Shearman & Sterling advised the lenders in connection with the financing in support of the acquisition by Groupe Bruxelles Lambert (“GBL”) of a majority stake in Sanoptis, a leading network of ophthalmology clinics across Germany and Switzerland, from Telemos Capital.

Sanoptis is the second largest European ophthalmology services provider with over 250 facilities, serving both publicly and privately insured patients.

The Shearman & Sterling team is pleased to have assisted the lenders on this important transaction. This builds upon the team’s strong momentum in the European leveraged finance market, having advised on a significant number of leading unitranche transactions over the last few months, including advising the lenders in connection with the financing in support of the acquisition of Forterro by Partners Group and advising the lenders in connection with the financing in support of CVC Capital Partners’ acquisition of RGI from Corsair.

The Team