IK Investment Partners’ Acquisition Of Ondal Holding GmbH From Capvis


Hengeler Mueller advised Capvis on the transaction.

The funds Capvis Equity III L.P. and Capvis III Limmat L.P. (“Capvis”), advised by Capvis AG, have agreed to sell their majority stake in Ondal Holding GmbH (“Ondal”) to IK Investment Partners.

Capvis acquired a majority stake in Ondal in 2012. Since then, the company’s product platform has successfully expanded thanks to substantial investments. The parties have agreed not to disclose any financial details of the transaction. The closing of the transaction is subject to the approval of the relevant authorities.

Ondal is a leading developer and manufacturer of pendant systems for use in operating rooms, intensive care units and outpatient facilities.

Capvis is a private equity firm focused on leveraged buyout and growth capital investments in middle-market companies across a range of industries in the Industrial Corridor of Europe (Switzerland, Germany, Italy and the Benelux).

IK Investment Partners (formerly known as Industri Kapital) is a leading European private equity firm, focusing on investments in the Nordic region, Benelux, France and Germany.

The Hengeler Mueller’s team included partners Daniel Wiegand (Picture – M&A, Munich), Dirk Uwer (Public Law, Düsseldorf) and Christian Hoefs (Employment, Frankfurt), counsel Gunther Wagner (Tax, Munich) as well as associates Johannes Honzen (Frankfurt), Daniel Blagojevic, Niels Christian Schwaiger, Veronika Wimmer (all Munich) (all M&A), Jochen Schnepper (Financing, Frankfurt), Anja Balitzki (Antitrust), Matthias Rothkopf (IP), Carsten Bormann, Friedrich Florian Steinert (both Public Law) (all Düsseldorf) and Katharina Gebhardt (Employment, Frankfurt).

Involved fees earner: Anja Balitzki – Hengeler Mueller; Daniel Blagojevic – Hengeler Mueller; Carsten Bormann – Hengeler Mueller; Katharina Gebhardt – Hengeler Mueller; Christian Hoefs – Hengeler Mueller; Johannes Honzen – Hengeler Mueller; Matthias Rothkopf – Hengeler Mueller; Jochen Schnepper – Hengeler Mueller; Niels Christian Schwaiger – Hengeler Mueller; Friedrich Steinert – Hengeler Mueller; Dirk Uwer – Hengeler Mueller; Gunther Wagner – Hengeler Mueller; Daniel Wiegand – Hengeler Mueller; Veronika Wimmer – Hengeler Mueller;

Law Firms: Hengeler Mueller;

Clients: Capvis Equity Partners AG;