Cima offers modular equipment for the storage and administration of drugs and care in healthcare establishments, as well as medical equipment for patient assistance under the Altitude brand and medical and rest chairs under its Pierson brand.
Since its investment in 2010, NBGI Private Equity has supported Praticdose’s continued development in its core sector, the long-term stay segment which includes retirement homes, as well as supporting significant organic growth that Praticdose has achieved in successful new product lines for short-term stay healthcare establishments (hospitals and clinics). The acquisition of Cima doubles the size of the group and adds further development potential.
The combined group will be led by Régis Guitard, the current Chairman of Praticdose and the former manager and founder of D’Medica, a distributor of medical equipment and one of Praticdose’s main clients, which is now part of the WELCOOP Group.
Régis Guitard, Chairman of Praticima, commented:
“Following a successful reorganisation of the management team at Praticdose, this partnership with Cima constitutes exciting opportunities for the combined team which will benefit from the better market coverage ensured by this deal.”
Laurent Allégot, Investment Director at NBGI Private Equity, added:
“One of NBGI’s core strategies is to create value by building major players in markets which have real consolidation potential. The acquisition first of Praticdose and now Cima to form Praticima is a great example of the strategy in action, and we look forward to the new opportunities that the combined Group can achieve.”
Advisers on the transaction included:
Investor NBGI Private Equity, Laurent Allégot, Yoann Malys, Mia Lauranti
Seller Founders, Gérard Bordin, Patrick Bessette
Buyer, lawyers HPML, Thomas Hermetet, Anna Gassner
Buyer, financial DD PwC, Erwan Colder
Buyer, legal and tax DD HPML, Thomas Hermetet, Rolland Berger & Associés, Philippe Rolland
Buyer, insurance DD ACBS, François de Sailly
Buyer, environmental DD ERM, Julien Famy
Seller, lawyers Fidal, Jérôme Vallançon
Seller, chartered accountant Hamelin Le Cardonnel, Bruno Louis
Senior banks Société Générale, Eric Pellan, LCL, Anne Le Goulven
Mezzanine bank CIC Mezzanine, Antoine Arlet
NBGI Private Equity
? NBGI Private Equity is a leading European private equity and venture capital investment firm founded in 2000, currently managing approximately €900 million across a number of different funds.
? Its funds invest in a range of different private equity sectors including lower mid-market buy-outs, growth capital for small and medium-sized companies, venture capital for technology businesses and real estate.
? Headquartered in London, NBGI Private Equity also has local presence in Paris, Athens, Istanbul, Sofia and Bucharest.
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College Hill 0207 457 2020
Rachel Thomas
Chantal Hadley