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

14. August 2017

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 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).