Eight Advisory supported Gimv on its investment in Ambulantis Group
Eight Advisory provided buy-side financial and tax due diligence, as well as tax structuring services to Gimv as part of its investment in Ambulantis Group, a fast-growing care provider.
Ambulantis is committed to enabling people in need of care to lead a fulfilling life in their own home or shared apartment. To this end, the company offers nursing care including outpatient care, day care, care in assisted living facilities and residential care communities. Its approach enables customers to maintain a high degree of privacy and independence while benefiting from nursing care tailored to their individual needs. In addition, the Ambulantis concept promotes social interaction and participation in society through numerous joint activities. The company currently employs more than 500 people and operates in 6 cities in northern and eastern Germany, in some cases with multiple locations.
Gimv is a European investment company, listed on Euronext Brussels and a member of the Euronext BEL ESG Index. With over 40 years’ experience in private equity, Gimv currently has an investment portfolio of more than EUR 1.7 billion. The portfolio contains around 60 portfolio companies, with combined turnover of EUR 4.0 billion and more than 20,000 employees.
Gimv will hold a significant stake in Ambulantis and will support Dr. Stefan Buchkremer, Richard Simm and Dr. Matthias Weber in the further development of the group. The transaction is still subject to the usual regulatory approval and is expected to be completed in the coming weeks.
Eight Advisory team members supporting this transaction:
- Financial due diligence: Marc Niclas (Partner), Matus Bonko (Manager)
- Tax due diligence and tax structuring: Dominik Schmidt (Director), Lukas Walter (Manager)
