Addleshaw Goddard advises RIW Group on sale of promedi Personalmanagement
Addleshaw Goddard has provided comprehensive advice to RIW Dienstleistungs-GmbH in connection with the carve-out and subsequent sale of its subsidiary promedi Personalmanagement GmbH. The buyer is the Munich-based private equity fund Lenbach Equity Opportunities II GmbH & Co KG, which is exclusively managed by the investment advisory DUBAG.
RIW-Dienstleistungsgruppe headquartered in Cologne is a national service provider active in the three business areas of industrial, facility and personnel services. The family-owned group employs over 2,000 people.
Promedi is a personnel service provider specialising in medical professions and geriatric care, based in Cologne, which has shown impressive growth over the years. With more than 600 external employees, promedi supports its extensive client base, which includes leading hospitals and geriatric care facilities, in the field of employee leasing and personnel placement.
Munich-based DUBAG Group advises and manages private equity funds, focusing in particular on complex carve-outs.
The Addleshaw Goddard team, led by partner Dr Hubertus Schröder (Corporate/M&A, Hamburg), included partners Manuela Finger (IP, Munich) and Janik Goßler (Commercial, Frankfurt), counsel Jens Peters (Employment, Hamburg) and associates Fabian Neppessen (Corporate/M&A, Hamburg), Dr Natalia Ilyevich (Corporate/M&A, Frankfurt) and Lukas Riedinger (Commercial, Munich).
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