Alantra advised the founder of Colisée on the sale of the company to IK Investment Partners



Apr 2017
Sell-side advisory

Eurazeo and the Teycheney Family have announced the sale of Colisée group to IK Investment Partners. Colisée is a key player in the global Healthcare and old-age dependency sector and the 4th largest French operator of nursing homes. Eurazeo PME initially invested in this sector in March 2013.

The deal, which remains subject to the approval of the French Competition Authority, should be closed by the end of July 2017.

Spurred by Eurazeo PME and with the support of the founder Patrick Teycheney, the Colisée group has bolstered its position as sector consolidator in France and launched its international expansion in Italy, Spain and China. In 2014, the company numbered 46 facilities and 2,200 employees. It now has 90 facilities, nearly 7,000 beds, 6,700 employees and close to 70 senior home care agencies. Pro forma 2017 revenue should amount to around €390 million, i.e. a twofold increase since 2014, demonstrating its operational excellence under the leadership of Christine Jeandel, the Group’s Chairwoman.

For Emmanuel Laillier, Managing Director of Eurazeo PME: “Since our initial investment, we have had strong ambitions for Colisée in terms of external growth, both in France and abroad. We also sought to expand Colisée’s business offering and create a comprehensive healthcare solution for the elderly by providing home care services. With Christine Jeandel at its helm, Colisée successfully completed all these strategic initiatives. We are convinced that the group will prolong its success story with the backing of IK Investment Partners.”

Christine Jeandel, Colisée Chairwoman, announced: “I would like to thank Eurazeo PME for its tremendous support these past few years. We are now in a good position to pursue our growth strategy alongside IK Investment Partners.”

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