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Healthcare | Private Equity

Senectovia Medizinaltechnik AG has been acquired by a financial investor

November 2021 — In the context of succession in the ownership, a multi-family office has taken over Senectovia Medizinaltechnik AG. The owner of Senectovia has sold 100% of the shares and the two parties have agreed not to disclose the sale price.

Senectovia Medizinaltechnik AG is specialized in the distribution and maintenance of products for decubitus prophylaxis and therapy, patient mobility and obesity care. The product range includes medical mattresses and aids for patient positioning and mobilization. Thanks to the excellent service and high quality of its products, Senectovia has become the market leader in its core business in German-speaking Switzerland.

The buyer is a multi-family office that prefers to invest in mid-sized companies in healthcare and other industries. With this investor, Senectovia has gained a strong partner who will actively promote and further develop the company’s strategy and growth plans.

The previous owner, who has played a key role in shaping the company for over 20 years, will remain closely associated with Senectovia as a member of the Board of Directors, and will contribute his extensive industry experience to the management committee in order to provide the new investor with optimum support in implementing the initiated strategy.

Our role in the transaction

Oaklins’ team in Switzerland supported the owner of Senectovia Medizinaltechnik AG during the entire sale process as exclusive M&A advisors. This included the preparation of the sale documents, the identification and approach of potential buyers, the supervision of the buy-side due diligence, as well as negotiations with several parties and support up to the signing and closing of the transaction.

Parties
“With Oaklins, I had the optimal M&A advisor on my side, who accompanied me during a very challenging time for our company and implemented a succession process tailored to my needs. I would particularly like to highlight Oaklins' professionalism, industry knowledge and ability to ensure that always multiple options for action were kept open for me until closing. At all times in the process, Oaklins acted with foresight, anticipating potential stumbling blocks and preparing me in the best possible way for each step of the process.”

Michael Lienhart

Owner, Senectovia Medizinaltechnik AG

Talk to the deal team

David Zürrer

Partner
Basel, Switzerland
Oaklins Switzerland

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