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Announced

DomusVi to acquire advita from Adiuva and MMTF.

Financials

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

Tags

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Health Care Facilities

Majority

Germany

Single Bidder

Cross Border

Private

Pending

Acquisition

elderly care

senior living communities

Private Equity

Friendly

Synopsis

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DomusVi, the third biggest private player in the nursing home sector in France, agreed to acquire advita, one of the German housing specialists and integrated outpatient care for the elderly, from investors Adiuva and MMTF. Financial terms were not disclosed. "We firmly believe that the ‘advita Haus’ is a relevant concept, meeting the legitimate desire to grow old ‘at home’ while enjoying a wide range of easily accessible social activities, services and healthcare. We are delighted to be able to support the current management team in executing its development plan and benefiting from the expertise of Mr. Faensen, long-time general partner of advita, who remains minority shareholder at our sides. This acquisition is a major step in the implementation of our ‘Domus2025’ Strategic Plan," Sylvain Rabuel, DomusVi CEO.

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