M&A Deal Summary

AddLife AB Acquires Healthcare 21

On April 12, 2021, AddLife AB acquired medical products company Healthcare 21 from H2 Equity Partners

Acquisition Highlights
  • This is AddLife AB’s 4th transaction in the Medical Products sector.
  • This is AddLife AB’s 1st transaction in Ireland.

M&A Deal Summary
Date 2021-04-12
Target Healthcare 21
Sector Medical Products
Buyer(s) AddLife AB
Sellers(s) H2 Equity Partners
Deal Type Add-on Acquisition
Advisor(s) KPMG Corporate Finance LLC
William Blair (Financial)
Eversheds LLP (Legal)

Target

Healthcare 21

Ballincollig, Ireland
Healthcare 21 works with medical device companies and helps them drive growth and achieve quicker, more efficient routes to market through existing and new channels. The company supplies world-class training for healthcare products and provides state-of-the-art distribution and logistics, and asset tracking with speed and accuracy so that partners are always fully aware of their product’s journey in the supply chain and can rest assured delivery is safe, transparent, and fully accountable. Healthcare 21 was formed in 2003 and is headquartered in Ballincollig, Ireland.

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Buyer(S) 1

Buyer

AddLife AB

Stockholm, Sweden
Category Company
Sector Medical Products
Employees425
Revenue 1.7B SEK (2015)
DESCRIPTION

AddLife AB is an independent player in the life science sector, offering high-quality products, services and advice to the private and public sectors, above all in the Nordic region.

DEAL STATS #
Overall 6 of 6
Sector (Medical Products) 4 of 4
Type (Add-on Acquisition) 5 of 5
Country (Ireland) 1 of 1
Year (2021) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-04-08 AddVision

Robdorf, Germany

AddVision is a full-service company providing high-quality ophthalmic supplies and services used by eye surgeons for surgery and diagnostics. AddVision is based in Robdorf, Germany.

Buy -

Seller(S) 1

SELLER

H2 Equity Partners

Amsterdam, Netherlands

Investor Investor Investor

Category Private Equity Firm
Founded 1991
PE ASSETS 500M EUR
Size Middle-Market
Type Sector Agnostic
DESCRIPTION
H2 Equity Partners' Amsterdam headquarters.
H2 Equity Partners' Amsterdam headquarters.

H2 Equity Partners is an independent private equity group focused on mid-sized turnaround-and-growth investments in the Benelux, Germany, and the UK. H2 looks for businesses facing operational, financial and/or managerial challenges, or sectors 'poised for consolidation'. H2 is a generalist investor, with no specific areas of interest. However, in the past, the firm has targeted opportunities in paper/board, steel, healthcare, media/communications, building products, consumer products, and fashion. H2 can invest in the rang of €5 to €25 million per transaction. H2 Equity Partners was formed in 1991 and has offices in Amsterdam, Munich, and London.

DEAL STATS #
Overall 30 of 37
Sector (Medical Products) 3 of 4
Type (Add-on Acquisition) 16 of 20
Country (Ireland) 1 of 1
Year (2021) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-02-01 Faber Electronics

Velp, Netherlands

Faber Electronics is active in the space of circuit boards, which provide the core to any electrical apparatus. The company provides services, such as, (co)development, prototyping, assembly of complex circuit boards and components and box-build services. Faber Electronics was founded in 1947 and is based in Velp, Netherlands.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-07-01 Pluto Sport

Ter Aar, Netherlands

Plutosport is an online retailer of sports and athleisure footwear, apparel and accessories. Pluto Sport was founded in 2005 and is based in Ter Aar, Netherlands.

Buy -
Mergr

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Legal