Frankfurt a. M. — Luxembourg-based Lavorel Medicare S.A. has sold its holding company Lavorel Medicare Deutschland GmbH, owner of the Herford-based Bonitas Group, to a company of Advent International Corporation. A team from Luther Rechtsanwaltsgesellschaft provided comprehensive legal support for the transaction.
The Bonitas Group is one of the largest private nursing services in Germany. The 2018 market leader specializes in the field of critical care and home respiration. The company employs almost 4,500 people and, in addition to providing outpatient care, operates assisted living communities for seniors. Bonitas Holding now operates 50 nursing services, 44 residential groups, 6 assisted living facilities, 2 day care facilities and 1 nursing home.
The Bonitas Group with its more than thirty subsidiaries belonged to the Luxembourg-based Lavorel Group. The latter entrusted the Luther team led by partner Dr. Oliver Kairies with the mandate, which, together with Luther’s Luxembourg office, provided legal advice to the seller during the pre-structuring of the transaction, the implementation of the structured bidding process, the purchase agreement negotiations and the subsequent antitrust proceedings.
Advent International Corporation with its portfolio company Deutsche Fachpflege-Gruppe finally prevailed as the bidder.
For Lavorel Medicare S.A.: Luther
Corporate / M&A: Dr. Oliver Kairies (lead), Dr. Thomas Halberkamp, Dr. Thomas Kuhnle, Jens Röhrbein, Dr. Sebastian Rabe, Dr. Daniel Schubmann, Dr. Karina Wojtowicz, Stefan Tolksdorf
Luther, Medical Law / Regulatory: Dr. Hendrik Sehy, Frances Wolf
Luther, Real Estate: Achim Meier, Katharina von Hermanni, Irene Nezer-Kasch, Christiane Struppek
Luther, Commercial: Jens-Uwe Heuer-James, Dr. Kuuya Chibanguza
Luther, IP / IT: Dr. Kay Oelschlägel, Dr. Christian Rabe
Luther, Labor Law: Prof. Dr. Robert von Steinau-Steinrück, Dr. Hilmar Rölz
Luther, Antitrust Law: Dr. Helmut Janssen, LL.M.
Luther Luxembourg: Eric Sublon, Marie Sinniger, Michaela Ludowicy