Orth Kluth is advising radprax Group on its takeover by the Quartz Healthcare Group
Orth Kluth has provided the shareholders of radprax Holding GmbH & Co. KG, a leading German healthcare group specialising in diagnostic imaging, with legal advice in connection with its takeover by Quartz Healthcare Group sarl, a portfolio company of the investment funds managed by InfraVia Capital Partners.
radprax Holding is registered in Wuppertal and also operates from 13 locations in North Rhine-Westphalia, running medical centres and a hospital. With more than 410,000 patient examinations each year, 130,000 of which are MRI scans, it counts among the largest and most up-to-date medical centres for diagnostic imagery and image-guided therapy in Germany.
The radprax Group medical centres (MVZ) provide services in the specialist fields of radiology, radiation therapy, nuclear medicine, cardiology and interventional radiology, as well as preventative medicine, and care both for outpatients and inpatients of hospitals where they serve as the radiology department. The radprax hospital in Plettenberg adds surgical, gastroenterological and geriatric departments to the medical spectrum in the area. radprax Holding currently employs more than 90 doctors and 950 specialist employees.
Following its takeover of radprax Holding, Quartz Healthcare Group will be one of the largest providers of diagnostic imaging in Germany, with practices at 26 locations and more than 1,200 specialist employees.
Orth Kluth Rechtsanwälte, under the aegis of Dr Marc Henze, has provided the shareholders of radprax Holding with extensive advice concerning the international transaction. The transaction is subject to official approval, which is still pending, and is expected to have been completed in the first quarter of 2023.
The consultant lawyers to the radprax Holding GmbH & Co. KG shareholders
Orth Kluth: Dr Marc Henze (M&A), lead, Dr Christina Cannistra (M&A), Boris Körner (M&A), Esther Herrnstadt (employment law), Beatrice Kemper (employment law), Carolin Bergermann (real estate law)
Finance and taxation: WTG Wirtschaftstreuhand Dr. Grüber PartG mbB
Consultants to Quartz Healthcare Group:
- M&A: Lincoln International
- Finance and taxation: Deloitte
- Law: Seufert Rechtsanwälte