Client Case: hg medical | Page 2

goetzpartners has played a
vital role in providing a tailored
financing solution in a complex
cross-border transaction. We
have been very pleased with the
ongoing support and deep
expertise the goetzpartners
team has showcased
throughout the entire, tight-knit
process. We want to thank
goetzparters and are looking
forward to future engagements.
RONALD GROTT
Member of the Investment
Committee
hg medical
Nord Holding participated in a competitive M&A process organized by
Quarton International to acquire hg medical group, a leading German
and US based vertically integrated contract manufacturer for orthopedic
implants.
goetzpartners Debt Advisory was mandated to structure an optimal
acquisition financing solution and to arrange a competitive financing
process to secure optimal terms.
Based on the existing management case we derived the financing case as
well as the covenant model based on more conservative planning
assumptions and including the optimal financing structure.
In a first step, goetzpartners Debt Advisory approached relevant banks
and debt funds to participate in the acquisition financing process. Via
our extensive financing network and good market contacts we ensured
that most relevant financing parties were approached.
By managing the whole information process, we ensured an optimal
lender education and that tailor-made information was provided to
lenders via due diligence reports as well as during due diligence calls and
the management presentation.
Meeting a tough timeline, we successfully managed to obtain several
term sheets and commitment letters for the acquisition financing in
time to enable Nord Holding to provide most competitive bid during the
M&A process and to meet its short exclusivity timeline for the successful
signing of the SPA.
Based on the established acquisition financing solution, hg medical is
optimally set up for future organic and inorganic growth.
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© goetzpartners, September 2020