Taylor Wessing advises Ortivity on capital investment by Unigestion

Taylor Wessing has advised Ortivity GmbH (Ortivity), a leading German platform for outpatient orthopaedic care, on a capital investment by Unigestion.

As part of the transaction, certain existing Ortivity shareholders will partially exit. At the same time, Unigestion – a leading private equity firm focused on mid-market investments – as well as selected new Apheon investors are joining Ortivity as shareholders. This strengthens Apheon’s overall exposure to the company: Apheon remains lead investor, while Unigestion, through its private equity funds, acquires a significant minority stake via an approximately EUR 200 million capital injection.

The transaction is designed to continue Ortivity’s strong growth path, in particular through the expansion of its integrated, physician-led care model and the further roll-out of existing and new regional clusters.

Founded in 2022 by leading physicians together with Apheon, Ortivity has, within just four years, developed into Germany’s leading outpatient orthopaedic group. With more than 100 sites across three regional clusters, the company offers the full spectrum of orthopaedic services – from diagnostics and anaesthesia through surgery to prevention and aftercare. A key success factor is the physician partnership model and a strong focus on clinical excellence. Around 50 per cent of the group is owned by physicians.

With the targeted capital increase and the addition of Unigestion as a new partner, Ortivity has laid the foundation for its next growth phase and for further advancing the modernisation of outpatient orthopaedic care in Germany.

Ortivity was advised by an interdisciplinary team from the Corporate/M&A and Healthcare Regulatory practice groups. The lead partners were Dr Oliver Kirschner, Dr Oliver Klöck, Xiaowen Paulus-Ye and Dr Amir-Said Ghassabeh. With its strong expertise in the life sciences & healthcare and private equity sectors, Taylor Wessing regularly advises on complex transactions and strategic growth initiatives in the field of innovative, digital and medical business models.

Legal advisors to Ortivity GmbH

Taylor Wessing Germany: Joint lead Dr Oliver Kirschner (Partner, Corporate/M&A, Hamburg), Xiaowen Paulus-Ye (Partner, Corporate/M&A, Hamburg), Dr Oliver Klöck (Partner, Healthcare Regulatory, Düsseldorf), Dr Amir-Said Ghassabeh (Partner, Corporate/M&A, Hamburg); Juliane Dost (Salary Partner), Ina Schmidbauer (Salary Partner), Miriam Tigges (Associate), Dr. Lisa Rottmann (Associate), Dr Martin Jäger (Associate), all Healthcare Regulatory, Düsseldorf; Philipp Köppen (Salary Partner, Hamburg), Alisa Mathes-Salathe (Senior Associate, Frankfurt), Dr Daniel Werner (Senior Associate, Hamburg), Ercan Cömert (Associate, Frankfurt), Steffen Brohm (Professional Support Lawyer, Hamburg), all Corporate/M&A; Sven Kahlert (Salary Partner), Nikoloz Alikhanashvili (Senior Associate), Nikolaus Vaerst (Salary Partner), Christoph Scheibner (Professional Support Lawyer) all Real Estate, Hamburg