Ashurst advised CAPZA and Investec as lenders on the financing to support Ortivity's buy-and-build strategy. The parties have agreed not to disclose the terms and conditions of the financing.
Ortivity is a buy-and-build platform in the German outpatient orthopaedic market with currently three regional clusters in North Rhine-Westphalia, Bavaria and Baden-Wuerttemberg. The Group comprises 24 orthopaedic practices mainly focusing on complex conservative treatments, i.e. non-invasive methods used to manage orthopaedic conditions without the need for surgery.
CAPZA is an asset management company focused on private investments in European small and medium-sized companies. With offices in Amsterdam, Paris, Munich, Milan and Madrid, CAPZA manages assets of around €7.6bn for institutional investors in Europe and globally.
Investec is an international banking and asset management group, operating primarily in Europe, Southern Africa and the Asia-Pacific region.
The Ashurst team advising the lenders was led by partner Dr Matthias Weissinger (Global Loans, Munich). He was assisted by counsel Sabrina Bremer and legal manager Friedrich Schaudinn (both Global Loans, Frankfurt). Investec was advised by partner Anne Grewlich and counsel Gabrielle Metherall (both Global Loans, Frankfurt).
Ashurst's German banking and finance practice advises both banks and alternative lenders, private equity investors and companies on domestic and cross-border acquisition, real estate, asset and infrastructure / project finance as well as on financial restructuring and corporate lending.
