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Announced

Completed

Korian completed the acquisition of Berkley Care Group for c. $175m.

Financials

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Transaction Value£124m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

group of homes

Cross Border

Acquisition

Completed

Real Estate Holding and Development

Majority

Friendly

Single Bidder

Private

Real Estate

Synopsis

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Korian, a France-based company that operates healthcare facilities and medical establishments, completed its acquisition of Berkley Care Group, an award-winning group of luxury care homes, for c. $175m. "The Berkley care group has always been committed to offering the very best level of service to its residents and we know that Korian shares the same commitment and values and will be able to continue to develop the Group in line with its potential," Seamus Halton, Berkley Care Group Founder.

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