The healthcare sector will continue to be one of the most exciting in the Nordic region. But success will require creativity and vision as well as a wide range of skills.
In the Nordic region the healthcare sector continues to attract more interest than many other sectors. For one thing, the bulk of the sector is still in government hands, but pressure on public finances, which can only grow as the population ages, means a wave of privatizations and privately financed projects.
In addition, Nordic healthcare businesses are seen as high-quality assets: attractive, stable companies yielding steady cash flows in a growth market. In short, this is a sector in rude health, with plenty of good opportunities. Political pressure does impact the sector, though, and this will further emphasize the need for highly experienced legal support with a wide array of capabilities, including transactional, regulatory, tax and structuring, IPR and competition law.
Roschier’s lawyers have unparalleled experience in healthcare work. They have been involved in most, if not all, of the large healthcare transactions in the Nordic region over the last 10 years, giving them exceptional knowledge of the sector and its major players.
Examples include Investor’s acquisition of Aleris from EQT; Industri Kapital’s acquisition of Attendo from Bridgepoint and the subsequent acquisition of MedOne from Sponsor Capital by Attendo; 3i’s purchase of Carema and its merger with Mehiläinen to form Ambea; Bridgepoint’s public offer for Terveystalo; and CapMan’s acquisition of Esperi.
Roschier’s success is based not just on its transactional prowess, but also on its deep understanding of the sector’s systemic risks – risks that are political and reputational as much as legal. The firm also offers its clients strong regulatory and IPR expertise, which are crucial when servicing the healthcare sector.
As the field develops, there will be bigger and newer types of transactions, with political elements, data protection concerns, outsourcing angles and new sources of funding. In this young sector, the most successful players will combine creativity and knowledge with a clear vision of where public and private should meet.