Perpetua acquires the majority in Artemed Pflegezentren
Frankfurt am Main, September 2021. ACXIT Capital Partners acted as the exclusive M&A and financial advisor to the shareholders on the sale of a 82.5% stake in Artemed Pflegezentren (in future branded ArteCare) to Perpetua Holding.
Artemed Pflegezentren is an innovative care service provider for elderly people and people with specific diseases. The company focuses on developing and operating inpatient care homes as well as integrated care and assisted living concepts.
Artemed Pflegezentren was founded in 2007 by its current and future CEO Mr Philipp Hünersdorf and Artemed SE, a privately owned hospital group based in Tutzing (Bavaria). Today, the group operates seven locations in the North and West of Germany that care for more than 750 people daily. Five of these care homes are focused on inpatient care services. Two locations that were opened during the last few months (Millinger Höfe and Harsewinkler Höfe) pursue an integrated care concept that combines different types of care with innovative assisted living models. The core of Artemed Pflegezentren has always been to allow its residents to the greatest extent a self-determined life. The ambition is to realize the highest quality standards and the right balance of individual support for its residents. Artemed SE (a growing operator of acute clinics) initiated the divesture of Artemed Pflegezentren to focus entirely on accelerating growth in its core business.
The fast-growing company plans with revenues above 25 million Euro in 2021. Artemed Pflegezentren is headquartered in Peine (Lower Saxony) and employs about 650 people. Philipp Hünersdorf will remain in his position as important shareholder and CEO.
Henceforth, Perpetua Holding holds a shareholding of 82.5% and will work with the management to accelerate the company’s growth by developing new facilities, expand the service portfolio, and further invest into inorganic growth opportunities.
Philipp Hünersdorf, shareholder and CEO of Artemed Pflegezentren, says: “The Artemed SE and I were looking for the best partner to consequently realize the growth plans of our care home group. For the next years, we are planning to open new locations that are truly based on our modern care concept. For that reason, we just acquired a building plot in Dortmund a couple of days ago. The Perpetua team is the right long-term partner for this strategy. Just like in the past years, our ultimate goal is to offer our residents the highest care quality and support that they would like to have in their daily lives. This can only be achieved if we are also an attractive employer for our employees and if the human-based aspects of our work are at the core of all we do.”
Dr. Gerrit Karalus, Managing Director of Perpetua Holding, adds: “We are excited to welcoming the Artemed Pflegezentren to our portfolio. We are convinced that the company will be a perfect addition for Perpetua Holding. We are looking forward to the partnership with the founder and CEO Philipp Hünersdorf. Besides the long-term stability of the business model, we are convinced by the high care quality and the already implemented growth, focusing on modern concepts of elderly care. In the future, both aspects will remain at the core of the company’s development. Such growth strategies cannot be realized within a short-term horizon. Being a long-term investor, we are convinced to be the right partner for the company that will be named ArteCare from now on.”
The parties have agreed not to disclose the financial terms of the transaction.
Perpetua Holding invests on a long-term basis into solid small and medium sized businesses in Europe. Backed by our international investors with a long-standing history as entrepreneurs, the Berlin based holding company invests up to 100 million Euro annually into a growing portfolio of companies. We ensure professional shareholding and a suitable financing structure to enable companies delivering on thriving strategies.
ACXIT Capital Partners is a leading international corporate finance and financial advisory firm for mid-market clients, and entrepreneurs in Europe and beyond. Since 1998, we offer our clients comprehensive corporate finance advisory services including M&A and capital markets advisory as well as debt and strategic advisory. As an independent, privately owned firm we maintain offices and representations in Frankfurt, Munich, Zurich, Hong Kong and New York as well as strong alliances in the UK and France. Our clients are corporations, family-owned businesses, entrepreneurs, financial sponsors and family offices.
Transaction Team ACXIT Capital Partners
Thomas Klack, Managing Partner
Stefan Hampker, Executive Director
Simon Vorwerk, Analyst
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