Transaction of a multi-profile clinic and hospital

10 March, 2017

Our team advised on the transaction of Bendrosios medicinos praktika, a multi-profile clinic and hospital with 23-years history of medical excellence.

Our corporate team represented the sellers (management of the target) in selling 100% of the target’s stake. Together with the opposing party’s lawyers, we drafted the share purchase agreement and all related documentation, also were responsible for supervision and swift implementation of the due diligence procedure. This transaction has also required the permission by the Competition Council.

The clinic provides highest quality medical services which comply with European standards and is a major site of attraction for medicine tourism. This transaction will firstly benefit the patients, as the clinic operates on purpose to take care of any special needs of the patients. It will enable the clinic to widen the provision of multi-profile treatment. Additionally, the transaction will help to strengthen multidisciplinary teams which are able to seamlessly provide patients with the best possible methods for preventing, predicting and treating various diseases and conditions as the buyer is a dynamic, flexible and rapidly growing pharmacy chain.