Heuking Advises Private Equity Investor AUCTUS to its Investment in Nursing Home Operator Mirabelle Holding
November, 2020 - Germany
A team led by Boris Dürr, Partner at Heuking Kühn Lüer Wojtek, advised private equity investor AUCTUS on taking out a majority stake in Berlin-based Mirabelle Holding GmbH. AUCTUS had founded Mirabelle Holding GmbH jointly with two co-investors with sector experience to establish a supra-regional nursing home group. In the course of the investment, Mirabelle Holding GmbH concluded contracts for six new nursing homes in Magdeburg, Bad Harzburg, Meiningen, Kassel, Eisenach, and Leuna. The newly built nursing homes are scheduled to open in the next two and a half years, with the first one in Magdeburg at the beginning of 2021.
AUCTUS Capital Partners AG is an investment company based in Munich. With a managed fund capital in excess of EUR 500 million and a total of over 200 company investments since 2001, AUCTUS is one of Germany’s leading investors in the small and mid-cap sector. AUCTUS currently holds 30 platform investments in various industries.
In the past, AUCTUS has already implemented several highly successful buy-and-build concepts in the healthcare sector, one of its main focus segments. In 2007, AUCTUS already invested in PROCON Seniorenzentren, a group of nursing homes with a regional focus on Central Germany, in the inpatient care segment. Via new openings and additional acquisitions, its number of initially 900 beds grew to about 2,500 beds during the investment period.
The team led by Private Equity expert Dürr regularly advises AUCTUS, most recently on the sale of medaktiv group to Celenus SE, a member of Orpea group, and on the acquisition of Rilano Group by GS Star Hotels, an AUCTUS portfolio company. AUCTUS was also advised by Boris Dürr and his team on the acquisition and expansion of PROCON group and its sale to Alloheim group.
Counsel to AUCTUS Capital Partners AG
Heuking Kühn Lüer Wojtek:
Boris Dürr (Private Equity, Lead),
Marcel Greubel (Corporate/M&A),
Peter M. Schäffler (Tax),
Christian Schild, LL.M. (Corporate/M&A), all Munich
Dr. Guido Hoffmann, LL.M. (Cornell University) (Finance), Düsseldorf
Steffen Wilberg (Real Estate),
Dr. Ralf Nobis (Corporate/M&A),
Nicole Lazar (Employment), all Munich
