Deal Announcement 08/21: Healthcare

The Deal

The German PwC M&A team is pleased to announce the successful Closing of the acquisition of Meine Radiologie Holding GmbH (“Meine Radiologie Holding”) by EQT Infrastructure (“EQT”). Based on its profound sector expertise PwC was able to provide EQT with strategic M&A advisory services on this transaction including a detailed analysis of potential addon opportunities.

EQT plans to combine Meine Radiologie Holding and Blikk Holding after the closing of both transactions to form the largest radiology and radiotherapy platform in Germany.

The share purchase agreement was signed in July 2021 and the transaction was closed on 31 August 2021.

Meine Radiologie Holding

Meine Radiologie Holding is one of the leading providers of (outpatient) imaging/ radiology services in Germany. Founded in 2017 and headquartered in Frankfurt am Main, the company currently operates over 35 practices across several German cities with approx. 600 employees.

EQT

EQT is a purpose-driven global investment organization with more than EUR 67 billion in assets under management across 26 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and the Americas with total sales of approximately EUR 29 billion and more than 175,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership. 

Triton Partners

Triton is an investment firm that invests primarily in German-speaking countries, the Nordic countries, the Benelux region, France, Italy, Spain and the United Kingdom. The 49 companies currently in Triton's portfolio have combined sales of around EUR 18 billion and employ around 104,000 employees.

PwC

The global PricewaterhouseCoopers network is a worldwide association of independent auditing and consulting companies which together employ more than 280,000 people in 157 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 M&A advisor to EQT Infrastructure on this transaction. The transaction was led by Alexander von Friesen (Partner) and supported by Matthias Altmann (Senior Associate), Sebastian Leker (Associate), and Jannik Alt (Associate).