SOLIMAR
Acquired by
VIVALTO VIE
SOLIMAR acquired by VIVALTO VIE
Target
SOLIMAR
Acquirer
VIVALTO VIE
Context
Vivalto Vie acquired 100% of Solimar, a Valencia-based nursing home operator, marking the group's first international expansion outside France. The transaction was executed simultaneously with the closing of the Amundi PEF-led LBO of Vivalto Vie and represents the first building block of the group's Spanish platform, which targets a pipeline of approximately 1,000 additional beds through a combination of further acquisitions and greenfield development projects.
SOLIMAR, which reported an EBITDA margin of LOGIN in 2018, is valued in this transaction at an EV/EBITDA multiple of LOGIN, a level to compare with the average currently observed in the Healthcare & Pharma sector (13.3x).
Note that this data is based on contribution from our growing community, composed of M&A and Private Equity professionals, and has been verified by our team to ensure its accuracy.
-> Deep-dive in Healthcare & Pharma market trends
Target
Solimar is a Spanish nursing home operator based in the Valencia region, operating seven residential care establishments with approximately 930 beds. The group provides residential care services to elderly and dependent people in one of Spain's most populous regions. Solimar represents a well-established local operator in a highly fragmented Spanish nursing home market, which is characterised by strong structural growth dynamics driven by an ageing population and a development stage approximately ten years behind the French market in terms of private sector consolidation.
Ent. Value
LOGIN
Equity Value
LOGIN
Multiples Analysis
EV / Revenue
LOGIN
EV / EBITDA
LOGIN
EV / EBIT
LOGIN
Historical Financials (EUR)
Other operations with SOLIMAR
REFERENCES
Authors: mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).