16 September 2019
Oberberg Group has acquired the owner-managed Panorama Fachkliniken in Scheidegg im Allgäu. As a result of the acquisition, the Berlin-based company's nationwide network will in future be made up of thirteen facilities, making it the leading quality association of private clinics in the field of psychiatry, psychotherapy and psychosomatics in the German-speaking countries.
The international law firm Taylor Wessing provided comprehensive legal advice on the transaction to Oberberg Group with a team led by Frankfurt based Partner Michael Stein. Taylor Wessing had already advised the private equity firm Trilantic Europe in 2017 when it acquired Oberberg Group. The mandate underlines once more the successful profile-raising of the M&A practice in Healthcare M&A as the result of a long-term strategy.
Ilmarin Schietzel, CFO/COO of Oberberg Group: “The transaction placed very high demands on structuring at the interface of corporate law, regulation and financing. Taylor Wessing's team-oriented and integrated approach to advice, especially in very time-critical situations, has helped us to successfully master the structural challenges.”
Panorama Fachkliniken in Scheidegg im Allgäu operate an acute care hospital for psychosomatics, psychotherapy and naturopathy as well as a private clinic specialising in psychosomatics, psychotherapy and naturopathy. In the clinics, adults are treated in open, individual and intensive therapy settings.
Based in Berlin, Germany, the Oberberg Group is a group of clinics founded more than 30 years ago that now comprises thirteen clinics (including the acquisitions mentioned above) in the fields of psychiatry, psychotherapy and psychosomatics at eleven locations in Germany. The Group offers a unique therapy concept based on individual and intensive treatment as well as innovative treatment methods. Oberberg employs experienced physicians with special expertise in their fields. In addition, the quality of treatment is ensured by a high ratio of therapists in relation to patients.
Trilantic Europe is a private equity firm focusing on co-control and majority shareholdings in leading mid-market companies in Western Europe. Trilantic Europe currently manages two institutional private equity funds with a total volume of € 1.5 billion. In addition to the healthcare sector, Trilantic Europe is active in other areas such as consumer and leisure, industrials, TMT and business services.
Legal Advisors to Oberberg GmbH
Taylor Wessing: Michael Stein (Lead Partner, Private Equity/M&A, Frankfurt), Dr. Oliver Kirschner (Partner, M&A, Hamburg), Christopher Peine (Senior Associate, M&A, Frankfurt), Kian Böhmer (Associate, M&A, Frankfurt), Dr. Graf Rembert T. Kerssenbrock (Associate, M&A, Hamburg), Dr. Oliver Klöck (Partner, Regulatory, Düsseldorf), Dr. Vanessa Vollmar (Salary Partner, Regulatory, Düsseldorf), Karolina Lange (Salary Partner, Regulatory, Düsseldorf), Dr. Marco Hartmann-Rüppel (Partner, Cartel Law, Hamburg), Ulf Gosejacob (Lead Advisor Finance, Salary Partner, Frankfurt), Dr. Michael Beyer (Senior Associate, Finance, Frankfurt), Lucas Merschmöller (Associate, Finance, Frankfurt), Dr. Martin Bartlik (Partner, Real Estate, Frankfurt), Dr. Lars Hagen (Senior Associate, Real Estate, Frankfurt), Dieter Lang (Partner, Environmental / Planning, Hamburg), Lars Borchardt (Associate, Environmental / Planning, Hamburg), Jonas Warnken (Salary Partner, Employment Law, Hamburg), Nikolai Voß (Senior Associate, IP, Frankfurt), Nathalie Sigmund (Associate, IT, Berlin), Johannes Citlau (Associate, Commercial, Frankfurt), Dr. Gunbritt Kammerer-Galahn (Partner, Insurance, Düsseldorf)