Ashurst advised Ardian Private Debt, Bank of Ireland and NIBC Bank as lenders on the refinancing of nursing home operator EMVIA Living, a portfolio company of private equity investor Chequers Capital. The refinancing provides the company with the necessary financial means for future acquisitions in the care market and provides flexibility to continue its organic growth, among others.
Hamburg-based EMVIA Living is a leading nursing home operator in Germany whose services include ambulant and day care in addition to stationary facilities. The group operates around 60 nursing homes nationwide with more than 6,000 beds.
The Ashurst team was led by partner Dr Matthias Weissinger. He was assisted by transaction lawyers Ariana Fazlic and Ena Selimbegovic (all Global Loans). The super senior lenders Bank of Ireland and NIBC Bank were advised by partner Anne Grewlich and counsel Sabrina Bremer (both Global Loans).
Ashurst regularly provides advice on acquisition financings and refinancings in the German care market.
