Gide advised MEDI-system on the acquisition of elderly care facilities

The “Angel Care” Facility in Wrocław, which was the subject of the first of the transactions, is a comprehensive elderly care facility, caring for seniors with various needs, both independent seniors and individuals requiring round-the-clock assistance, including those suffering from dementia. The centre will be the ninth such facility run by MEDI-system in Poland.

Gide advised on all legal matters concerning the project, from conducting a due diligence investigation into the company running the Angel Care Facility, to preparing and negotiating all the transactional documentation.

The project was carried out by a Gide team headed by Dariusz Tokarczuk (partner in charge of Gide Warsaw, legal counsel) and Błażej Czwarnok (counsel, advocate), and included, in particular, Joanna Karkoszka (associate, avocat à la cour) and Anna Ratajczyk-Sałamacha (associate, legal counsel).

Less than a month before, in December 2017, Gide also finalised the acquisition of the Ostoya Care Facility in Stare Babice near Warsaw by MEDI-system from Allenort Capital Fund.

The due diligence of the target companies and the transactional documentation was performed by a team headed by Tomasz Roszczyc (associate, advocate) and Błażej Czwarnok (counsel, advocate).

These projects continue the long-term cooperation between the MEDI-system network and Gide, which in 2015 provided comprehensive advice on the acquisition of a Polish company by the French Orpea Group.