Announced

Completed

Ardian completed the acquisition of a majority stake in Dovida from Paul Fritz, Unigestion and Verium.

Synopsis

Ardian, a private investment firm, completed the acquisition of a majority stake in Dovida, a Swiss-based international provider of non-medical home care services, from Paul Fritz, Dovida's founder and CEO, Unigestion, an investment management company, and Veriuman, an independent Zurich-based multi-family office. Financial terms were not disclosed. "Dovida provides solutions tailored to the demands of an aging society. The company recognizes both the growing need and the importance of enabling individuals who require assistance to remain in their familiar environments for as long as possible, while supporting their independence. Dovida’s excellent reputation is a key contributor to its ongoing success. We appreciate the trust which founder Paul Fritz has placed in Ardian as a future partner, and we look forward to working together with him and the global management team," Yannic Metzger, Ardian Managing Director.

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