MK-Kliniken AG sells 46 nursing homes: GvW advises nursing home operator on real estate carve-out
MK-Kliniken AG has sold the operating companies for 46 nursing homes to the private equity company Chequers Capital. GvW advised the nursing home operator on the property law carve-out.
The buyer is the French investor Checquers Capital, a private equity company specialising in the acquisition and development of medium-sized companies. The nursing homes sold are located throughout Germany in twelve federal states. Around 3,200 employees provide inpatient healthcare, in particular care for dementia, stroke and amnesia patients.
With 55 care facilities, four residential complexes for assisted living and around 4,850 employees, MK-Kliniken AG was previously one of the market leaders in inpatient healthcare in Germany. Following the sale of a large part of its nursing homes, the long-standing GvW client will focus on other areas in the future, including healthcare.
GvW advised MK-Kliniken AG through a Hamburg team consisting of Dr Carsten Bittner (administrative law) and Wolfram Müller (real estate law).
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