Clearwater International has advised IK Investment Partners on the acquisition of Colisée

IK Investment Partners (“IK”), a leading Pan-European private equity firm, has acquired along with Eurazeo PME and the management team a majority stake in Colisée, a leading player in the home care segment in France. The management team as well as the founder have reinvested alongside IK.

Colisée is a leading provider of nursing home and home care services. With more than 90 nursing home facilities and 70 home care services agencies, the Group has developed a geographical footprint across France, Italy, Spain and more recently in China. Colisée employs approximately 6,700 people and has a turnover exceeding 390 million euros in 2017.

The Clearwater International team, led by Managing Partner, Laurent Camilli, and composed of Nicolas Saint-Pierre, Director, and Valentin Cassan, Senior Analyst, has advised IK on this transaction.

“We are very pleased to welcome IK Investment Partners as our new majority shareholder. Supported by the founding family as well as our existing financing banks, we will pursue alongside IK our acquisition strategy through selective buy-and-build as well as the development of innovative services for elderly people. Building on our 6,700 employees, we remain committed to implementing a responsible and respectful group providing best-in-class daily care to our residents, patients, homecare beneficiaries and their relatives.”

Christine Jeandel, CEO, Colisée

“We have been very impressed by Colisée’s long and successful heritage within elderly care as well as its growth track record demonstrated over the past years. Led by an experienced management team, Colisée has been able to build solid market positions while having an uncompromising focus on quality. We are delighted to have the opportunity to support Colisée and their management team in their growth strategy both organic and through selected add-on acquisitions in France and across Europe.”

Dan Soudry, Partner, IK

“At the instigation of Eurazeo PME and the management team, Colisée has had an exceptional journey. We had the chance to advise them in 2016, in the diversification process of the Group within the growing home care sector with the acquisition of Nouvel Horizon Services and Bien à la Maison (BALM). We are thrilled to have accompanied IK who shares the same ambition as the management team and will support Colisée’s growth strategy on a European level.”

Laurent Camilli, Managing Partner, Clearwater International