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Gide, SPCG, and Everberg Advise on MEDI-System Acquisition of Elderly Care Facilities

Gide, SPCG, and Everberg Advise on MEDI-System Acquisition of Elderly Care Facilities

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Gide has advised long-time client MEDI-system on the acquisitions of the Angel Care elderly care facility from the Angel Poland Group and the Ostoya Care Facility from the Allenort Capital Fund. SPCG advised the Angel Poland Group and Everberg advised the Allenort Capital Fund on the deals.

The Ostoya Care acquisition closed in December 2017, and the Angel Care acquisition closed on January 2, 2018.

Gide describes the Angel Care facility, located in Wroclaw, Poland, as "a comprehensive elderly care facility, caring for seniors with various needs, both independent seniors and individuals requiring round-the-clock assistance, including those suffering from dementia," and reports that it "will be the ninth such facility run by MEDI-system in Poland." The firm's team on that deal was headed by Managing Partner Dariusz Tokarczuk and Counsel Blazej Czwarnok and included, Associates Joanna Karkoszka and Anna Ratajczyk-Salamacha.

The Ostoya Care facility is located in Stare Babice, near Warsaw.

Gide's due diligence of the target companies and drafting of the transactional documentation was performed by a team headed by Czwarnok and Associate Tomasz Roszczyc.

The SPCG team advising Angel Poland Group on the sale of Angel Care facility was led by Partner Piotr Kaminski, working in cooperation with Partners Lukasz Ziecina and Marcin Koper.

The Everberg team advising the Allenort Capital Fund on its sale of the Ostoya Care facility was led by Managing Partner Grzegorz Wanio, supported by Attorney Dominik Staniszewski.

Gide has advised MEDI-system since advising on the company's acquisition in 2015 by the Orpea Group (as reported by CEE Legal Matters on January 21, 2016).

 

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