Vitanas

Sep 6, 2017

Hengeler Mueller advises funds managed by Oaktree Capital Management, L.P. (“Oaktree”) on acquisition of nursing home operator Vitanas/Pflegen & Wohnen Oaktree has acquired the nursing home operator Vitanas/Pflegen & Wohnen („Vitanas“) from the Burkart family and the Andreas-Franke-Group. Vitanas is the sixth-largest private operator of nursing homes in Germany with 58 homes, approx. 8,300 nursing places and more than 6,200 employees. The group is offering the full spectrum of nursing services. Vitanas generated revenues of approximately EUR 350 million in the financial year 2016. Oaktree is a leader among global investment managers specializing in alternative investments and is headquartered in Los Angeles/USA. Hengeler Mueller has advised Oaktree on this transaction comprehensively. The Hengeler Mueller team was led by partners Annika Clauss (Picture) and Peter Weyland (both Corporate/M&A) and included Thomas Müller (Real Estate), Christian Schmies (Regulatory), Christian Hoefs (Labour) (all Frankfurt), Wolfgang Spoerr (Social Law), Jan Bonhage (Public Law) (both Berlin), Alf-Hendrik Bischke (Antitrust, Düsseldorf) as well as associates Clemens Höhn, Radmila Petrovic, Johannes Baumann, Loretta Lang, Dominik Heß, Arvid Morawe, Christian Schmalenbach, Annette Petow (all Corporate/M&A), Sonnhild Draack (Labour Law) (all Frankfurt), Karolin Hiller (Social Law), Erasmus Hoffmann, Maren Klinsing (both Public Law), Jan Krusche (IT/IP) (all Berlin), Marco Brand, (Regulatory, Frankfurt), Annika Vieker (Antitrust, Düsseldorf) and Lars Voigt (Real Estate, Frankfurt). CMS Hasche Sigle advised Oaktree with Markus Pfaff, Jörg Baumgartner, Sebastian Bergenthal and Sarah Winter (Banking & Finance). Schrade & Partner advised Vitanas with Hans-Joachim König, Tilman Schierig, Thomas Giering and Sarah Schöbel. Alley & Overy advised Pflegen & Wohnen Hamburg with Hans Schoneweg, Murad Daghles (Corporate/M&A), Börries Ahrens (Antitrust), Heike Weber (Tax), Olaf Otting (Public Law), Marc Ponchione, Bill Satchell (Banking & Finance), Rüdiger Klüber, Marie-Luise von Buchwaldt (Corporate/M&A), Christian Hilmes (Real Estate), Daniel Schulz, Juliane Dieckmann-Keden, Patrick Buse, Christian Lismann (Corporate/M&A), Susanne Beckhaus (Banking & Finance), Roman Kasten (Private Equity), Martin Schmidt (Capital Market), Peter Seidel (Tax), Andreas Ziegler (Public Law), Heiner Mecklenburg (Antitrust), Dr. Linda Wittor (Public Law) and Riccardo Marinello (Real Estate). FPS Fritze Wicke Seelig advised Vitanas and Pflegen & Wohnen Hamburg with Georg Freiherr von und zu Franckenstein (Banking), Patrick Tuschl (Real Estate – Healt Care) Clifford Chance advised DZ Bank and IKB – financing the deal – with Thomas Weitkamp (Banking & Finance), Kerstin Kopp (Corporate/Private Equity), Thorsten Sauerhering (Tax), Adéla Hardmeyer, Alexander Lang (Banking & Finance) and Maria-Franziska Röntsch (Corporate/Private Equity; Frankfurt)