Barings Provides Growth Capital to operasan, a portfolio company of funds advised by Deutsche Beteiligungs AG
Barings, one of the world’s leading investment managers, today announced its role as sole lender of secured credit facilities providing growth financing to operasan, a leading outpatient dialysis provider.
Headquartered in Germany, operasan is an established network of private outpatient nephrology centres, providing care to more than 2,000 active dialysis patients across 25 clinics. The Company combines a high degree of professionalisation with a patient-centric approach and has expanded significantly through the successful acquisition of 15 clinics since 2021.
Martin Siml, Managing Director, Barings Global Private Finance Group, said: “By supporting operasan’s continued expansion, this growth financing aims to increase access to specialised nephrology care, foster innovation in patient treatment, and reinforce the company's reputation as a trusted leader in outpatient dialysis.”
About Barings
Barings is a $456+ billion* global asset management firm that partners with institutional, insurance, and intermediary clients, and supports leading businesses with flexible financing solutions. The firm, a subsidiary of MassMutual, seeks to deliver excess returns by leveraging its global scale and capabilities across public and private markets in fixed income, real assets and capital solutions. Barings.com
*As of June 30, 2025
About Deutsche Beteiligungs AG
Deutsche Beteiligungs AG (DBAG) has been listed since 1985 and is one of the most renowned private equity firms in Germany. As an investor and fund advisor, DBAG traditionally focuses on mid-market companies in Germany, Austria and Switzerland (the DACH region), and especially on well-positioned companies offering growth potential. DBAG’s sector focus is on manufacturers, industrial service providers and IndustryTech enterprises – businesses whose products facilitate automation, robotics and digitalisation – as well as on companies from the IT services, software, healthcare, and environment, energy and infrastructure sectors. Since 2020, DBAG has been present on the Italian market, providing its services from its office in Milan. DBAG Group’s assets under management or advisory amount to approximately 2.9 billion euros. ELF Capital has expanded DBAG’s range of flexible financing solutions for mid-market companies to include private debt. https://www.dbag.com/
Media Contacts
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