Waterland-backed Rehacon bolts on Anita Brüche

The acquisition strengthens Rehacon's regional presence in Hamburg and expands its portfolio of services, including the capability to offer home visits to patients. The company also operates a training academy.

Waterland acquired a majority stake in Rehacon, a physiotherapy provider that operates 100 centres, in January 2019. Capital for the deal was drawn from Waterland Private Equity Fund VII. Rehacon has a turnover of €36m and employs 600 people. The GP will continue to support it in further acquisitions of therapy centres.

The transaction is expected to close in late May.

Waterland sold another of its healthcare platforms, Zentrum Gesundheit, in March 2019, and launched sale processes for rehabilitation clinics group Median Kliniken and fertility clinics group VivaNeo.

Company
Based in Hamburg, Therapiezentrum Anita Brüche is a provider of physiotherapy services, occupational therapy and speech therapy. It employs 50 people and treats more than 10,000 patients annually.

People
Waterland – Carsten Rahlfs (managing partner).
Rehacon – Michael Reeder (founder, CEO).
Therapiezentrum Anita Brüche – Anita Brüche (founder).

Advisers
Company – Dr Urbanek Corporate Finance (corporate finance).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• Expansion
• DACH
• Healthcare
• Waterland Private Equity
• healthcare
• Buy-and-build
• Build-up
• Acquisition finance
• Germany