PwC acted as exclusive financial advisor to the private shareholders on the sale of Tiplu GmbH, a leading software company, providing data-driven, AI-powered solutions for medical coding and data processing, to LOGEX Healthcare Analytics AG, a portfolio company of Thoma Bravo

The Deal

The PwC M&A team is pleased to announce the successful sale of Tiplu GmbH (“Tiplu”) to LOGEX Healthcare Analytics AG (“LOGEX”). Tiplu is a leading provider of data-driven, AI-powered solutions for hospitals helping to make health data usable in a structured way. Tiplu’s structured patient record creates an interoperable data foundation across three core impact areas: management, clinical support, and financial performance. 

Together with Tiplu, LOGEX will establish a comprehensive foundation for data-driven decision-making at all levels of hospital operations. Going forward, the two companies will jointly position themselves as an integrated partner for holistic hospital management, uniting revenue assurance, cost analysis, and clinical decision support on a shared data foundation.

The share purchase agreement was signed in June 2026 and the transaction closed in September 2026.

Tiplu

Tiplu is a software company based in Hamburg and Berlin that has been developing data-driven, AI-powered solutions for hospitals since 2016. Its portfolio spans medical coding (medical service monetization), data interoperability, and clinical decision support, turning data into actionable insights that improve care, processes, and operational management. More than 350 hospitals in Germany use Tiplu’s software. Since 2019, Tiplu has been actively advancing the production deployment of AI.  To this end, its AI models are built on one of the largest structured, representative datasets in the inpatient sector, comprising over 10 million anonymized patient records from around 130 partner hospitals.

LOGEX

LOGEX, a portfolio company of Thoma Bravo, is a leading provider of data-driven analytics in healthcare. Its solutions deliver robust insights to decision-makers, enabling them to confidently navigate the complex trade-offs between financial sustainability, access, and high-quality care. To this end, LOGEX provides the Healthcare Intelligence Platform, an integrated solution for strategic enterprise management as well as financial and clinical performance management.

Headquartered in Amsterdam and supported by an international team of around 400 employees, LOGEX helps more than 1,000 healthcare organizations in 10 European countries make sound decisions based on high-quality data.

PwC

The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ nearly 365,000 people in 136 countries. Our global network comprises over 2,200 M&A professionals all over the world, realising approx. 400 successful transactions per year. We specialise in a wide range of independent M&A services including advice on acquisitions and disposals, mergers, public takeovers, privatisations as well as structured financing.

PwC M&A Germany acted as exclusive financial advisor to the private shareholders of Tiplu on this transaction. The PwC M&A team comprised Alexander von Friesen (Partner), Moritz Büttner (Senior Manager), Julian Fischer (Manager) and Jonah Doerper-Reckeweg (Associate).