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Announced

Completed

Ardian completed the acquisition of a majority stake in Sante Cie.

Synopsis

Private equity firm Ardian, completed the acquisition of a majority stake in Sante Cie, a specialist in-home medical assistance service provider, for $1bn. Ardian is investing alongside the existing shareholder private equity firms HLD and UI Gestion. This transaction remains subject to antitrust approval and the opinion of the work council. "We’re proud to enter Santé Cie’s share capital alongside existing shareholders and are confident that home medical assistance providers, by assisting patients and ensuring they are monitored by practitioners, have a role to play in the French healthcare value chain," Yann Bak, Ardian Managing Director.

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