December.22.2016
Luxempart, an investor listed on the Luxembourg Stock Exchange, and the shareholders of RIMED AG, headquartered in Switzerland, agreed on a growth capital investment.
RIMED is the leading private provider of medial radiology services in Switzerland with radiologic centers in Zurich Altstetten, Zurich Bellevue, Winterthur, Bellinzona, Schwyz and Cham and several partnerships with other hospitals and private clinics in Switzerland. RIMED's range of services includes the fields of MRI and CT scans, digital radiography, ultrasound, interventional radiology, pain therapy, as well as digital mammography.
"We are very pleased with our investment in RIMED," said Jacquot Schwertzer, member of the board of Luxempart S.A., "RIMED already achieved a leading position in the Swiss market. We see a great potential in RIMED and their great management team, physicians with excellent professional knowledge, and motivated employees. Our investment is perfectly fits our strategy to invest in companies with an excellent positioning in future markets such as healthcare and to help them as a long-term partner to grow. Against this background, we already invested earlier this year in Deutsche Fachpflege Gruppe in order to assist them to successfully continue consolidating a hitherto highly fragmented market.
Orrick's team advising Luxempart was again led by Düsseldorf partner Dr. Sven Greulich. Dr. Sven Greulich and German Co Managing Partner Dr. Wilhelm Nolting-Hauff already advised Luxempart on numerous transactions, e.g., in 2014, on the acquisition of a majority holding in the Weidinger Group, a leading Austrian provider for training services in adult education or, this summer, when Luxempart invested in Deutsche Fachpflege Gruppe or in late summer 2016 when Quip AG, one of Luxempart’s portfolio companies purchased Kolumbus Personalmanagement GmbH.
This time, the Orrick Team also included Dr. Nikita Tkatchenko and Dr. Johannes Rüberg (both Corporate, M&A). Orrick was supported by a team of their Swiss partner law firm Lexpartners, led by Pascal Berger and Christian Eich.