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Deal Date: 23-07-2014 Practice Area: Corporate and M&A
Deal Title: Fresenius Medical Care Acquisition of Sound Inpatient Physicians Industry: Healthcare Equipment & Services
Description:
Dentons advised Fresenius Medical Care, a Germany-based global health care company, in its USD600 million acquisition of a majority of the equity interests in Sound Inpatient Physicians Inc., one of the leading providers of hospitalist physician services in the United States. The acquisition allows Fresenius, one of the largest dialysis companies in the world, to pursue its strategy of expanding its health care service offerings. Sound Physicians, with 1,000 physician partners in more than 100 hospitals and post-acute care centers across the US, intends to expand its clinical capabilities to additional care facilities nationwide. The team was led by Chicago Corporate partner Michael Froy and included key contributions by Dentons lawyers around the US.
Financial Center: Chicago Value: 500.01-1000.00
Advised Party: Acquiror Law Firm
Target Company Jurisdiction: United States Acquiror Jurisdiction: Germany
Classification: Strategic Buyer Acquisitions Private Company
Lawyer Michael M Froy