Korian completed the acquisition of Inicea from Antin for $423m.

Korian, a care and support group for the elderly and vulnerable, completed its acquisition of Inicea, an independent French operator in the private psychiatry sector with a portfolio of 19 establishments, from Antin, an independent private equity firm, for $423m. "Joining the Korian group marks an important step in the recognition of the work done by Inicea's teams for our patients with mental disorders. I would like to thank Antin Infrastructure Partners, with whom we have had an excellent working relationship since 2016. We are convinced that the know-how acquired by the medical and healthcare teams in innovative care pathways will be best developed over the medium and long term within the Korian group. With Korian, we will pursue our common ambition to build a French player, widely recognised and innovative in the field of mental health," Pierre Forest, Inicea CEO.