Deal Announcement 06/17: Healthcare

The Deal

The German PwC M&A Team was mandated by Ostermann Pott & Cie. Healthcare Advisors GmbH & Co. KG (“Ostermann Pott & Cie.”) as exclusive advisor to sell all shares in Frankenpark Klinik and Rehazentrum Wilhelmshaven – Klinik am Park in a structured process to a strategic partner. Ostermann Pott & Cie. ultimately decided to sell 100% of Frankenpark Klinik and Rehazentrum Wilhelmshaven – Klinik am Park to MEDIAN Unternehmensgruppe B.V. & Co. KG. (“MEDIAN Unternehmensgruppe”).

Ostermann Pott & Cie.

Ostermann Pott & Cie. is a consulting company focused on the Healthcare sector. In addition, Ostermann Pott & Cie. own and operate a group of rehabilitation hospitals.

Frankenpark Klinik and Rehazentrum Wilhelmshaven – Klinik am Park

Frankenpark Klinik is located in Bad Kissingen, Bavaria (Germany) and is specialized in orthopaedics and geriatrics. The hospital employs 146 people and operates 194 beds.

Rehazentrum Wilhelmshaven – Klinik am Park is a hospital with focus on orthopedics and neurology and is located in Wilhelmshaven, Lower Saxony (Germany). The hospital has approximately 182 employees and operates 220 beds.

MEDIAN Unternehmensgruppe

MEDIAN Unternehmensgruppe is the biggest private operator of rehabilitation facilities in Germany operating 18,000 beds in 14 federal states. MEDIAN Unternehmensgruppe is headquarted in Berlin and has approximately 15,000 employees taking care of more than 225,000 patients and residents per year. Medical focus areas are neurology, orthopedics, psychosomatics/psychiatry, cardiology, children’s rehabilitation as well as addiction and sociotherapy. MEDIAN Unternehmensgruppe is a portfolio company of Waterland Private Equity.

PwC

The global PwC network is a worldwide association of independent auditing and consulting companies which together employ more than 220,000 employees in 157 countries. Our global network comprises nearly 2,550 M&A professionals all over the world, realizing approx. 400 successful transactions per year. We specialize in a wide range of independent M&A services including advice on acquisitions and disposals, mergers, public takeovers, privatizations as well as structured financing.

The PwC M&A team in Germany acted as exclusive financial adviser to Ostermann Pott & Cie.

The PwC deal team was led by Alexander von Friesen (Partner).