Porterhouse Group AG, a family owned

investment holding company based in Lucerne, has been accepted by the

creditors’ committee to acquire the clinic group Paracelsus. The clinic group

Paracelsus is a private hospital operator with 40 facilities in 22 locations.

Completion is subject to the approval of the insolvency plans by the creditors’

committees and merger control approval by the German Federal Cartel Office.

Bär & Karrer acts as Swiss legal advisor

to Porterhouse in this transaction. The team includes Christoph Neeracher,

Raphael Annasohn and Jonatan Riegler (all M&A), Christoph Suter (Tax),

Laura Widmer (Employment), Micha Schilling (Financing), Charles Gschwind (Real

Estate) as well as Thomas Stoltz and Frédéric Mancosu (both Corporate and Notarial

Services). Gleiss Lutz acts as German legal advisor to Porterhouse in this

transaction.