Deal announcement
goetzpartners advised the insolvency administrator Michael Wilbert
goetzpartners advised the insolvency administrator Michael Wilbert on the sale of AbisDu Pflege GmbH
AbisDu Pflege GmbH (“AbisDu”), based in Cologne, is a provider of ambulatory nursing services. In June 2024, AbisDu filed for insolvency after the company faced financial difficulties due to unfavorable market conditions during a start-up phase, and the shareholder unexpectedly declined further financing. Michael Wilbert from law firm GÖRG was appointed as insolvency administrator and mandated goetzpartners to run a structured sales process for AbisDu.
Ambiente Mobile Care GmbH (“Ambiente”) succeeded with the most attractive offer. As of October 2024, Ambiente takes over the AbisDu locations in Cologne, Wetter and Lingen, including around 105 of the 135 employees. The transaction is expected to close shortly.
goetzpartners acted as sole and exclusive M&A sell-side advisor to the insolvency administrator. This transaction demonstrates our ability to achieve outperforming results for our clients and underscores goetzpartners' expertise in advising distressed clients.
About AbisDU Pflege GmbH
AbisDu Pflege GmbH provides ambulatory nursing services from their four locations in Cologne, Wetter, Lingen and Wuppertal. The service portfolio includes outpatient day care according to SGB V and XI as well as intensive care.
About Ambiente Mobile Care GmbH
Ambiente Mobile Care GmbH is part of Ambiente Holding. Ambiente Holding operates 14 care facilities and outpatient care services throughout Germany. The service portfolio includes day and short-term care, inpatient and outpatient care as well as serviced living.
About GÖRG Partnerschaft von Rechtsanwälten MBB
GÖRG is one of the top independent business law firms in Germany, a national leader in insolvency and restructuring, and at the head in all core areas of business law. More than 350 lawyers and tax advisors, with many years of national and international professional experience, work at the five GÖRG offices in Berlin, Frankfurt am Main, Hamburg, Cologne and Munich, advising clients personally, pragmatically, collaboratively and with great competence.
Transaction team:
Dr. Jochen Vogel
Managing Director
Email
Karim Metzner
Manager
Matthias Friedl, CFA
Associate
Kirill Jirnov
Consultant