Oaktree Capital Management’s acquisition of Vitanas/Pflegen & Wohnen


Hengeler Mueller advises funds managed by Oaktree Capital Management, L.P. (“Oaktree”) on acquisition of nursing home operator Vitanas/Pflegen & Wohnen

Oaktree has acquired the nursing home operator Vitanas/Pflegen & Wohnen („Vitanas“) from the Burkart family and the Andreas-Franke-Group. Vitanas is the sixth-largest private operator of nursing homes in Germany with 58 homes, approx. 8,300 nursing places and more than 6,200 employees. The group is offering the full spectrum of nursing services. Vitanas generated revenues of approximately EUR 350 million in the financial year 2016.

Oaktree is a leader among global investment managers specializing in alternative investments and is headquartered in Los Angeles/USA.

Hengeler Mueller has advised Oaktree on this transaction comprehensively. The Hengeler Mueller team was led by partners Annika Clauss (Picture) and Peter Weyland (both Corporate/M&A) and included Thomas Müller (Real Estate), Christian Schmies (Regulatory), Christian Hoefs (Labour) (all Frankfurt), Wolfgang Spoerr (Social Law), Jan Bonhage (Public Law) (both Berlin), Alf-Hendrik Bischke (Antitrust, Düsseldorf) as well as associates Clemens Höhn, Radmila Petrovic, Johannes Baumann, Loretta Lang, Dominik Heß, Arvid Morawe, Christian Schmalenbach, Annette Petow (all Corporate/M&A), Sonnhild Draack (Labour Law) (all Frankfurt), Karolin Hiller (Social Law), Erasmus Hoffmann, Maren Klinsing (both Public Law), Jan Krusche (IT/IP) (all Berlin), Marco Brand, (Regulatory, Frankfurt), Annika Vieker (Antitrust, Düsseldorf) and Lars Voigt (Real Estate, Frankfurt).

CMS Hasche Sigle advised Oaktree with Markus Pfaff, Jörg Baumgartner, Sebastian Bergenthal and Sarah Winter (Banking & Finance).

Schrade & Partner advised Vitanas with Hans-Joachim König, Tilman Schierig, Thomas Giering and Sarah Schöbel.

Alley & Overy advised Pflegen & Wohnen Hamburg with Hans Schoneweg, Murad Daghles (Corporate/M&A), Börries Ahrens (Antitrust), Heike Weber (Tax), Olaf Otting (Public Law), Marc Ponchione, Bill Satchell (Banking & Finance), Rüdiger Klüber, Marie-Luise von Buchwaldt (Corporate/M&A), Christian Hilmes (Real Estate), Daniel Schulz, Juliane Dieckmann-Keden, Patrick Buse, Christian Lismann (Corporate/M&A), Susanne Beckhaus (Banking & Finance), Roman Kasten (Private Equity), Martin Schmidt (Capital Market), Peter Seidel (Tax), Andreas Ziegler (Public Law), Heiner Mecklenburg (Antitrust), Dr. Linda Wittor (Public Law) and Riccardo Marinello (Real Estate).

FPS Fritze Wicke Seelig advised Vitanas and Pflegen & Wohnen Hamburg with Georg Freiherr von und zu Franckenstein (Banking), Patrick Tuschl (Real Estate – Healt Care)

Clifford Chance advised DZ Bank and IKB – financing the deal – with Thomas Weitkamp (Banking & Finance), Kerstin Kopp (Corporate/Private Equity), Thorsten Sauerhering (Tax), Adéla Hardmeyer, Alexander Lang (Banking & Finance) and Maria-Franziska Röntsch (Corporate/Private Equity; Frankfurt)

Involved fees earner: Georg Freiherr von und zu Franckenstein – FPS Fritze Wicke Seelig ; Hans-Joachim König – Schrade & Partner; Tilman Alexander Schierig – Schrade & Partner; Thomas Giering – Schrade & Partner; Markus Pfaff – CMS Hasche Sigle; Jörg Baumgartner – CMS Hasche Sigle; Sebastian Bergenthal – CMS Hasche Sigle; Sarah Winter – CMS Hasche Sigle; Annika Clauss – Hengeler Mueller; Peter Weyland – Hengeler Mueller; Clemens Höhn – Hengeler Mueller; Radmila Petrovic – Hengeler Mueller; Johannes Baumann – Hengeler Mueller; Loretta Lang – Hengeler Mueller; Dominik Heß – Hengeler Mueller; Arvid Morawe – Hengeler Mueller; Christian Schmalenbach – Hengeler Mueller; Annette Petow – Hengeler Mueller; Thomas Müller – Hengeler Mueller; Lars Voigt – Hengeler Mueller; Christian Schmies – Hengeler Mueller; Marco Brand – Hengeler Mueller; Christian Hoefs – Hengeler Mueller; Sonnhild Draack – Hengeler Mueller; Wolfgang Spoerr – Hengeler Mueller; Jan Bonhage – Hengeler Mueller; Karolin Hiller – Hengeler Mueller; Erasmus Hoffmann – Hengeler Mueller; Maren Klinsing – Hengeler Mueller; Alf-Henrik Bischke – Hengeler Mueller; Annika Vieker – Hengeler Mueller; Jan Michael Krusche – Hengeler Mueller; Hans Schoneweg – Allen & Overy; Murad Daghles – Allen & Overy; Rüdiger Klüber – Allen & Overy; Marie-Luise von Buchwaldt – Allen & Overy; Daniel Schulz – Allen & Overy; Juliane Dieckmann-Keden – Allen & Overy; Patrick Buse – Allen & Overy; Christian Lismann – Allen & Overy; Roman Kasten – Allen & Overy; Börries Ahrens – Allen & Overy; Martin Schmidt – Allen & Overy; Heiner Mecklenburg – Allen & Overy; Heike Weber – Allen & Overy; Peter Seidel – Allen & Overy; Olaf Otting – Allen & Overy; Andreas Ziegler – Allen & Overy; Linda Wittor – Allen & Overy; Marc Ponchione – Allen & Overy; Bill Satchell – Allen & Overy; Susanne Beckhaus – Allen & Overy; Christian Hilmes – Allen & Overy; Riccardo Marinello – Allen & Overy; Thomas Weitkamp – Clifford Chance; Adéla Hardmeyer – Clifford Chance; Alexander Lang – Clifford Chance; Kerstin Kopp – Clifford Chance; Maria-Franziska Röntsch – Clifford Chance; Thorsten Sauerhering – Clifford Chance;

Law Firms: FPS Fritze Wicke Seelig ; Schrade & Partner; CMS Hasche Sigle; Hengeler Mueller; Allen & Overy; Clifford Chance;

Clients: Oaktree Capital Management; IKB Deutsche Industriebank; Dz Bank; Vitanas GmbH & Co. KGaA; Pflegen & Wohnen Hamburg;