Matheson is pleased to have advised on all aspects of the sale of Aut Even Hospital to University of Pittsburgh Medical Center (UPMC), a non-profit academic medical centre, based in Pittsburgh, United States. Aut Even Hospital is a 71 bed hospital located in Kilkenny and the oldest private hospital in Ireland.
A cross-departmental Matheson team advised on the transaction. The corporate restructuring and insolvency team was led by partner Julie Murphy O’Connor and senior associate Kevin Gahan and the corporate M&A team was led by senior associate Enda Garvey and senior associate Robert Maloney Derham.
Speaking today, Enda Garvey said: “We are delighted to have advised on this key transaction in a sector that has seen increased activity and notable investment particularly over the last 3 years. It is another great example of the attractiveness of Irish businesses to international strategic buyers.”
Matheson has advised on a number of the most high profile transactions undertaken in the Irish healthcare sector in recent years. With a wealth of experience across our six partner led offices worldwide and dedicated specialist teams, Matheson has some of the most experienced lawyers in Ireland.
Completion of the transaction is now subject to customary regulatory approvals.
For more information about our legal services, please contact a member of the Corporate team, the Commercial Litigation and Dispute Resolution team or your usual Matheson contact.