Apax Partners agrees to invest in NL Mental Care Group

Apax Partners SAS (“Apax Partners”) reached an agreement with NPM Capital NV to acquire 100% of The NL Mental Care Group B.V. (“Mentaal Beter”), an innovative mental health care service provider in the Netherlands, operating through the brands Mentaal Beter, Vitalmindz, Alleskits and Opdidakt. This acquisition would be taken alongside the company’s management team who will retain a stake in the company and will continue to lead the business.

___________________________________________________________________________

‚Deals in Europe‘

Private Equity Investments in Europe

  • 14-daily publication with ALL Private Equity Deals in Europe
  • With every ‚Deals in Europe‘ issue you will receive an update of ALL deals from the respective year as an Excel file
  • Detailed information of target, investors, buyer, seller and advisors

More information / EXAMPLE edition of ‚Deals in Europe‘

____________________________________________________________________________

This significant investment would enable Mentaal Beter to accelerate its digitalisation strategy to further improve access and quality of care in the coming years. Mentaal Beter also wants to internationalise its unique business model and skills across Europe.

The intended acquisition is subject to approval by the relevant authorities (the Dutch Healthcare Authority (NZa) and the Dutch Competition Authority (ACM)).

Mentaal Beter, initially a franchise model, has grown into a successful network of mostly owned practices with more than 120 locations across the Netherlands.

Since 2013, with the active support of NPM Capital, the firm has invested in company training for psychologists to become licensed therapists, as well as IT systems and E-health capability. In addition, Mentaal Beter has strengthened and modernised its structure by setting-up an effective central shared service center that handles most administrative tasks, allowing therapists to focus on patients’ care.

“With Apax Partners and new ambitions in mind, we would be supported by a leading European investment firm with a long and deep expertise in healthcare services, a strong reputation in assisting entrepreneurs in digitizing their business and strong values in responsible investment. We feel very well equipped for the future as a Dutch mental health care organization, and to start deploying our knowledge and expertise abroad as well” says Martin de Heer, CEO of Mentaal Beter.

“The Apax Partners team would be very proud to contribute to the further development of Mentaal Beter that is delivering an essential service to the population, especially in the current environment. We are eager to support Mentaal Beter in its projects including digital transformation and international development, especially in countries where E-health, data-driven operations and online therapy are emerging”, underline Bertrand Pivin and Marc Benatar, both Partners at Apax Partners.

(source)