News and Publications

Please find below some recent news of relevance for the life sciences sector as well as press releases and publications published by us.

NOVACOS advises DBAG on successfull investment in radiology group

The investment group Deutsche Beteiligungs AG (DBAG) invests in two radiology practices in the state of North Rhine-Westphalia, Germany. Within the scope of a management buyout (MBO), DBAG and its advised DBAG Fund VII will acquire a majority interest in Radiologische Gemeinschaftspraxis Herne GbR and Ranova Überörtliche Gemeinschaftspraxis für Radiologie und Nuklearmedizin GbR and combine them into one entity. This is the first acquisition by DBAG Fund VII, a 1,010 million euro fund that closed in September 2016. The purchase contract is expected to be completed by mid-year; it requires approval by the cartel authorities and other institutions.

NOVACOS advised DBAG on the regulatory issues related to the investment with the following team: Maria Heil (Partner, M&A/Life Sciences), Dr. Marc Oeben (Partner, M&A/Life Sciences).

This is our press release (in German language): Pressemitteilung NOVACOS 29Mar2017 final.

The news coverage by Juve is accessible via the following link.

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