Kirkland advises TA Associates on takeover offer for Nexus
Munich — Kirkland & Ellis advises TA Associates, one of the leading global private equity firms, on the closing of an investor agreement with Nexus AG (“Nexus”) and the voluntary public tender offer for all outstanding shares of Nexus.
The transaction is subject to regulatory and foreign trade clearances and other customary closing conditions. The offer implies an equity valuation of Nexus of approximately EUR 1.21 billion.
About Nexus AG
Nexus AG develops and distributes software solutions for the international healthcare market. With the clinical information system (Nexus / HIS) and the integrated diagnostic modules, we now have a uniquely broad and interoperable product range that can cover almost all functional requirements of hospitals, psychiatric clinics, rehabilitation and diagnostic centers within our own product families. Nexus AG employs around 2,030 people, has its own sites in nine European countries and serves customers in a further 71 countries, in some cases via certified dealers. Thanks to continuously growing demand for Nexus products, we have been able to build up a large customer base in recent years and regularly report rising sales and results. www.nexus-ag.de
Advisor TA Associates
Kirkland & Ellis, Munich: Dr. Benjamin Leyendecker, Foto (lead); Associates: Dr. Johannes Rowold, Juliane Hubert, Frederick Eggert, Melissa Afraz (all Private Equity/M&A)
Kirkland & Ellis, London: Sam Sherwood; Associates: Adrian Kilercioglu, Ben Egan (all Debt Finance) About Kirkland
Kirkland & Ellis, with more than 3.500 lawyers in 21 cities in the USA, Europe, the Middle East and Asia, Kirkland & Ellis is one of the leading law firms for high-caliber legal services. The German team specializes in private equity, M&A, restructuring, corporate and capital markets, financing and tax law.
For more information, please visit www.kirkland.com.