Carlyle Invests in German Clinic Chain Schoen

6/29/16

Buyout group Carlyle (CG.O) has bought a minority stake in German clinic chain Schoen to help the family-owned company expand in its home market as well as abroad, Schoen said on Wednesday.

Neither the size of the Carlyle’s stake nor the purchase price were being disclosed, a Schoen spokesman said.
Carlyle declined to comment.

People familiar with the deal had said Schoen – which also attracted final offers from CVC [CVC.UL], EQT and a private investor – would likely be valued at about 1.5 billion euros.

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