Elevation Advisors, a specialist investment manager in the European senior living, agreed to acquire UK activities from Clariane Group, a company that provides nursing homes, post-acute, rehabilitation care clinics, for £207m ($243m). "The good conditions in which this operation was carried out testify to the quality of the work carried out by our teams to set up and develop the Berkley Care network. Elevation is a long-standing partner that shares our values and our commitment to social and environmental issues, and that will be able to continue to develop the business with the full association of local management team to the success over the long term. With this first transaction, and the sale of 6 property assets in the Netherlands announced on 5th February, we are demonstrating our ability to rapidly implement actions to reduce our debt in order to strengthen our financial structure, in line with the commitments announced on 14 November,” Sophie Boissard, Clariane Chief Executive Officer and Director.