Dechert Advises ArchiMed on Acquisition of Direct Healthcare Group

December 18, 2019

Dechert advised ArchiMed on its recent acquisition of Direct Healthcare Group from Northedge Capital. The cross-border transaction was secured by a competitive auction process and involved working across multiple jurisdictions including the United Kingdom, Luxembourg and France. 

ArchiMed, Europe’s first independent private equity fund focused exclusively on the healthcare industry, is a strategic and financial partner to European and North American companies.

Direct Healthcare Group has primarily focused on solutions relating to patient movement and health. Following its acquisition by ArchiMed, Direct Healthcare Group will target strategic acquisitions with the aim of expanding its business and operations across Europe.

The Dechert team included corporate partners Ross Allardice and Alain Decombe; financial services partner Jean-Louis Frognet; financial services national partner Laura Rossi; life sciences regulatory national partner Sophie Pelé; corporate associates Jamal Tuhin, Ruth Taylor, Heidi Fitchett, Tony Brown, Jonathan Groves, Anthony Frost, Rose Limaye and Xavier Leroux; real estate finance associate Isaac Bordon; intellectual property associate Madeleine White; tax associate Nicolas Kokkinos; employment associates Jennifer Hill and Alexis Westwood; life sciences regulatory associate Jessica Garestier; and financial services associate Rui Cheng. 

“We are delighted to be part of the team who advised on this strategic cross-border acquisition which extends ArchiMed’s healthcare portfolio assets and expansion across Europe,” said Ross Allardice.

About Dechert

Dechert is a leading global law firm with 26 offices around the world. We advise on matters and transactions of the greatest complexity, bringing energy, creativity and efficient management of legal issues to deliver commercial and practical advice for clients.