ARQIS advises Alloheim on the acquisition of Senator Group

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ARQIS advised Alloheim Senioren-Residenzen SE on the acquisition of Senator Beteiligungen GmbH. The acquisition is subject to approval by cartel authorities and is to be effectuated as of 1 January 2016.

Senator Group, which is based in Lübeck, runs 48 retirement homes with approximately 4,300 healthcare beds, two home care services and about 700 apartments for assisted living. With the acquisition of Senator Group, Alloheim takes over one of the last major traditional companies in the care sector. Senator Group was established in 1983 and has grown continuously by building and acquisitions of new homes. The homes of Senator Group’s portfolio are primarily located in Schleswig-Holstein, Bremen and North Rhine-Westphalia.

Due to this acquisition, Alloheim, seated in Düsseldorf, grows to a total of approximately 15,000 healthcare beds and apartments for assisted living.

The ARQIS team around Dr. Jörn-Christian Schulze has been advising Alloheim on several add-on-transactions since 2010, recently the acquisition of PROCON from AUCTUS in 2014. ARQIS also advises Alloheim regularly in real estate matters.

Advisor Alloheim

ARQIS Rechtsanwälte (Düsseldorf/Munich): Dr. Jörn-Christian Schulze (lead), Dr. Christof Schneider, Johannes Landry (all Private Equity/M&A), Dr. Ulrich Lienhard (Real Estate), Cosima Preiss (Financing); Associates: Franziska Korn, Olivia Barth, Andrea Schlote, Dorothea Kienzle (all Private Equity/M&A), Marco Wagner (Dispute Resolution), Eva Trost, Dr. Markus Schwipper, Maximilian Frieling, Christopher Kraus (all Labour Law)

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