LEO II. Fund has acquired Promedi from RIW Group

Munich, July 31st, 2023 – DUBAG Group, a leading investment firm, is delighted to announce the successful acquisition of promedi Personalmanagement GmbH, a Cologne-based full-service staffing provider specializing in medical professions and geriatric care, from RIW Group. The acquisition was made through their exclusively managed LEO II. fund.

With an extensive customer base that includes leading hospitals and geriatric care facilities, Promedi has demonstrated impressive growth over the years. With more than 600 external employees and a strong presence in western and northern Germany, Promedi’s commitment to excellence and organic expansion aligns perfectly with DUBAG Group’s strategic vision for investing in promising ventures.

RIW-Group is a family-owned, Cologne-based provider of Industrial service, facility service and personnel service.

“We are thrilled to welcome Promedi to the DUBAG Group family,” said Christoph Moedder, Partner at DUBAG Group. “Promedi’s remarkable growth story and expertise in medical and geriatric staffing make them an ideal addition to our portfolio. We look forward to building on their success and collaborating to achieve even greater heights.”