Latham & Watkins LLP has advised Baring Asset Management Limited as senior lender in connection with the acquisition financing for Gilde Healthcare’s acquisitions of BENTEC Endoscopy GmbH and Hermann Medizintechnik GmbH through its portfolio company Surgical Precision Instruments (SPI). The financing is set up as a unitranche/super senior structure facilities and includes further acquisition and capital expenditure facilities as well as a working capital facility for the purposes of supporting further growth of the SPI group.
SPI Group is a leading MedTech CDMO specializing in high-precision surgical instruments and implants and serving leading global MedTech OEMs. BENTEC Endoscopy specializes in high-precision instruments, components, and assemblies for minimally invasive endoscopic procedures. Hermann Medizintechnik develops and manufactures surgical instruments and implants, ranging from a broad range of implant systems to customized special instruments for a variety of surgical disciplines.
The Latham team was led by Munich finance partner Thomas Weitkamp, with associates Jannis Strotmann and Valentin Mezger. Advice was also provided on tax matters by Munich partner Ulf Kieker, with associate Henning Kleymann.
Where the legal industry reads first.
Enjoyed this article? Get the biggest legal industry updates, deals, appointments, insights and expert interviews in your inbox, free.
No spam. Unsubscribe anytime.From Legal Desire
Is your firm the one being cited, or the one being skipped?
We ran the test. On several everyday legal questions, software companies are answering and law firms are not. We help firms fix that, and we build the technology behind the practice.
Lawyers and firms: get featured on Legal Desire
Share your deals, lateral moves, firm news and insights with 1M+ monthly readers: founders, law firm partners, general counsel and practising lawyers across the US, UK, EU and GCC.
Get featuredSubmit a press releaseThe advising firms, the named deal team, the value and the parties, with every other announced deal by the same firms and lawyers. Open the deal record
