Clearwater International has advised Colisee Group on the acquisition of Nouvel Horizon Services. Colisée Group, a leader in the care sector in France (retirement homes and post-operative and rehabilitation clinics), announces the acquisition of Nouvel Horizon Services, a company specialising in home care services for the elderly and located in the Ile-de-France and PACA (Provence Alpes Côte d’Azur) regions.
Nouvel Horizon Services was created in 2008 by Laurence and Michaël Amar to meet the needs of elderly people based on a simple concept “Live longer and age well at home”. The company offers a comprehensive range of home care services including meal preparation and eating assistance, personal care and grooming, housekeeping, mobility assistance, companionship and recreational activities.
Dedicated to providing comfort to the elderly while supporting and reassuring families with professionalism, it has developed real expertise in the selection, recruitment, follow-up and guidance of its home carers. As a result, it now has a team of skilled and trained staff who are completely dedicated to caring for the elderly.
Its network is made up of 12 branches in the Ile-de-France PACA regions. In 2016, the company expects to achieve sales of approximately €15 million.
This operation opens the way for new development opportunities for Colisée Group within a booming sector supported by public authorities in a favourable environment.
Colisée Group intends to pursue the development of this new branch of activity through the acquisition of Nouvel Horizon Services. This platform will facilitate both organic growth through opening new agencies, as well as external growth, taking into account the fragmentation of the home care sector.