April 4, 2018 | Announcements
GCA Advises Nordic Capital on Its Acquisition of Ober Scharrer Group from Palamon Capital Partners
GCA is pleased to announce that our client, Nordic Capital, has announced it will acquire Ober Scharrer Group, a leading ophthalmology outpatient chain, from Palamon Capital Partners. This acquisition is our latest sponsor-to-sponsor success story, as we recently advised Blackfin on its sale of Finanzen to Eli Global and Waterland on its sale of A-ROSA to Duke Street.
The Ober Scharrer Group (“OSG”) is Germany’s largest provider of treatments for major causes of blindness and visual impairment, noninvasive eye treatments and eye disorder diagnoses. OSG offers a broad spectrum of specialized ophthalmic treatments and provides high-quality medical care to both public and private patients. The company’s key services include surgical treatments, such as cataract operations, and drug applications for degenerative eye disorders. The company performs more than 85,000 surgical treatments each year in its 80 clinics.
As a leading healthcare investor with a 25-year track record of building high-quality, sustainable healthcare businesses, Nordic Capital will support Ober Scharrer’s future growth.
Terms of the transaction were not disclosed.
GCA acted as exclusive financial advisor to Nordic Capital on this transaction.
GCA is a global investment bank that provides strategic M&A, capital markets and private funds advisory services to growth companies and market leaders. The firm offers worldwide coverage with over 400 professionals in 18 offices across America, Asia and Europe. Built by the people that run the business, GCA is a firm of experts who focus on deals that require commitment, original perspective, skill and exceptional networks. Learn more at www.gcaglobal.com.