Announced
Completed
Financials
Sources
Tags
France
Cross Border
Health Care Facilities
Majority
health care
Private
Acquisition
Friendly
Private Equity
Single Bidder
Completed
Synopsis
KKR-backed Elsan Group, a private hospital group, completed the acquisition of Groupe C2S, a France-based company operating private clinics, from Eurazeo, a private equity firm. The implementation of this merger, subject to a prior consultation process with the relevant employee representative bodies, as well as the agreement of the competition authorities, would take place during the first half of 2021. Financial terms were not disclosed. “I salute the tremendous work carried out by Jean Rigondet, his teams and EURAZEO to make C2S a leading player in private hospitalization in Auvergne-Rhône-Alpes and Bourgogne-Franche- County. ELSAN and C2S share the same values of medical excellence and proximity to the French, at the heart of the regions. Together, we would be able to serve patients from all regions of France," Thierry Chiche, ELSAN President.
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