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US homecare tech specialist buys Home Instead

US-based homecare tech specialist Honor Technology has acquired Home Instead, the global leader of franchise homecare services. The deal creates a global homecare group worth more than $2.1 billion in homecare revenue.  HBI chats with sources including Home Instead's UK CEO to find out what the deal means for markets outside of the United States.

Aedifica continues Northwest Europe expansion

Belgian healthcare REIT Aedifica has been expanding and made acquisitions in Finland, the Netherlands, Germany and Ireland amounting to €151 million. HBI breaks down its latest spends.

Interview: Giuseppe Recchi, CEO, Affidea

Europe’s largest imaging company Affidea wants to become a one-stop shop for all outpatient services. HBI talks to CEO Giuseppe Recchi about changing a brand’s reputation, a record year of M&A and how the pandemic impacted the business.

Occupancy loss and excess deaths during the pandemic

A lot of discussion has taken place about the conduct of nursing homes in the pandemic. Today we look at the number of excess deaths among the over 65s in a population in 2020, and compare it to the loss in occupancy that operators suffered through that year.

Centric plans to continue expansion despite losses

Centric Health, the largest provider of primary care by revenue to Ireland’s 2.3 million privately insured patients, is planning to expand both domestically and abroad. Despite making a loss two years in a row, CEO Maurice Cox tells HBI the company is in good financial shape, and has been spending to grow.

Dutch regulator halts another deal

The Dutch competition authority has paused Bergman's acquisition of dermatology specialist Mauritskliniek, saying that prices rose two years ago when it acquired NL Healthcare Clinics. Data shows that private equity is making fewer transactions in the market.

DomusVi founder and management take control from ICG

The management of DomusVi, the pan-European nursing home group, backed by DomusVi founder Yves Journel's investment vehicle, have bought out private equity firm ICG in a leveraged buyout. The group was reportedly valued at €4.3bn, 16.4 times adjusted 2020 EBITDA.

Competition regulator halts Mediq deals

The Dutch competition authority has halted homecare operator Mediq's acquisition of Gimv-owned Eurocept and Excellent Clinics. The parties must now apply for a permit if they want to proceed with the acquisition. 

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