WTS Advisory advises Nexus AG on the preparation of a fairness opinion in the context of the takeover offer of Project Neptune Bidco GmbH

DEAL NEWS

WTS Advisory GmbH (“WTS Advisory”) advised Nexus AG in the context of the voluntary public takeover offer of Project Neptune Bidco GmbH (TA Associates). A fairness opinion (IDW S 8) was prepared for the Management Board and Supervisory Board regarding the financial adequacy of the offer price as a basis for their own opinion on the takeover offer pursuant to Section 27 WpÜG.

The voluntary takeover offer (cash offer) at an offer price of EUR 70 per share was submitted by Project Neptune Bidco GmbH to the shareholders of Nexus AG, Donaueschingen, on November 18. This corresponds to an equity value of Nexus AG of EUR 1.2 billion.

The WTS Advisory project team: 
Thomas Kupke (Partner), Dr. Heiko Frank (Partner), Gregor Zimny (Senior Manager), Alexander Muires (Senior Executive Advisor), Maximilian Mittermeier (Consultant), Konstantin Baier (Consultant).

About Project Neptune Bidco GmbH

Project Neptune Bidco GmbH is a holding company controlled by investment funds advised and managed by affiliates of TA Associates Management, L.P., USA (“TA Associates”).

About Nexus AG

Nexus AG develops and distributes software solutions for the international healthcare market. With the clinical information system (Nexus / HIS) and the integrated diagnostic modules, Nexus AG today has a uniquely broad and interoperable product range that can cover almost all functional requirements of hospitals, psychiatric clinics, rehabilitation and diagnostic centers within its own product families.

About WTS Advisory GmbH

WTS Advisory is an independent, innovative solution provider for goal-oriented consulting and active operational support for companies along the entire CFO agenda. This includes solutions ranging from external reporting, optimization of the finance department, governance, risk & compliance issues to M&A and transaction advisory.
WTS Advisory is part of WTS, a global full-service provider for tax advisory services and financial & deal advisory. WTS is represented at 13 locations in Germany and in more than 100 countries worldwide.
The Deal Advisory division of WTS Advisory & WTS offers integrated advice on financial (WTS Advisory) and tax (WTS) aspects along the entire transaction process. The WTS Advisory M&A strategy and deal advisory team supports corporate transactions, for example in the form of financial due diligence investigations and other M&A buy-side and sell-side services as well as valuation services such as expert and indicative company valuations, purchase price allocations, impairment tests and post-deal implementation. 

Kontakt
WTS Advisory
Thomas Kupke, Deal Advisory
Friedenstraße 22 · 81671 Munich · Germany
T: +49 (0) 89 28646-2725
M: +49 (0) 151 11181132
thomas.kupke@wts.de
www.wts-advisory.de