Entire Sales Process
In January 2018, the management of Mensch zu Mensch 24 GmbH & Co. KG filed for insolvency at the local court in Dortmund. On 16th January 2018, the local court in Dortmund appointed lawyer, Dr. Christoph Schulte-Kaubrügger (Dortmund) from White & Case, as the insolvency administrator over the assets of the company.
In April 2018, the assets of the insolvent company were sold to Mandischer GbR. The company takes on all employees. Mandischer GbR operates the “lebenswert Pflegedienst”, a service provider, which is active in outpatient care as well as in assisted living and day care. With the takeover, Mandischer GbR can significantly expand its regional offer and strengthen itself with qualified specialists.
The insolvency administrator mandated CVM Capital Value Management GmbH to support the search for an investor for the insolvent company. The CVM team led by Dominik Jaretzke conducted the entire sales process, from the identification of potential investors and the selection of the ideal partner to the successful finalization of the transaction in April 2018.