04. October 2024

The acquisition of the Katharinenhof Group was part of a combined transaction. Next to the operations, the respective real estate portfolio was sold to funds managed by Civitas Investment Management Limited. The total transaction volume is indicated by the parties at slightly more than EUR 300 million.

Katharinenhof consists of 27 facilities that offer more than 3,000 places for inpatient care and assisted living. The operations will be taken over by the Alloheim Group completely. With this acquisition the company manifests its leading position within the sector and will widen its capacities especially in the areas of Berlin, Hamburg, Brandenburg and Saxony.

‘Katharinenhof and Alloheim are an ideal combination in many aspects: both companies focus on a high quality in care, attach great importance to training new skilled employees and are working on offering integrated forms of care,’ expresses Dr. Steffen Hehner, CEO of Alloheim Senioren-Residenzen SE, explaining the decision to take over Katharinenhof.

Alloheim Group is the largest private provider of inpatient and outpatient care services in Germany. Throughout the country the company operates 258 senior residences, 94 assisted living centres and 25 outpatient care services. In total Alloheim employs about 23,000 people and has capacities for more than 28,000 patients. With the acquisition the number of senior residences will increase to 285.

The combination of the acquisition of the operative business as well as the property portfolio offered particular challenges in both procedural and legal terms. The team led by ARQIS partner Dr. Ulrich Lienhard provided support in connection with the complex rental agreements with Civitas. The private equity team led by Dr. Jörn-Christian Schulze assisted Alloheim on the M+A side, as it has done on many occasions since 2010.

Advisors Alloheim Group

ARQIS (Dusseldorf): Core Deal Team: Dr. Jörn-Christian Schulze (Lead), Malte Griepenburg, Katrin Ludwig (Transactions), Dr. Ulrich Lienhard, Tim Bresemann (both Real Estate).

Partner: Dr. Christof Schneider, Johannes Landry (both Transactions), Marcus Nothhelfer (IP), Counsel: Jens Knipping (Tax), Anja Mehrtens (HR Law), Sina Janke (Compliance); Managing Associates: Christos Choudeloudis, Benjamin Bandur, Anselm Graf, Dr. Denis Schütz (Transactions), Diana Puchowezki (Real Estate), Daniel Schlemann (Data.Law), Nora Stratmann, Rolf Tichy (both IP), Martin Weingärtner (Pensions); Associates: Rebecca Gester (IP), Ebru Köroglu, Conrad Wiza (both Transactions), Thomas Lipsky (IP), Marius Mesenbrink (Japan), Sabine Müller, Dr. Dennis Ratschkowski (both HR Law); Legal Specialists: Qing Xia (Transactions).