Reinhart Marville Torre accompanied the shareholders of Healthmark Industries in the sale of shares to the Swedish company Getinge, regarding the French aspects and the subsidiary LTA MEDICAL. The total amount of the operation is approximately 320 million dollars.

HEALTHMARK INDUSTRIES develops, manufactures, and markets innovative solutions to assist healthcare facilities in providing patients with surgical instruments and other medical devices crucial for saving lives.

LTA MEDICAL, with all its manufacturing units located in France, specializes in the design and production of high-quality brushes used in Central Sterilization Units (CSU) for the cleaning and reprocessing of medical devices and endoscopy equipment.

This strategic move strengthens Getinge’s presence in the American sterile reprocessing market and helps Healthmark to expand globally.

Other parties involved in the transaction:

• US legal counsel for the seller: Howard & Howard
• US legal counsel for the buyer: Covington
• French legal counsel for the buyer: Jeantet (Karl Hepp de Sevelinges, Ruben Koslar, Nicolas Martin)

Reinhart Marville Torre accompanied the Septeo group – the leading player in the digitalization of legal and real estate professions in France – in diversifying its activities with the acquisition of Sequoiasoft, a major player in software solutions dedicated to hotels, restaurants, spas, and campsites.

Septeo, through its software solutions, strives to free professionals from their constraints, supporting them in each of life’s significant moments. The acquisition of Sequoiasoft, a group specializing in software development for hospitality (accommodation, food service, wellness), aligns with this mission: Septeo, behind every moment of life.

More than a diversification, it’s a continuity of the strategic positioning of the Septeo group. The acquisition of Sequoiasoft also allows the Septeo group to expand its international presence by taking a significant position in Spain.

Sequoiasoft, acquired 100%, was 70% owned by the investment fund MBO+ and 30% by its management.

Other parties involved in the transaction:

• Legal counsel for the seller: Lamartine Conseil
• Legal, tax and HR due diligence: M&B Avocats
• Financial due diligence: EIGHT ADVISORY
• M&A advisor for the seller: CAMBON Partners
• Financial vendor due diligence : EY TS

Created in 1990, Reinhart Marville Torre is a business law firm with 65 attorneys who provide both advisory and litigation services to companies and their executives, assisting and advising them in their legal and judicial strategy.

The firm has gradually expanded its services to cover all areas of business law: corporate, financing, litigation, competition law, labor law, tax law, public law, liability and professional & industrial risks, real estate law.

The Corporate team regularly works on complex operations, involving development and restructuring, that have strategic implications for companies.

Our corporate & financing department is involved in mergers and acquisitions, investment capital, and private equity operations, advising our clients, companies, sports groups, entrepreneurs, and investment funds, in the structuring and realization of their operations.