- PRESENTATION -
On June 20, 2017 Eurazeo PME sold Colisée group to IK Investment Partners. Colisée is a key player in the global health care and old-age dependency sector and the 4th largest French operator of nursing homes. The sale price for Eurazeo PME is €236 million, an investment multiple of 2.5x and an IRR of 35%.
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.