Clearwater International has advised C2S, owned by Bridgepoint, on its acquisition of Groupe Avenir Sante, one of the leading private clinics companies in Bourgogne-Franche Comte

Clearwater International has advised C2S, owned by Bridgepoint, on its acquisition of Groupe Avenir Sante, one of the leading private clinics companies in Bourgogne-Franche Comte.

Following the acquisition of Hôpital Privé d’Ambérieu (HPA) in July 2015, Groupe C2S continues to accelerate its development with the acquisition of Avenir Santé. The group expands its geographical footprint by entering the Bourgogne-Franche-Comté region.

Avenir Santé operates 4 clinics with 200 doctors and 550 employees: the Paul Picquet clinic in Sens, the Polyclinique Val de Saône in Mâcon, the Polyclinique du Parc Drevon in Dijon and the Clinique du Jura in Lons-le-Saunier. The group has been owned by Montefiore Investment since 2011.

With revenues of c.€55m and a 500 bed capacity, Avenir Santé is a regional leader in private clinics, offering a variety of care services including surgery and follow-up care. Avenir Santé has also developed a unique know-how in specialties, such as an ophthalmology centre in Dijon and an obesity centre in Sens.

With this acquisition, Groupe C2S now operates 12 clinics with more than 1,500 beds and employs 600 doctors and close to 2,000 people.

The Clearwater International team was led by Partner Philippe Guezenec and supported by Director Benjamin Zayat, Associate Aubert Simonnot and Analyst Bastien Lescalmel.

“We are delighted to welcome Groupe Avenir Santé, which will pursue its development within the C2S group. This acquisition represents a key milestone for us. It shows our capacity to expand our geographical footprint in a selected area and is in line with our strategy to provide high quality and local care.”

Jean Rigondet, President, C2S

“2015 was characterised by strong organic growth and the successful integration of Hôpital Privé d’Ambérieu. The acquisition of Avenir Santé represents a significant step in the development of the group. With combined turnover of €170m, C2S is now one of the main regional leaders in the industry.”

Olivier Nemsguern, Partner, Bridgepoint Development Capital