DLA Piper steers GED Capital´s acquisition of four healthare companies
DLA Piper has assisted Spain´s Private Equity firm GED Capital with its acquisition of a majority stake in four healthcare providers to create a group with a turnover of €15 million
GED Capital, a Private Equity group specialised in the Iberian middle-market segment, has acquired through its fund GED VI Spain a majority stake in Dynamic Science, Pulso Ediciones, Mederic Ediciones, and Viguera Ediciones from their respective founders and managers.
The agreement reached envisages that the companies´ founders and management team will maintain a minority stake and continue to lead the management of the companies. The deal will create a unique reference knowledge provider and value-added services for the pharmaceutical industry.
Dynamic is the leading company in clinical research in Spain. The CRO full-service reference for pharmaceutical companies and major scientific societies, with more than 20 years of experience. Pulso is one of the leading B2B continuous medical training companies and one of the main providers of patient support programmes. Mederic is a B2B medical training company with activities in human and veterinary medicine and with an innovative and technological value proposal. Viguera specialises in on-line Master´s degrees in B2C Neurology for doctors.
With offices in Barcelona, the new project after the integration will have an initial staff of 130 employees and an aggregate turnover at the end of 2020 of approximately €15 million. The different activities are very complementary and key areas will be strengthened to support future growth.
DLA Piper advised GED Capital with a team led by partner head of the Commercial practice José María Gil-Robles (pictured), together with senior associate Héctor Gómez and associate María Gutiérrez. Partner Paz de la Iglesia and senior associate Patricia Pila provided assistance from the Employment practice.