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New Deal


Announced

Attendo to acquire the Swedish care operations of Team Olivia for SEK950m.

Financials

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Transaction Value£72m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales0.7x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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disabilities services

Acquisition

family care

Majority

personal care

Health Care Services

Single Bidder

Sweden

Cross Border

Private

Friendly

Pending

Synopsis

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Attendo, the largest private provider of care services in the Nordic region, agreed to acquire the Swedish care operations of Team Olivia, a personal assistance provider, for SEK950m. "I am very pleased to welcome so many engaged employees and new customers to the Attendo Group. Team Olivia has developed excellent care services with highly specialised expertise for people with complex care needs. Together, we will have a more balanced service offering and significant opportunities for synergies, purchasing coordination and knowledge exchange on quality development. I look forward to working with both new and old colleagues to create Sweden's best operations in disabled care as well as in individual and family care, while strengthening our role as Sweden's leading provider of home care services," Martin Tiveus, Attendo CEO.

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