Transaction
Pava Partners advised IK Investment Partners (“IK”) on the acquisition of Ondal Holding GmbH (“Ondal”), a leading Original Design Manufacturer (“ODM”) of medical pendant systems. Pava Partners acted as both M&A and Debt Advisor for IK.
Pava Partners has advised IK on a combined M&A and Debt Advisory transaction for the third time within the last 18 months and also successfully completed its fifth healthcare transaction in 2019.
Client
About IK Investment Partners
IK Investment Partners (“IK”) is a Pan-European private equity firm focused on investments in the Nordics, DACH region, France, and Benelux. Since 1989, IK has raised close to €10 billion in capital and invested in over 130 European companies. IK funds support companies with strong underlying potential, partnering with management teams and investors to create robust, well-positioned businesses with excellent long-term prospects.
For more information, please visit www.ikinvest.com.
Target
About Ondal
Founded in 1945, Ondal has become the global #1 provider of medical pendant systems. With its innovative and broad product portfolio applied in settings such as operating rooms, intensive care units as well as diagnostic and imaging rooms, Ondal sets the global quality standard for medical pendant systems in terms of reliability, functionality and usability. Products manufactured by Ondal are internationally certified in various regulated markets, ensuring compliance with the highest quality standards. Headquartered in Hünfeld, Ondal operates three strategically located manufacturing sites in Germany, the US and China, employing over 500 people and reaching sales of c. €80 million.
For more information, please visit www.ondal.com.
