Frankfurt-based investment company VR Equitypartner GmbH is supporting the planned growth of medical technology provider TRACOE Medical GmbH. ConAlliance served as the commercial advisor to VR Equitypartner GmbH for this transaction.
TRACOE Medical is a medium-sized family business based in Nieder-Olm, Rhineland-Palatinate, and a leading provider of high-quality products in the niche markets of tracheotomy and laryngectomy. In both cases, patient ventilation is ensured by a tracheal cannula.
The financing will be used to support TRACOE’s expansion into the UK. TRACOE’s parent company is acquiring its long-standing customer, Kapitex Healthcare Ltd, in Wetherby (near Leeds), as part of a succession plan. VR Equitypartner is providing customized mezzanine financing for this purpose.
Kapitex, a TRACOE customer for over 20 years, is the exclusive distributor of TRACOE's tracheostomy tubes in the UK. Kapitex also markets its own products in airway management and other merchandise.
VR Equitypartner GmbH is a Germany-based private equity company specializing in medium-sized enterprises. It offers customized investment solutions for various needs, including growth financing, succession planning, and company takeovers. VR Equitypartner is a subsidiary of DZ Bank, the central institution of Volksbanken Raiffeisenbanken.
The company pursues a partnership-based investment strategy, typically acquiring majority or minority stakes in target companies. VR Equitypartner provides not only financial support but also strategic know-how and management expertise to promote growth and increase the value of its portfolio companies. Its investment focus is on established and profitable companies in Germany, Austria, and Switzerland.
Thanks to its close ties with the cooperative financial network and extensive experience in the German SME sector, VR Equitypartner is a key player in SME equity financing.
ConAlliance is an internationally recognized M&A advisory firm specializing in mid-market healthcare sector transactions. Headquartered in Munich with a network of partner offices in Europe, the USA, and China, ConAlliance offers commercial advisory services and expertise in company sales, acquisitions, equity capital procurement, and management buy-outs.
ConAlliance provides advice based on sound investment banking knowledge and in-depth expertise in the healthcare sector. The company values reliability, discretion, and independent advice that serves the interests of its clients exclusively.
As part of this transaction, ConAlliance prepared commercial due diligence for VR Equitypartner GmbH. The parties have agreed not to disclose the contract details.
Management of the Transaction at ConAlliance
The ConAlliance team for this transaction was led by Günter Carl Hober, Managing Partner, with support from ConAlliance partner Martin E. Franz.
For more information, please visit www.conalliance.com.