Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

Nursing Homes

 

Finnish reforms to benefit private sector

Reforms that will give patients freedom of choice over their treatment offers significant opportunities for the private sector in Finland, says Petri Heikkilä, senior manager at the consultancy Nordic Healthcare Group. The bill will be voted on in November, but Heikkilä claims investors are already showing more interest in the market.

PAI in exclusive talks to buy SAR

As anticipated, private equity houses Palamon and GSquare are in exclusive talks with PAI Partners to sell Spain's largest care group SARquavitae. We look at the price.

Kubliakov plans ten thousand bed assisted-living network for Eastern Europe

France-based Senior Group, which has started several care homes and assisted living facilities in the Baltic states is to launch a 10,000-bed network across Eastern Europe. The first stage of this ambitious project already started in the three Baltic capitals, where 350 beds are expected to be operational by 2017. We speak to CEO Nicolai Kubliakov.

FREE BLOG New investors, higher prices

Despite the dependence of UK healthcare services on immigrant labour from Europe, Brexit has actually seen shares in quoted UK groups soar as investors seek what are perceived to be safe sectors. Meanwhile, Carlyle's investment in Schoen Klinik shows that new types of investors are likely to keep demand high for healthcare services.

UK healthcare faces up to Brexit

The UK has voted to leave the EU unleashing economic and political turmoil that has taken the legs out from under Sterling, ignited press hysteria and will likely see the leaders of both major parties replaced. As always, the NHS was front and centre during the campaign. But concerns for healthcare more broadly, including the private sector, are numerous. We talk to investors, operators and advisors.

Unicare to expand in the Nordics

One month after it sold to private equity house G Square, Unicare has big expansion plans across the Nordics. Tom Tidemann, CEO of Unicare says the group just bought an 80-bed rehabilitation hospital in Norway –and there is more to come.

Interview: Philippe Tapié, CEO, Maisons de Famille

French nursing homes are finding new ways to reduce costs –and get more patients. That means more homecare, more day care and more remote care, according to Philippe Tapié, CEO of France’s fourth largest elderly care group Maisons de Famille, who has just bought Spanish chain Amma for an estimated €230m.

PAI turns to SAR as Maisons de Famille pays 14x EBITDA for Amma

French care group Maisons de Famille has started due diligence on Spain's fifth largest group Amma after having a €220-230m bid accepted. Considering Amma's €16m EBITDA target for 2016, owner Caixabank is fetching 14-15x forward EBITDA. Private equity bidder PAI Partners stepped back and has turned towards the market leader SARquavitae, which is also readying up for sale. Also in Spain, Belgian care group Armonea has bought La Saleta, a nine-nursing home group in Valencia with sales of €34m.

Ambea set to IPO

Investment analysts expect Swedish care group Ambea to file for an IPO soon. Banks and advisers have already approached it to kick off the process.

SAR ready to sell?

Private equity owners Palamon and GSquare have approached investment bank PJT Partners to sell Spain's largest care group, SARquavitae. Our sources note that SAR had to cancel its board meeting last week and that PJT hasn't been hired "yet". But what price will it fetch?

Find Us