Addleshaw Goddard Acted for SSH Holdings in SuperSonic Imagine Management Buyout

Addleshaw Goddard Acted for SSH Holdings in SuperSonic Imagine Management Buyout

In a landmark manoeuvre for the UAE's burgeoning medical technology scene, international legal powerhouse Addleshaw Goddard orchestrated the intricate management buy-out (MBO) of SuperSonic Imagine, a regional leader in the field. With astute guidance from Addleshaw Goddard's seasoned team, operating across Dubai, France, and Singapore, SSH Holdings, a prominent UAE private equity group, navigated the complex transaction.

The Addleshaw Goddard team, led by the formidable duo of Philip Dowsett in Dubai and David Lambert in Paris, with additional support from Louis-Alexandre Montpeyroux, brought their comprehensive expertise to bear, covering every facet crucial to the MBO's success. From the intricate machinations of M&A and finance to the finer points of antitrust, employment, and intellectual property, their counsel ensured a seamless transition for SuperSonic Imagine.

SuperSonic Imagine, a leading ultrasound imaging specialist headquartered in Provence-Alpes-Côtes d'Azur, had been acquired by Hologic, a global giant in women's health listed on NASDAQ, in 2019.

At the helm of this manoeuvre, orchestrated with a discreet price tag, stood Sandeep Wadhwa, SuperSonic Imagine's newly appointed president. Wadhwa, a seasoned healthcare executive with a successful tenure as Hologic's vice president of international operations, assembled a formidable team to navigate the deal. Joining him were senior executives Hari Kaimal and Sanju Nair, both veterans in the global healthcare and life sciences investment and operations landscape.

Fuelling the MBO's success was Incred Capital, a Singapore-based fund, injecting crucial acquisition financing into the venture.