Healthcare
N.D.
France FR

Scope of intervention

Sycomore Corporate Finance acted as financial advisor to EQT Infrastructure on the acquisition of Groupe Colisée

Date of closing

November 2020
On August 30th, 2020, EQT announced that the EQT Infrastructure V fund (“EQT Infrastructure”) has entered exclusive negotiations to acquire a majority stake in Colisée (“Colisée” or the “Company”) owned by IK Investment Partners.

Colisée’s long-term development is supported by strong secular trends, such as an aging European population and an increased shift to privately managed elderly care. Colisée’s high focus on care and resident well-being is a key attraction in a sector where EQT Infrastructure has extensive experience.

Following the closing of the transaction, EQT Infrastructure will support the continued development of Colisée and its pursuit of new growth opportunities in current and new markets, drawing on EQT’s global footprint and extensive network of advisors. Moreover, EQT will support Colisée in further developing the Company’s social responsibility and sustainability ambitions.

The investment in Colisée is in line with EQT’s thematic approach guided by the United Nations Sustainable Development Goals, specifically SDG 3, “Good health and well-being” and SDG 11, “Sustainable cities and communities”.

Rationale

  • Support the Group’s acquisition strategy through selective buy-and-build opportunities
  • Develop innovative services for the elderly people

Colisée at a glance

Established in 1976, Colisée is a leading operator of nursing home facilities and homecare services for elderly. The Company, which is headquartered in Paris, France, has developed a geographical footprint and operates 270 nursing homes as well as assisted living facilities and home care services agencies across France, Belgium, Spain and Italy. Colisée employs more than 16,000 people and has a turnover exceeding €1bn.

EQT at a glance

EQT is a differentiated global investment organization with more than €62bn in raised capital and around EUR 40 billion in assets under management across 19 active funds. EQT funds have portfolio companies in Europe, Asia-Pacific and North America with total sales of more than €27bn and approximately 159,000 employees. EQT works with portfolio companies to achieve sustainable growth, operational excellence and market leadership.