Deal Announcement 07/21: Healthcare
PwC acted as exclusive financial advisor to the private shareholders of “Gemeinschaftspraxis Königsallee – Zentrum für molekulare Orthopädie” on the sale of their shares to Kinios GmbH, a portfolio company of Triton
The Deal
The PwC M&A team is pleased to announce the successful sale of Gemeinschaftspraxis Königsallee – Zentrum für molekulare Orthopädie (“Gemeinschaftspraxis Königsallee”) to Kinios GmbH (“Kinios”), a portfolio company of Triton Partners (“Triton”). PwC M&A acted as exclusive financial advisor together with PwC Legal to the private shareholders of Gemeinschaftspraxis Königsallee, Düsseldorf, a renowned practice for orthopaedics and neurosurgery.
The purchase agreement was signed in March and closed in July 2021.
Gemeinschaftspraxis Königsallee
Gemeinschaftspraxis Königsallee has an extremely renowned, highly specialized and internationally qualified team of doctors with strong medical competencies in all matters relating to the musculoskeletal system, joints and spine. The practice is internationally known for the application of state-of-the-art procedures and treatments in the field of molecular orthopaedics. The team of doctors includes more than ten experts in the fields of orthopaedics, neurosurgery, radiology and pain therapy.
KINIOS
Kinios is one of the leading providers for orthopaedics and adjacent areas such as (neuro)-surgery in Germany. The platform was founded in 2021 and is headquartered in Frankfurt.
Triton
Since its establishment in 1997, Triton has sponsored ten funds, focusing on businesses in the industrial & technology, services, consumer and health sectors. The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe. Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvement and growth. The 48 companies currently in Triton's portfolio have combined sales of around €17.7 billion and employ around some 100,800 employees.
PwC
The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ more than 295,000 people in 156 countries. Our global network comprises over 1,600 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 on this transaction. The transaction was led by Alexander von Friesen (Partner) and supported by Manuel Nowotny (Senior Associate).
PwC Legal Germany acted as exclusive financial advisor to the private shareholders on this transaction. The transaction was led by Sebastian Babbe (Director) and supported by Dr. Jörg Hübner (Manager).
