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Roach & Stolz advises Doughty Hanson in Finance Round of SoundCloud

05-15-2009 08:05 PM CET | IT, New Media & Software

Press release from: Roach & Stolz Software GmbH

Monday, April 20, 2009 - Roach & Stolz, the Munich based IT Due Diligence experts, advises Doughty Hanson & Co. Technology Ventures in its €2.5 investment in SoundCloud Ltd, the internet audio platform which enables music professionals to send, receive and distribute music.

About Roach & Stolz:

Roach & Stolz Software GmbH based in Munich, is a provider of IT Due Diligence services for mergers and acquisitions, joint ventures and private equity investments.

With well over 20 years of experience in software productization, IT infrastructure and telecommunications, Roach & Stolz has advised on numerous mergers and acquisitions. In doing so, the firm, which is greatly valued by its clients for its focus and professional approach, has developed its own best practice methodologies for conducting the IT Due Diligence process.

These days IT Due Diligence services are not only used for transactions involving technology based companies, but also for those involving traditional "bricks-and-mortar" industries which have become increasingly dependent on IT to conduct their business.

For references, brochures and company presentations please go to: http://www.roach-stolz.com

About Doughty Hanson Technology Ventures:

Doughty Hanson Technology Ventures aims to help talented entrepreneurs in Europe to build world-class technology companies.

Founded in 2000, Doughty Hanson Technology Ventures is an early-stage, venture capital fund with $272 million under management. Operating from London, Munich, and San Francisco, the Fund is independently managed by a dedicated team of professionals with substantial personal experience in the technology and financial sectors. The fund focuses on emerging technology sectors in the areas of software, hardware, the internet and clean technologies.

Having established a long track record of successful venture capital investments in Europe and the United States, the team relies on its experience, personal networks and the resources of Doughty Hanson & Co, one of Europe's largest independent private equity firms, to help identify and grow investment opportunities.

About SoundCloud Limited:

SoundCloud is a Berlin-based startup that allows users to move music fast and easily via the web. The platform removes the issues associated with receiving, sending and distributing music for artists, record labels and other music professionals by moving music via the Internet. SoundCloud is free to use and has no restrictions on file size but allows users to access additional, paid for features such as detailed usage statistics and customizable DropBoxes by upgrading to a Pro account.

Contact Information:

Roach & Stolz Software GmbH,
Obermaierstrasse 2, Altstadt-Lehel,
80538 Munich
Germany

Tel: +49.89.2020.888.0
Fax: +49.89.6600.291.7
Email: info@roach-stolz.com

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