Noerr advises NORD Holding on acquisition of implant manufacturer HG Medical

A team led by Noerr’s Munich Private Equity partner Holger Ebersberger have advised NORD Holding on the acquisition of implant manufacturer HG Medical. The seller is HG DARCO Group, LLC, from which NORD Holding is acquiring the shares of HG Medical GmbH and HG Medical USA, LLC.

The engagement also includes advising on the financing of the acquisition. The Noerr Finance team is headed by Torsten Wehrhahn and Michael Schuhmacher.

HG Medical is a vertically integrated contract manufacturer of orthopaedic implants. Its customers include in particular FDA-regulated US medical technology companies that HG Medical supports in the technical implementation of product innovations, development services and individual customer solutions. It specialises in technically challenging and complex implants.

The company currently has 143 employees at two locations: Raisting, Bavaria and Huntington, West Virginia, USA.

HG Medical’s new shareholder, NORD Holding, is a leading private equity asset manager with holdings of more than €2 billion. This spring, a Noerr team led by Holger Ebersberger advised NORD Holding on the acquisition of a majority stake in the IT service provider EWERK.

Advisors to Nord Holding Unternehmensbeteiligungsgesellschaft mbH

Lead
Overall transaction: Holger H. Ebersberger (Munich, Private Equity)
Banking and Finance: Dr Torsten Wehrhahn, Michael Schuhmacher (Frankfurt)

Private Equity
Dr Dominik Waldvogel, Julia Hecht, Nicole Kaps, Daniel Prexler, Franziska Nebollieff (Munich)

Employment and Pensions
Dr Benjamin Jahn, Dr Michael Wilhelm Weber, Christian Kurz (Munich)

Banking and Finance
Pinar Turkac, Richard Schwens, Dr Dorian Legel (Frankfurt)

Data Protection
Julian Monschke (Frankfurt)

Digital Business
Dr Torsten Kraul (Berlin), Dr Jan Dinter, Kristin Kohser (Dresden)

Intellectual Property
Dr Christoph Rieken, Katja Schmitt, Natalie Oei (Munich)

Real Estate
Manuel Lomb, Isabell Wunder (Munich)

Antitrust
Dr Fabian Badtke (Frankfurt)

Medical
Dr Isabel Jakobs (Munich)

Regulatory
Hendrik Schlutt (Dresden)

Tax
Dr Elmar Bindl, Dr Sebastian Leidel, Carolin Vettermann (Munich)

Butler Snow LLP (USA): Cara Baer, Jim Lawless, Brande Boyd, Kristin Kohser, Kara Shea, Gilbert van Loon, Angie McEwen