03/07/2006
TVM Changes Name to TVM Capital
BOSTON/MUNICH (March 7, 2006) — TVM, a life sciences and information technology venture capital firm in Europe and the United States, announced today that the firm will change its name to TVM Capital, effective immediately. Founded in 1983 as Techno Venture Management, the name change to TVM Capital enables the firm to marry its brand heritage with its current position as a leading venture capital investor in innovative life sciences and technology companies in both the U.S. and Europe.
“Our rebranding initiative allows us to provide clarity and focus around what we do – namely, provide capital to the most promising emerging companies in U.S. and European technology markets,” said Helmut M. Schühsler, managing partner, TVM Capital. “Quite simply, the name change to TVM Capital formalizes the commonly used acronym we’ve been identified with since our founding days as Techno Venture Management. At the same time, it allows us to leverage the TVM brand which has long stood for innovation, effective management and sound financial backing – and that remains precisely who we are today.”
Established as one of the first venture capital firms in Germany in 1983 and an early entrant to the U.S. venture market in 1986, TVM Capital has raised more than € 1.3 billion since its inception. Over the last two decades, TVM Capital has made investments in over 230 companies throughout Europe and the U.S., with many going public on European or U.S. stock exchanges or sold to strategic acquirers. A major objective of the firm’s investment strategy is to create transnational businesses that enjoy access to science, management talent and capital on both sides of the Atlantic, thereby increasing their opportunity to develop into dominant players in their markets.
To learn more, visit www.tvm-capital.com
Press Contact
Monika Schlesinger
TVM Capital GmbH
Maximilianstr. 35, Eingang C
D- 80539 Munich, Germany
++49 (89) 998 992-0
Nancy Saucier
TVM Capital
101 Arch Street, Suite 1950
Boston, MA 02110, USA
+1 (617) 345 9320
