Proventis Partners advised the shareholders and management of Pflegehelden Franchise GmbH and Pflegehelden Pflegedienst GmbH

Hamburg, 20. July 2021 – Proventis Partners advised the shareholders and management of Pflegehelden Franchise GmbH and Pflegehelden Pflegedienst GmbH („Pflegehelden Group“) on the sale of their shares to Rigeto Unternehmerkapital GmbH („Rigeto“).

The Transaction

A group of investors advised by Rigeto, together with the previous managing director and shareholder Daniel Pochhammer, has acquired the Pflegehelden Group which is based in Hamburg and Itzehoe.

Rigeto supports CEO Daniel Pochhammer, who is expanding his stake, in shaping the succession of founders Philip Walter and Martin Wysocki as well as further growth.

The two founders, who together were the majority shareholders, will leave the company as shareholders within the transaction. Mr. Wysocki will remain associated with the company as a consultant. Already in 2018, the founders handed over the operational management to the managing partner Daniel Pochhammer.

Rigeto will continue to invest extensively in the further growth of the group, including the constant further development of the service for the placement of caregivers, the expansion of customer acquisition, the expansion of the management team and the acquisition of additional franchise partners. In addition to the expansion of the service portfolio, Rigeto will contribute its many years of experience in the expansion of successful business models and in particular in the professionalization of a franchise system.

The Role of Proventis Partners

Proventis Partners supported the shareholders and the management of the Pflegehelden Group throughout the entire M&A process. The services included the preparation of all transaction documentation, the identification and approach of suitable investors, the coordination of the due diligence as well as the commercial negotiation of the transaction.

About Pflegehelden Goup

The Pflegehelden Group was founded in 2005 by Philip Walter and Martin Wysocki. The core business of Pflegehelden Franchise GmbH is the placement of Eastern European care professionals for dignified care and nursing at home. Under the brand “Pflegehelden”, the company acts as franchisor for its more than 50 franchise partners on site throughout Germany. Under the “Ost-Profi” brand, the company is active in direct placement with end customers. The complete platform enables a highly automated, customer-friendly process and is supported by a proprietary ERP system. In the third segment, care services are provided directly to end customers by trained caregivers via Pflegehelden Pflegedienst GmbH.

With over 3,000 active customers, the Pflegehelden Group is a leading provider in the market for assisted care at home. Through its franchisees and placement agencies, the Group manages revenues of over EUR 100 million, making it a significant player in the live-in care market in Germany.

About Rigeto

Rigeto Unternehmerkapital invests private assets of entrepreneurs and entrepreneurial families in medium-sized companies for long-term value enhancement.

The focus of the investment activities is on established medium-sized companies from the DACH region that have a viable business model and are operating profitably. Rigeto’s most frequent reasons for investing are corporate succession, strategic realignment, corporate carve-out and growth financing. For companies in these situations, Rigeto is a strong and reliable partner. In addition to the necessary capital, Rigeto also brings the required experience in the further development of medium-sized companies.

About Proventis Partners

Proventis Partners is a partner-managed M&A advisory firm whose clients include mainly corporate groups, medium-sized family businesses and private equity funds. With 30 professionals, Proventis Partners is active in the sectors Industrials, Business Services, Consumer & Retail, TMT, Healthcare and Energy and covers the German-speaking region with offices in Hamburg, Cologne, Munich and Zurich. Through its exclusive membership in Mergers Alliance – the international partnership of leading M&A specialists – Proventis Partners offers local market coverage in the 30 most important economies globally. The 20 members of the Mergers Alliance, with more than 200 M&A professionals, offer Proventis Partners and our client’s unique access to local markets in Europe, North America, Latin America, Asia and Africa.