A consortium led by Marathon Asset Management acquires EXALTA Group

Work highlight

01-12-2025

The legal and tax complexities behind the acquisition of EXALTA Group required a coordinated approach. Our Luxembourg team advised a consortium of investors—led by Marathon Asset Management and including Kinnerton Hill and Littlejohn & Co., LLC—on their preferred financing of EXALTA Group, a global medical technology manufacturing platform backed by Montagu Private Equity.

The investment was structured through an existing Luxembourg vehicle and implemented via a preferred share structure. Our team represented the preferred investors on all Luxembourg legal and tax aspects of the transaction, drawing on expertise from our corporate M&A and tax specialists to ensure compliance and efficiency.

About the parties involved:

Marathon Asset Management – a global investment manager with a focus on credit and opportunistic strategies.
Kinnerton Hill Capital – providing tailored capital solutions across Europe.
Littlejohn & Co., LLC – an integrated private equity and special situations investor focused on North American middle-market industrial and services companies.
Montagu Private Equity – partnering with management teams to drive growth and operational excellence in portfolio companies.

This transaction demonstrates how law and tax go hand in hand to support complex cross-border investments in the healthcare sector.