specializes in commercial transactions in the life science and biotech sector, including university spin-offs, strategic collaborations, patent and technology license agreements and IP purchase transactions.

He has co-authored commentaries on the EU Merger Act and the Investment Fund Act, and is the author of many academic publications.

University of Vienna, Faculty of Law (Mag. iur. 2015)
Harvard Law School, Master of Laws (LL.M. 2019)

Adrian Zuschmann

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Attorney at Law / Corporate Law & Transactions, Venture Capital & Start Ups, Fund Formation

Adrian advises and represents Austrian and international institutional and strategic investors, founders and (start-up) companies in the context of financing rounds, M&A, investments in portfolio companies and exit transactions.

A second focus is advising Austrian fund initiatives on the formation and structuring of funds as well as in connection with their ongoing operational matters.

Queen Mary University of London (MSc Law & Finance 2020)
University of Vienna, Faculty of Law (Magister iuris 2015)

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