Proventis Partners advises the ANK Group on the sale of a majority stake to Beyond Capital Partners.

Hamburg, October 17, 2022 – Beyond Capital Partners acquires a majority stake in the ANK medical supply store group to support the planned mid-term succession of the managing shareholder and to support the company’s national growth.

ANK Group is the leading medical supply store group in Rhineland-Palatinate. Together with Beyond Capital Partners, ANK Group plans to accelerate its growth, both organically as well as inorganically, expanding across regional borders and building one of the market-leading groups in the German medical supply store market.

“I have felt comfortable with Beyond Capital Partners since the first meeting and look forward to the joint development of the group in the coming years” says Christiane Ank-Kunze, managing shareholder, adding “at the same time, the new partner offers attractive perspectives for our employees and also Kaiserslautern as the main location of the group.”

“The ANK Group, its shareholders and employees fit the core of our investment strategy to help strongly positioned companies drive their growth through cross-regional expansion. We value ANK’s social role and influence on keeping the health and well-being of its customers in focus and thus forming an essential link between care, rehabilitation and orthopaedics,” said Christoph Kauter, managing partner and founder of Beyond Capital Partners.

The role of Proventis Partners

Proventis Partners acted as exclusive M&A advisor to the shareholders of ANK Group and supported the client throughout the entire transaction. In addition to the implementation of a structured sales process, the services included the preparation of marketing and transaction documents, identification and approach of potential investors as well as coordination of the due diligence and negotiation of the transaction. The transaction team of Proventis Partners consisted of Jost Hartmann, Timo Stahlbuhk and Dr. Leonhard Austmann.

About the ANK Group

The ANK Group, consisting of the companies Ank Sanitätshaus + Orthopädietechnik GmbH, Kaiser, Sanitätshaus + Rehatechnik GmbH and Ank Orthopädieschuhtechnik GmbH, was founded in 1957. With the entry of Christiane Ank-Kunze and Jürgen Dieterich in the 1990s, the group expanded from one to thirteen locations. The ANK Group employs around 170 people at its locations and, as a full-range provider, offers comprehensive medical care for patients in the Rhineland-Palatinate region.

Further information is available at www.ank-sanitaetshaus.de and www.kaiser-sanitaetshaus.de

About Beyond Capital Partners

Beyond Capital Partners is an investment company advising its funds on the acquisition of majority shareholdings of profitable small- and medium sized enterprises in the DACH region, focusing on the asset-light segments business services, IT, software, healthcare, lifestyle and entertainment. Further information is available at www.beyondcapital-partners.com

About Proventis Partners

Proventis Partners is a partner-managed M&A advisory firm whose clients include a majority of medium-sized family-owned companies, group subsidiaries as well as private equity funds. With more than 30 M&A advisors, Proventis Partners is one of the largest independent M&A advisors in the German-speaking region and looks back on 20 years of M&A experience and more than 300 completed transactions. The M&A consultants with offices in Dusseldorf, Hamburg, Munich and Zurich are active in the sectors Industrials & Chemicals, Business Services, Consumer & Retail, TMT, Healthcare and Energy & Sustainability. The exclusive membership in Mergers Alliance – an international partnership of leading M&A specialists – enables Proventis Partners to support clients in 30 countries in the most important markets worldwide. The members of Mergers Alliance, with over 200 M&A professionals, provide Proventis Partners and thus its clients with unique access to local markets in Europe, North America, Latin America, Asia and Africa.

Further information about Proventis Partners is available at www.proventis.com