News About M&A/IPOs

 

Renal Services CEO: “not for sale but anything is possible”

There are strong rumours that UK dialysis provider Renal Services will be put up for sale in the next 12 months. CEO and majority shareholder Stefano Ciampolini tells HBI that while there is no process or mandate at the moment, the group is mulling its options.

Triton to buy Aleris for 18x EBITDA

Private equity group Triton is to acquire Aleris' healthcare services business, nine months after owner Investor AB sold off its social care segment. It values Aleris at 2.6-2.8bn SEK (€246-265m) or 17-18x 2018 EBITDA. 

DomusVi expands further in Spain

Europe's third-largest nursing home group by revenue, DomusVi, has acquired a group which runs two publicly-funded facilities in Spain as it furthers its expansion in the country. We talk to a market consultant to find out more.

TFP buys Vivaneo, plans pan-European fertility network

The Fertility Partnership (TFP) has signed an agreement with Waterland Private Equity to acquire Germany-based fertility provider Vivaneo. Nordic PE owner Impilo now has a wide base to build a truly pan-European network, and, it says a triple-digit millions of euros fertility business.

Falck pays for breaching competition rules and could still face prosecution

Danish ambulance provider Falck has reached a settlement to pay compensation for breaching competition rules at home. Although this has curtailed any civil proceedings, it may still be facing criminal proceedings and a fine. Looking increasingly abroad for profit in its core business, the company is buying back a 100% share in Slovakian emergency medical services firm Falck Záchranná.

€3bn Barchester deal collapses

Macquarie has pulled out of the process to buy UK nursing home group Barchester due to volatile exchange rates triggered by Brexit, independent sources confirm. We look at the bid price and analyse why and when it failed. What will be the impact on the slew of other deals expected in the sector?

Primonial buys in Italy

French real-estate investor Primonial REIM continues to make inroads into the European senior living market, with a sale and leaseback deal to acquire a portfolio of senior residences in Italy.

Confirmed: Bergman buys Memira

As HBI exclusively predicted last week, Bergman Healthcare Clinics has announced it intends to acquire Swedish, Norwegian and Danish refractive eye care clinic chain Memira.

Cofinimmo acquires large Belgian portfolio

Belgian REIT Cofinimmo has bought a large portfolio of care home beds at an agreed rent. We speak to a market source who advises on real-estate deals who questions the level of rent.

Sonic divests ‘non-core’ asset

Pan-European lab provider Sonic Healthcare has divested its majority ownership of a Hamburg-based lab automation company, GLP Systems.

LUX MED buys rival

Poland's largest private healthcare provider LUX MED has acquired a Warsaw-based competitor comprising two hospitals and a diagnostic centre.

Domidep “finds buyer”

French nursing home group Domidep may have found a buyer, according to a market source. We look at other private equity and investor-owned nursing home groups in Europe and India

Minority stake in $2bn Metro Pacific could put IPO back on the table

Investment firm Metro Pacific Investments Corp (MPIC) is reportedly preparing to sell a minority stake in its hospital business, the largest in the Philippines, in a deal that would value the company at $2bn or 15.8x 2019 expected EBITDA. HBI sources speculate that it could be the run-up to an IPO.

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