Gimv to acquire a majority stake in Novicare from Gilde Healthcare

Gimv, an investment company with experience in private equity and venture capital, agreed to acquire a majority stake in Novicare, a provider of specialized medical and paramedical (geriatric) services to elderly care homes and disability institutions, from Gilde Healthcare, a specialized European healthcare investor managing two business lines: a lower mid-market buy-out fund and a venture & growth capital fund. Financial terms are not disclosed. "Novicare is dedicated to supporting the healthcare sector through a focus on innovation and quality while striving to maximize our impact. Gimv is an ideal partner in this respect, given its strong track record in these areas," Jet Wiechers and Wencke van der Meijden, Novicare CEO and Deputy CEO.