- The company advita Pflegedienst GmbH, built by Dr. Faensen and Ms. Tupová Faensen is one of the market leaders in the domiciliary care, day care, assisted living and intensive care segment in the German market
- With the help of the subordinated loan structured by Rantum Capital, advita will continue on its successful growth path
Frankfurt-based asset manager Rantum Capital has today arranged long-term economic equity in the form of a subordinated loan to advita Pflegedienst GmbH, headquartered in Berlin, Germany.
Founded in 1994, the owner-operated company is active in the rapidly growing domiciliary care sector. Advita offers innovative concepts for domiciliary care, day care centers, assisted living and intensive care in the Berlin, Saxony, and Thuringia regions. The company’s key offerings include non-clinical solutions for intensive care and the advita- house concept for domiciliary care. The advita-house concept integrates domiciliary care, assisted living, communal living, as well as day care centers. For care customers, this concept offers personal autonomy in their own comfortable and accessible apartment, company and social interaction whenever desired, the level of care and safety of a nursing home, all with flexibility and individuality. Advita was founded in 1994. In 2005 Dr. Matthias Faensen acquired the company through a management buyout. Today, the company is managed by Dr. Faensen, his wife Milada Tupová-Faensen and Peter Fischer.
The financing is driven by the company’s plan to continue its successful growth. In order to realize growth opportunities, the company has now bolstered its balance sheet with a subordinated loan from Rantum Capital.
Rantum Capital has pioneered the concept of “Mittelstand Capital”, a financing solution tailored specifically for family- and entrepreneur-owned companies seeking capital for growth or generational transfers. Mittelstand Capital is accepted as economic equity by all banks, enabling companies to strengthen their capital ratios and access additional senior loans. At the same time, Mittelstand Capital has the benefit of a tax ruling that interest payments may be off-set against corporate taxes.
The Chairman of Rantum Capital, Mr. Joachim Hunold, commented: “We are delighted to back two exceptional entrepreneurs with Ms. Tupová-Faensen and Dr. Faensen on their further growth and are looking forward to the future cooperation”.
Download: Press Release – 04. September 2014