Goodwin has advised CAPZA Private Debt on the refinancing of the acquisition of Primed Group, a leading medical device manufacturer and supplier of sterile surgical equipment in Germany.
Primed Group was acquired by Paragon Partners in November 2023, to support its ongoing growth and expansion, reinforcing its leading position in the market. Through this transaction, CAPZA arranged a unitranche for the refinancing of Primed Group, which aims to expand the existing product range, develop new proprietary products, and enable the company to pursue strategic growth opportunities, both organically and through targeted acquisitions.
CAPZA is a long-standing private debt manager and the chosen partner of top tier European private equity sponsors for mid-market financing. Created in 2004, CAPZA has built a track record of 20 years with more than 140 transactions in private debt (340+ including private equity). With more than €9 billion AUM, its unique platform allows CAPZA to support companies over the long term by providing them with custom-made financing solutions. CAPZA is a generalist but has built up strong expertise in supporting companies in the health, technology and services sectors. The Primed Group, headquartered in Halberstadt, Saxony Anhalt, is a leading provider of high-quality medical consumables and sterilization services. With more than 450 employees and in-house capabilities for all relevant manufacturing steps, Primed is deeply vertically integrated as a developer, manufacturer, sterilization service provider and distributor. Primed's products are used in hospitals, the home care sector and other medical facilities in more than 60 countries worldwide.
Founded in 2004, Paragon is one of the leading private equity firms in the DACH region. Paragon works closely with its portfolio companies to achieve sustainable growth and operational excellence. Paragon’s portfolio covers various industries and currently consists of 13 companies. The firm is headquartered in Munich, Germany, and has more than EUR 2.4 billion of equity under management.
Goodwin’s transaction team was led by partner Winfried M. Carli and counsel Andreas Breu and included associate Jakob Lutzenberger and transaction lawyer Rina Omura (Private Equity/Finance, Munich), partner Oded Schein and associate Philipp Lauer (both Tax, Munich).