HBI Deals+Insights / M&A/IPOs

Correction: PAI Partners takes over Geriatros as the Spanish market consolidates

French private equity firm PAI Partners has bought Spanish elderly care group Geriatros from Magnum Capital in a deal with an enterprise value of €270m. Magnum exits the group having transformed the company into a national chain, leaving PAI Partners to capitalise on a possible consolidation wave.

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