Zentrum Gesundheit, part of the NORD Holding portfolio, acquires Realeyes Group
Zentrum Gesundheit, a portfolio company of NORD Holding and the leading ophthalmology group in Lower Saxony, has acquired a majority stake in the Munich-based Realeyes Group. The transaction creates a leading ophthalmology group with two expansionary business clusters, in North and South Germany. The directors and founders of Realeyes remain on the board and also become shareholders of the Zentrum Gesundheit Group.
Realeyes is the market leader among premium providers of ophthalmology services in the Greater Munich area, with 126 employees at 21 sites. Realeyes offers a broad spectrum of medical treatment, as well as a growing range of refractive services.
Ronald Grott, Executive Director of NORD Holding:
“We were immediately impressed by the growth of the Realeyes Group and are delighted to be able to support the founders’ future expansion plans.”
Emanuel Janisch, Director of the Realeyes Group:
“The merger and partnership with the Zentrum Gesundheit Group is taking place on equal terms and on the basis of common values. We see much shared potential and are looking forward to our future collaboration.”
Dieter Hagedorn, Founder and Director of the Zentrum Gesundheit Group:
“Realeyes and Zentrum Gesundheit are both medically-led groups, so they make an excellent fit. We are looking forward to learning from one another and to further extending our market-leading positions together.”
For the Zentrum Gesundheit Group, this is already the eighth investment since the acquisition by NORD Holding in March 2019. Early in 2021 it purchased Klinik Flechsig GmbH in Kiel, which opened up the possibility of trans-regional purchases.
This transaction was supervised by Ronald Grott, André Seidel, David Wössner and Alexander Wambach from NORD Holding.
About Zentrum Gesundheit
Founded as a group practice in Leer in 1990, Zentrum Gesundheit has since become the leading specialist for ophthalmology in North Germany. With 19 sites, Zentrum Gesundheit manages the largest group of ophthalmology medical care units in Lower Saxony and Bremen. The Group employs more than 313 individuals, most of whom are doctors or qualified medical assistants. As such, Zentrum Gesundheit provides the entire range of ophthalmology services under one roof, with a medical focus on the treatment of cataracts and diabetic and age-related retinopathies.
For further information, please visit www.zentrumgesundheit.de
About NORD Holding
With a more than 50-year history and assets under management of € 2.5 billion NORD Holding is one of the leading private equity asset management companies in Germany. Our business consists of the Direct Investments and the Fund Investments divisions.
The main focus of the Direct Investments business is on structuring and financing of company succession models, the takeover of group departments / subsidiaries as well as expansion financing for medium-sized companies. In contrast to most other financial investors who only manage funds for a limited period, NORD Holding acts as a so-called "Evergreen Fund" without a time limit and invests from its own balance sheet. The company is currently invested in more than 15 companies in Germany and other German-speaking countries.
The Fund Investments division targets the small-cap segment of the European private equity market and focuses on primaries, secondaries and co-investments. NORD Holding concentrates strongly on buyout managers newly established on the market, operational investment strategies and regularly acts as an anchor investor.