German private equity firm Aurelius (ETR: AR4G) said it acquired The Hospital Group, one of the UK’s foremost cosmetic and weight-loss surgery providers. With approximately 300 employees, the company generated revenues of almost EUR 40 million in 2015.
The Hospital Group, founded in 1992 and based in Birmingham, is a leading provider of cosmetic procedures in the UK, as well as a market leader in weight loss treatments. The company operates the largest cosmetic surgery hospital in Europe together with 15 clinics across Great Britain. The Hospital Group boasts high patient satisfaction rates in its four business areas of cosmetic surgery, weight loss, cosmetic dentistry, and non-surgical treatments.
There is a potential for revenue and cost synergies between The Hospital Group and Transform Group, which Aurelius acquired a year ago. Transform, which comprises 27 clinics across the UK and two dedicated cosmetic surgery hospitals in Manchester and London, is the domestic market leader in cosmetic surgery.
“With the acquisition of The Hospital Group and Transform, we have reached a leading position in the British market for cosmetic surgery and treatment. We see large growth potential in this market for the coming years,” commented Gerhard Engleder, vice president of Aurelius Group.
Aurelius invests in medium-sized special situation companies, such as corporate spin-offs with development potential. The firm focuses on sectors such as: industrial enterprises, chemicals, business services, consumer goods, food and beverages, cosmetic surgery, information technology (IT), as well as telecommunications, media and technology (TMT).
Aurelius operates through offices in Munich, London, Stockholm and Madrid, and through subsidiaries in Germany, the United Kingdom, France, Poland, the Netherlands, Switzerland, Norway, Belgium, Luxembourg, Slovakia, Slovakia, Slovenia, the United States, China, Malaysia, India, Thailand and South Korea.
The firm’s subsidiaries include Calumet Photographic, Bowens Lighting, CDGP, Blaupunkt, Ghotel, Isochem, LD Didactic Group, Secop, Publicitas, Getronics IDS, Regain Polymers Holdings and Transform Medical Group, among others.
Shares of Aurelius Equity Opportunities SE & Co. KGaA are listed in the m:access segment of the Munich Stock Exchange and are traded on all German stock markets under ISIN DE000A0JK2A8.