ANK Group

Completed Date

2022-10-17

Sector

Healthcare

Deal Type

Buy out

Value

Not disclosed

Company bio

The ANK Group, consisting of the companies Ank Sanitätshaus + Orthopädietechnik GmbH, Kaiser, San-itätshaus + Rehatechnik GmbH and Ank Orthopädieschuhtechnik GmbH, was founded in 1957. With the entry of Christiane Ank-Kunze and Jürgen Dieterich in the 1990s, the group expanded from one to thirteen locations. The ANK Group employs around 170 people at its locations and, as a full-range provider, offers comprehensive medical care for patients in the Rhineland-Palatinate region.

Deal Summary

Beyond Capital Partners acquires a majority stake in the ANK medical supply store group to support the planned mid-term succession of the managing shareholder and to support the company's national growth.

ANK Group is the leading medical supply store group in Rhineland-Palatinate. Together with Beyond Capital Partners, ANK Group plans to accelerate its growth, both organically as well as inorganically, expanding across regional borders and building one of the market-leading groups in the German med-ical supply store market.

"I have felt comfortable with Beyond Capital Partners since the first meeting and look forward to the joint development of the group in the coming years" says Christiane Ank-Kunze, managing shareholder, adding "at the same time, the new partner offers attractive perspectives for our employees and also Kaiserslautern as the main location of the group."

"The ANK Group, its shareholders and employees fit the core of our investment strategy to help strongly positioned companies drive their growth through cross-regional expansion. We value ANK's social role and influence on keeping the health and well-being of its customers in focus and thus form-ing an essential link between care, rehabilitation and orthopaedics," said Christoph Kauter, managing partner and founder of Beyond Capital Partners.

Value Added to the Project

Proventis Partners acted as exclusive M&A advisor to the shareholders of ANK Group and supported the client throughout the entire transaction. In addition to the implementation of a structured sales process, the services included the preparation of marketing and transaction documents, identification and approach of potential investors as well as coordination of the due diligence and negotiation of the transaction. The transaction team of Proventis Partners consisted of Jost Hartmann, Timo Stahlbuhk and Dr. Leonhard Austmann.

Deal Contacts

Jost Hartmann

Jost Hartmann's avatar

Proventis Partners is the exclusive German partner of Mergers Alliance

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