Renzenbrink & Partner advises TeamVet on the acquisition of Tierklinik Lüsche
22. December 2023Renzenbrink & Partner advised TeamVet Beteiligungs GmbH on the acquisition of Tierklinik Lüsche GmbH.
Tierklinik Lüsche GmbH (“Lüsche“) is one of the largest and most renowned equine clinics in Germany and Europe. Based in Bakum, Lower Saxony, Lüsche employs more than 120 veterinarians, equine experts and support staff. As part of this transaction, TeamVet Beteiligungs GmbH (“TeamVet“) has also acquired a minority stake in Equine Supplement Service GmbH, a premium supplier of veterinary feed and care products.
TeamVet is a leading German independent association of veterinary clinics and veterinary practices specializing in equine medicine. TeamVet promotes professional cooperation between the individual clinics in order to realize revenue and cost synergies and to provide further training for the veterinarians working in the association.
Renzenbrink & Partner advised TeamVet comprehensively on legal and tax matters as well as on the reinvestment of certain sellers in TeamVet. Lüsche is the latest in a series of acquisitions by TeamVet in 2023, on all of which TeamVet was advised by Renzenbrink & Partner.
Renzenbrink & Partner advised TeamVet with a team consisting of Dr. Niels Maier (Partner/Private Equity), Moritz Rojek (Senior Associate/Private Equity), Malte Pulmer (Associate/Private Equity) as well as Marc Kotyrba (Partner/Tax) and Marie Eikmeier (Associate/Tax).