Albaron Partnes LP has introduced the finished sale of Albaron Podiatry Holdings LLC, Past Podiatry. That is the Midwest’s main podiatric medication observe administration firm, bought to CUC Inc.
Alboron Companions is an operationally center market healthcare non-public fairness agency.
Past Podiatry treats over 250,000 sufferers yearly since being based in 2018.
This transaction marks the primary acquisition for CUC Inc, in addition to the primary non-public fairness exit in U.S. podiatry.
Cozen O’Connor was the authorized advisor to Albaron Companions.
“We associate with purchasers all through all phases of a sale transaction with a deal with rising worth and minimizing threat.”
Q&A with Anna McDonough
Are you able to broaden on this transaction and the skilled position of your self and your group throughout this undertaking?
Cozen O’Connor represented Albaron Companions the controlling shareholder within the sale of its pursuits to CUC. The group included M&A attorneys, tax attorneys, worker advantages attorneys and well being regulation attorneys.
Throughout this undertaking had been there any challenges that you just needed to deal with and what’s the typical course of to make sure a clean relationship with the shopper and corporations concerned all through the undertaking?
The client was new to the U.S. market. Healthcare is a extremely regulated trade. They did an unimaginable job coming up to the mark rapidly. The one approach to make sure a clean course of is fixed communication with the shopper, the attorneys for the opposite facet and amongst our inside group. It’s essential to set and hold expectations.
Are you able to stroll us by your means of due diligence for initiatives like this one with Albaron Companions, how is that this sometimes carried out and does this course of usually should be tailored?
Albaron’s basic counsel is extraordinarily educated concerning the enterprise and the M&A course of. Having a talented legal professional in home makes the method a lot smoother.
Being an skilled and skilful agency can be a confidence increase for every shopper you’re employed with, how do you be certain that every undertaking remains to be personalised to them and centred on the shopper wants?
I spend vital time with purchasers to know their priorities and communication model. I’m concerned in each step of all transactions. We don’t dump purchasers or transactions on junior attorneys. I perceive a transaction just isn’t about me successful arguments or factors, it’s concerning the shopper reaching a profitable conclusion, as they outline it.
With varied success and honours positioned upon Cozen O’Connor akin to being named one of many ‘High 100 regulation corporations in America’ and extra, what else can we anticipate from the agency, is there something thrilling we should always be careful for?
Cozen O’Connor’s Company Follow and attorneys have been persistently ranked by Chambers USA, IFLR and The Authorized 500. As well as, the agency was named a Hashish Follow of the 12 months for 2024 by Law360.
The agency just lately launched its World M&A Follow, comprised of attorneys who’re properly versed within the authorized and regulatory necessities of numerous jurisdictions, in addition to within the cultures, customs, and mores that underlie all profitable worldwide deal making. As a North American-based agency with greater than 30 places of work, Cozen O’Connor companions with overseas regulation corporations to help their worldwide purchasers in executing M&A offers, in addition to guides home and overseas purchasers in trajectory-changing transactions.
Based in america, Cozen O’Connor expanded its company presence into Canada in 2023 with the addition main company and securities attorneys in each Toronto and Vancouver. The agency continues to additional broaden its choices with the strategic addition of attorneys all through North America.