Lincoln International advises Chequers Capital on the sale of Deutsche Fachpflege Gruppe to Advent International
Lincoln International, a leading global mid-market investment bank, is pleased to announce the successful sale of Deutsche Fachpflege Gruppe from Chequers Capital to Advent International.
Lincoln International acted as the exclusive financial advisor to the seller, working closely with both Chequers Capital and the Deutsche Fachpflege Gruppe management team. Lincoln International managed a swift and highly competitive M&A process.
For Lincoln International’s global LifeScience/Healthcare sector team the deal represents the 31st successful transaction in the last 18 months. Lincoln International will continue to strongly focus on the Healthcare sector.
Deutsche Fachpflege Gruppe, headquartered in Munich, is the market leader in high quality outpatient intensive care in Germany. With a total of 18 outpatient nursing providers and a non-profit inpatient facility, the Group offers a broad spectrum of care services in individual as well as community care settings. The company has a strong reputation as a provider of high-quality nursing care and is a pioneer in outpatient intensive care.
Chequers Capital is one of the leading European investors in private, mid-sized companies. Chequers, with approx. Euro 2.0 billion funds under management, operates with a team of 20 professionals out of offices in Paris and Munich and focuses on investments in buy-out situations with an emphasis on international expansion and growth through buy-and-build strategies.
Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 330 private equity transactions in 40 countries, and has more than Euro 35 billion in assets under management.
Volker Feldkamp, CEO of Deutsche Fachpflege Gruppe: “With Advent as a strong and experienced investor, we are able to realize our full growth potential. In particular, Advent’s significant industry expertise as well as its strategic and operational resources allow us to accelerate our expansion and to continuously improve the quality of our nursing care in order to sustainably broaden our market coverage. We are thankful to Chequers Capital for the successful partnership over the last five years.”
Holger Schnoes, Managing Director at Advent International, said: “As a quality leader and pioneer in the industry, Deutsche Fachpflege Gruppe is well positioned to further expand its leading market position. We look forward to supporting the company’s further development together with management and through targeted investments.”