Baker McKenzie advised Sanecum Gruppe, a leading operator of multidisciplinary medical care centers in Germany, on the financing of its further expansion.
The purpose of the financing was the introduction of new credit facilities to implement the further growth of the group.
The financing is provided by a consortium of banks and credit funds and includes, in addition to credit facilities for the purpose of refinancing of existing financial indebtedness, various acquisition and capital expenditure facilities with a total financing volume of almost 145 million Euro.
Sanecum Gruppe operates more than 20 medical care centers at 41 locations, making it one of the largest outpatient care operators in Germany. In metropolitan regions, Sanecum offers integrative care models across various medicial disciplines and promotes networking and efficient treatment models, in particular in nephrology and cardiology sectors. Patients of Sanecum have access to holistic medical care from different specialists in one single network.
Baker McKenzie's Banking & Finance team regularly advises private equity funds, their portfolio companies, banks, debt funds and corporates on all aspects of acquisition financings, in particular leveraged buy-outs, as well as on general corporate financings and restructurings across all sectors with particular experience in healthcare, IT, industrial, business services and consumer.
Legal advisor to Sanecum Gruppe:
Banking & Finance: Matthias Töke (Counsel, Frankfurt)
Banking & Finance: Kieran Verdano und Esther Kapern (both Associates, Frankfurt)