Waterland strengthens ATOS clinics by acquiring second leading hospital in Cologne
Hamburg/Munich/Cologne, 30. November 2018 – Waterland Private Equity has expanded its portfolio company ATOS to include a second location in Cologne. MediaPark Klinik is a premium hospital specialising in orthopaedics, with a focus on fields such as trauma surgery, sports medicine, osteopathy and chiropractic. The acquisition will allow the ATOS group of specialised hospitals to enhance its sports medicine expertise. In combination with its ORTHOPARC Clinic, the addition of MediaPark Klinik also makes ATOS the largest regional provider of specialised orthopaedic surgery.
“MediaPark Klinik is one of the leading specialised orthopaedic hospitals in Germany and is a perfect addition to ATOS. The acquisition allows us to take a further step in our growth strategy,” says Martin von Hummel, CEO of ATOS. Dr Carsten Rahlfs, a managing partner at Waterland, adds: “We join ATOS in looking forward to the expansion of the team to include excellent doctors such as Dr Peter Schäferhoff, who has been team doctor of the association football club 1. FC Köln for over 20 years. We will continue supporting the quality and the growth strategy of MediaPark Klinik going forward.”
MediaPark Klinik: award-winning doctors for excellence in medicine
MediaPark Klinik has 65 beds, over 40 employees and six operating rooms offering medical and hygienic excellence. Together, the department of orthopaedics, osteopathy, chiropractic, sports medicine and physical therapy; the department of neurosurgery and spinal treatment (spine centre); and the department of internal medicine, sports medicine and preventive medicine form the core of the specialised hospital.
The institution has received multiple awards and employs a team of doctors who are often featured in Germany’s best-of lists. Three of MediaPark Klinik’s doctors – including Dr Thomas Stock (podiatric surgery), Dr Peter Schäferhoff (knee surgery and sports orthopaedics) and Dr Paul Klein (sports orthopaedics) – have won a total of four awards, according to the annual list compiled by the German news magazine FOCUS.
“For Waterland, the investment in ATOS clinics and the acquisition of MediaPark Klinik is a perfect match for our strategy of investing in high-growth, high-quality companies that are looking to play a leading role in their industries and expand their position,” says Dr Carsten Rahlfs.
ATOS was carved out of the alliance with MEDIAN in August 2016 so as to allow it to generate independent growth with the support of Waterland, the owners of both organisations. ATOS currently comprises six clinics, with ATOS Heidelberg and ATOS Munich having already used the name successfully for many years now. The portfolio also includes the leading Orthopedic Clinic Braunfels in the German state of Hesse, the STARMED Clinic in Munich and the ORTHOPARC Clinic in Cologne. Clinic Fleetinsel, located in Hamburg, is the latest addition to the group. The company manages a total of roughly 450 beds and some 500 employees. Twenty-six doctors at the six current ATOS clinics are featured on the list of top doctors published by the German news magazine Focus, with top-ranked specialists set to join the group following the acquisition of MediaPark Klinik.
ATOS plans to grow through partnerships with experts and specialised hospitals with up to 100 beds. The initial focus will be on elective orthopaedic procedures such as arthroplasty, with other areas of medicine slated for addition in the future.
Waterland is an independent private equity investment group that supports businesses in realising their growth ambitions. With substantial financial support and industry expertise, Waterland enables its portfolio companies to achieve accelerated growth both organically and through acquisitions. Waterland has offices in the Netherlands (Bussum), Belgium (Antwerp), Germany (Munich and Düsseldorf), Poland (Warsaw) and the UK (Manchester) and currently manages €6 billion in investor commitments.
In addition to ATOS, Waterland maintains investments in other companies in the healthcare sector, where it has extensive expertise. Waterland’s buy-and-build strategy focuses on growth through acquisitions. For example, Waterland developed the Median clinics through 16 acquisitions from the RHM Group. In 2011, the RHM Group managed just under 2,000 beds. Today, the Median clinics manage over 17,000 beds.
Since its founding in 1999, Waterland has consistently achieved top-tier investment performance. It ranks as the number-one global private equity firm in the latest annual HEC/Dow Jones Private Equity Performance Ranking compiled by Prof. Gottschalg of HEC Paris Business School in autumn 2016 and has regularly been among the top three consistently performing buyout fund managers worldwide in the Preqin Consistent Performers in Global Private Equity & Venture Capital Report in recent years.
fischerAppelt, relations GmbH
Phone: +49 40 899 699 347