Going Private • Healthcare Services

Nordic Capital and Apax Acquire Unilabs

On August 7, 2007, private equity firms Nordic Capital and Apax acquired healthcare services company Unilabs

Acquisition Context
  • This is Nordic Capital’s 4th and Apax’s 8th transaction in the Healthcare Services sector.
  • This is Nordic Capital’s 4th and Apax’s 2nd transaction in Switzerland.
Investment Fate
  • Unilabs was sold to a consortium of financial buyers in 2021.

Explore All 51 Going Private Healthcare Services Deals - Search the Database Free


M&A Deal Summary

Date August 7, 2007
Target Unilabs
Sector Healthcare Services
Buyer(s) Nordic Capital
Apax
Deal Type Going Private

Target Company

Unilabs

Geneva, Switzerland
Unilabs is a European supplier of clinical laboratory testing and medical diagnostic imaging services to private and public healthcare providers, local governments, insurance companies, pharmaceutical companies, and the general public. It operates laboratory and medical diagnostic imaging facilities in 15 countries: Czech Republic, Denmark, Finland, France, Italy, KSA, Norway, Peru, Portugal, Slovakia, Spain, Sweden, Switzerland, UAE, and the United Kingdom. Unilabs was founded in 1987 and is based in Geneva, Switzerland.
Explore More Deals

Browse All 215,158 Deals

FILTER BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Search Free

Buyers Overview 2

Buyer

Nordic Capital

Stockholm, Sweden

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1989
PE ASSETS 31.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Nordic Capital is a private equity investment firm that targets mid to large-sized company investments located in Northern Europe as well as the US. Nordic seeks investments across a wide range of industries and prefers situations where there are 'opportunities for new industrial combinations, strategic repositioning, international expansion and operational improvements'. Nordic Capital was formed in 1989 and is based in Stockholm, Sweden.


Deal Context for Buyer #
Overall 47 of 142
Sector: Healthcare Services 4 of 9
Type: Going Private 2 of 8
Country: Switzerland 4 of 5
Year: 2007 3 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-06-07 Personec AB

Sweden

Personec is the largest provider of human resources and financial management solutions, as well as consulting  and outsourcing services, in the Nordic region. Personec’s business idea is to help its customers streamline their  business support processes through the use of specialized knowledge and powerful IT systems. The company  employs 1,300 experts and has a customer base of about 18,000 organizations representing different business areas within both the  public and  private  sectors in  Sweden,  Finland,  Norway, Denmark  and  Estonia.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-10 Brightpoint

Indianapolis, Indiana, United States

BrightPoint provides a suite of end-to-end supply chain and customization solutions to manufacturers, retailers and carriers in the wireless device industry.

Sell -
Buyer

Apax

London, United Kingdom

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1981
PE ASSETS 77.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION

Apax Partners is a mega-sized private equity investment group, operating across the United States, Europe, Israel and Asia. Broad industry sectors of interest include tech & telecom, media, retail & consumer, healthcare, financial services, and business services. Apax will consider both minority and majority investment positions and prefers companies with strong market positions and growth potential. The Firm generally pursues platform acquisitions valued from $1 to $5 billion. Apax Partners was formed in 1981 and is based in London.


Deal Context for Buyer #
Overall 112 of 266
Sector: Healthcare Services 8 of 14
Type: Going Private 7 of 23
Country: Switzerland 2 of 4
Year: 2007 7 of 12
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-03 Encompass Home Health

Dallas, Texas, United States

Encompass Home Health, Inc. (fka Advanced Homecare Management) is a provider of Medicare home nursing services in the large and highly fragmented Texas, Oklahoma and New Mexico markets.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2007-08-16 ALM Media

New York, New York, United States

ALM Media is a content and information services business, providing subscription-based, must-have news, insights, data, and analyses to legal, insurance, finance, commercial real estate, consulting, and business professionals. ALM’s premier brands, such as The American Lawyer, National Law Journal, New York Law Journal, ThinkAdvisor, Judy Diamond, Kennedy Consulting, and Real Estate Media provide critical, timely, and unique information to users regionally, nationally and internationally. ALM Media was founded in 1998 and is based in New York, New York.

Buy £315M