Veonet GmbH

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Veonet GmbH - overview

Established

1982

Location

Munchen, -, Germany

Primary Industry

Healthcare

About

Veonet GmbH is a prominent network specializing in ophthalmology in Germany, providing advanced medical treatments and personalized care for various eye conditions. Founded in 1982, Veonet GmbH is involved in the ophthalmology sector, focusing on delivering specialized eye care services. The company is headquartered in Furth, Germany. It has completed a total of 4 deals, with the most recent deal occurring on December 3, 2021.


The current CEOs are Carla Naumann and Marcus Baer. In December 2021, PAI Partners and Ontario Teachers' Pension Plan acquired a 50% majority stake in Veonet GmbH from Nordic Capital, aiming to support and scale its growth. Veonet GmbH, through its network, offers a comprehensive range of services in ophthalmology, including cataract surgery, laser treatments for vision correction, and lens implantation procedures. Their services cater to both routine eye care and specialized treatments, ensuring high standards of patient care with an emphasis on integrating advanced medical solutions.


In the most recent year, 2021, Veonet reported a revenue of USD 4. 55 mn and an EBITDA of USD -533,073. 9, with a revenue model based on direct patient transactions and insurance reimbursements for their medical services. Veonet GmbH plans to utilize recent funding to enhance its growth and expansion strategies.


Although specific new product launches have not been detailed, the acquisition in December 2021 is expected to facilitate further scaling of operations and potential geographic expansion within the ophthalmology sector.


Current Investors

Adams Street Partners, Palamon Capital Partners, PGGM

Primary Industry

Healthcare

Sub Industries

Hospitals, Optometrists & Opticians Products and Services

Website

www.veonet-group.com

Company Stage

Mature

Total Amount Raised

Subscriber access only

Veonet GmbH - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleAnnouncedMiranza Inversiones Oftalmológicas, S.L.-
Secondary BuyoutCompletedVeonet GmbH -
Private DebtCompletedVeonet GmbH -
Add-on, Trade SaleCompletedSpaMedica Ltd.-
GrowthCompletedVeonet GmbH -

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