We advised Medicum Group and Livonia on the acquisition of the private clinic Fertilitas. As a result of the transaction, the group will become a healthcare organisation with more than 700 employees.
The strategic acquisition is beneficial for patients as well
Following the transaction, Medicum will become the largest contractual partner of the Health Insurance Fund among private healthcare providers of specialised medical care, offering diagnostic and treatment services across 18 medical specialities.
“We have worked closely together for years, and this merger is the logical next step. With the addition of Fertilitas, we are creating strong synergy across several treatment areas, as our competencies in surgical specialties, rehabilitation and radiology complement each other,” said Tõnis Allik, member of the management board of Medicum Group.
With Fertilitas joining the group, Medicum will gain four specialised outpatient care centres, as well as a modern hospital with an operating theatre unit in Viimsi. All nine Medicum and Fertilitas centres in Tallinn, Harju County and Tartu will remain open for patients.
The transaction will enter into force following approval by the Competition Authority. By agreement between the parties, the details of the transaction will not be disclosed.
Our services and client team
We supported the client throughout the entire transaction, including conducting a legal audit, preparing the transaction documentation, and advising the client throughout the negotiations.
Our client team was led by counsel Triin Ploomipuu and partner Toomas Prangli. The team also included partner Kaido Künnapas, counsels Pirkko-Liis Harkmaa and Piibe Lehtsaar, senior associates Verner Silm and Liisa Maria Kuuskmaa, and associates Karina-Anette Kiristaja and Karl Oskar Pungas.
