Beyond Capital Partners Fund II, through Ank-Kaiser Sanitätshaus GmbH, has acquired 100% of blu GmbH, a medical supply company, to enhance its growth strategy in Germany's healthcare sector.

Target Company Overview

Beyond Capital Partners Fund II, advised by Beyond Capital Partners GmbH, has acquired 100% of the shares in blu GmbH, a medical supply company based in Fellbach near Stuttgart, through its portfolio company Ank-Kaiser Sanitätshaus GmbH ("Ank-Kaiser"). This acquisition furthers Ank-Kaiser's growth strategy, establishing blu as a significant addition to its portfolio. The transaction reached closure in September 2025.

Founded in 2011, the blu chain has expanded to 13 locations across Baden-Württemberg and Rhineland-Palatinate, with an additional two branches set to open shortly in the Stuttgart metropolitan area. As a comprehensive provider of medical supplies, blu offers a wide range of products including orthopedic technology, custom fittings, rehabilitation technology, orthotics/prosthetics, compression supplies, and practice and consultation necessities. All blu branches are 100% master enterprises and DGP (Deutsche Gesellschaft für Präqualifikation) prequalified, adhering to high operational standards through a quality management system compliant with DIN EN ISO 13485.

Industry Overview in Germany

The healthcare industry in Germany, particularly concerning medical supplies, is on a robust growth trajectory driven by demographic changes and an increasingly aging population. This sector is experiencing an upsurge in d