05 Nov 2025

"Baker Tilly Supports Rohde & Schwarz in Strategic Acquisition of Munich Innovation Labs to Enhance Data Analytics and OSINT Capabilities"

"Baker Tilly supported Rohde & Schwarz in acquiring Munich Innovation Labs, a software specialist, to strengthen its services in data analytics and open source intelligence (OSINT). The acquisition aligns with Rohde & Schwarz's strategic focus on data-based security solutions and expands its portfolio in OSINT technology. Baker Tilly provided financial and tax due diligence, as well as contract advisory services. The founders of Munich Innovation Labs will remain in management roles."

Baker Tilly, an international consulting and auditing firm, provided comprehensive support to Rohde & Schwarz in its acquisition of Munich Innovation Labs, a software specialist. Baker Tilly assisted Rohde & Schwarz in financial due diligence, tax due diligence, and provided tax and financial advice on contract drafting. The transaction involved Rohde & Schwarz acquiring Munich Innovation Labs to strengthen its services in data analytics and open source intelligence (OSINT). This strategic move allows Rohde & Schwarz to expand its portfolio in OSINT technology, better serve existing market segments, and explore new business opportunities. The founders of Munich Innovation Labs, Stefan Taing and Jens Elsner, will remain in management positions for the long term. The Baker Tilly team advising Rohde & Schwarz included: - **Financial Advisors**: - Frank Stahl (WP, StB) - Felix Burghart - Julian Mair (MSc) - **Tax Advisors**: - Uwe Roth (Tax Advisor) - Stefan Lehner (Tax Advisor) - Melina Heindl (Tax Advisor)
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