Apax Funds’ acquisition of a Controlling Stake in Unilabs

Simpson Thacher is representing Apax Partners LLP (“Apax”) in connection with the offer by funds advised by Apax for a controlling stake in Unilabs owned by Nordic Capital and Apax Partners France.

The remaining shares in Unilabs are already owned by funds advised by Apax, and by management.

Unilabs is one of Europe’s leading providers of clinical laboratory testing and medical diagnostic imaging services. Headquartered in Geneva, the Unilabs Group services sectors ranging from private and public healthcare providers to local governments, from pharmaceutical companies to the general public.

The Simpson Thacher team includes Derek Baird (Picture), Till Lefranc, Charles Leeming and Audrey Fassi-Fihri (Corporate); and Ian Barratt (Credit). Vinge and Elvinger Hoss Prussen provided, respectively, Swedish and Luxembourg legal advice to Apax.

The Vinge team includes partner Jonas Johansson Alex Miler and Rasmus Perdahl.

Walder Wyss acts as Swiss legal counsel to Apax as seller in this transaction. The Walder Wyss team is being led by Alex Nikitine (Partner, M&A, Capital Markets) and further includes Anna Baldenbach von Bröchen (Associate, Corporate/M&A), Michael Isler (Managing Associate, IP/IT), Alexandre Both (Managing Associate, Corporate/M&A), Janine Corti (Associate, Tax), Fabienne Anner (Associate, Corporate/M&A), David M. Hill (Associate, Labor law) and Valentin Wiesner (Trainee, Banking & Finance).

Involved fees earner: Alexander Nikitine – Walder Wyss Ltd.; Anna Baldenbach von Bröchen – Walder Wyss Ltd.; Alexandre Both – Walder Wyss Ltd.; Fabienne Anner – Walder Wyss Ltd.; Michael Isler – Walder Wyss Ltd.; Janine Corti – Walder Wyss Ltd.; David Hill – Walder Wyss Ltd.; Valentin Wiesner – Walder Wyss Ltd.; Jonas Johansson – Vinge; Alex Miler – Vinge; Rasmus Perdahl – Vinge; Derek Baird – Simpson Thacher & Bartlett; Till Lefranc – Simpson Thacher & Bartlett; Charles Leeming – Simpson Thacher & Bartlett; Audrey Fassi-Fihri – Simpson Thacher & Bartlett; Ian Barratt – Simpson Thacher & Bartlett;

Law Firms: Walder Wyss Ltd.; Vinge; Simpson Thacher & Bartlett;

Clients: Apax Partners;