Liberta Partners acquires Medas Factoring
Munich — Liberta Partners (“LIBERTA”) acquires Medas Factoring GmbH (“MEDAS”) from the company’s founder Klaus Brecht in the course of a succession situation. The two managing directors of MEDAS, Jördis Wehrstedt and Peter Wieland, are participating in the company together with Liberta.
MEDAS is a service provider for physicians of all specialties, clinics and other customers from the medical professions with privately insured patients. MEDAS offers a comprehensive fee management, which includes the preparation of invoices, but also the corresponding control including the dispatch and the dunning process for the private liquidation. A total of around 1,500 customers are served from the company’s headquarters in Munich. Around 1 million invoices with a billing volume of approximately EUR 200 million are processed annually. The customer network extends across Bavaria, Berlin, North Rhine-Westphalia and Baden-Württemberg, with the focus currently on Bavaria.
Commenting on the sale, company founder Klaus Brecht said: “I am pleased to have found a strong shareholder for MEDAS in LIBERTA. LIBERTA, with its entrepreneurial approach to development, will help MEDAS to continue to grow as a company. This is a positive signal for our long-standing customers, employees and partners, as the succession is now secured for the long term.”
The management of MEDAS, Jördis Wehrstedt and Peter Wieland added “We are pleased about the entry of LIBERTA and look optimistically into the future. LIBERTA’s expertise promises a steady and sustainable further development of MEDAS. We look forward to LIBERTA’s support and new approaches.”
Nils von Wietzlow, Partner of LIBERTA (photo, © Liberta Partners) and responsible for succession solutions, underlined: “MEDAS is an established company with a strong name. Its excellent reputation in the market will form the basis for further growth. We see potential for such growth both organically and inorganically. At the same time, we would like to continue to drive the digitization trend in order to prepare MEDAS for new requirements. We would like to thank Klaus Brecht for the trust he has placed in us and will closely accompany MEDAS on the path we are striving for.”
This is the eighth investment of Liberta Partners Fund II, which closed in October 2019. The fund invests in group spin-offs and succession situations of family businesses with a strong focus on supporting the operational development of its portfolio companies.
About Medas Factoring GmbH
MEDAS, based in Munich, was founded in 1980 and is a billing service provider for physicians. As such, MEDAS serves over 1500 customers throughout Germany — physicians of all specialties, clinics and chief physicians, physiotherapists, psychotherapists, alternative practitioners, occupational therapists and customers from other healing professions. With over 60 employees, MEDAS can guarantee personal attention to each customer. For more information, visit: www.medas.de
About Liberta Partners
Liberta Partners was founded in 2016 and is a multi-family holding company based in Munich. Liberta Partners invests in companies in German-speaking countries with operational and strategic development potential, especially in succession situations and corporate spin-offs. These are actively developed as part of the long-term “100% Core & Care” concept and benefit from Liberta Partners’ innovative entrepreneurial understanding. Liberta Partners’ team currently consists of 14 employees working in M&A, corporate development and legal, as well as an active industry advisory board. www.liberta-partners.com