At what enterprise value was SOLIMAR acquired in 2020?

During the acquisition of SOLIMAR by VIVALTO VIE in 2020, the transaction's Enterprise Value is estimated to be in the range of 20M - 50M EUR.

When was SOLIMAR acquired by VIVALTO VIE?

SOLIMAR was acquired by VIVALTO VIE in 2020.

What was the revenue of SOLIMAR at the time of the deal?

The revenue of SOLIMAR at the time of the deal is estimated to be in the range of 5M - 25M EUR.

How is the data for the SOLIMAR acquisition sourced and is it reliable?

Mynth data is contributed by a professional community of M&A and Private Equity experts. Each transaction, including the SOLIMAR deal, is systematically cross-verified by our team using private deal documents and official sources. You can also find the official press release for this transaction here: https://capitalfinance.lesechos.fr/deals/lbo/amundi-pef-valorise-vivalto-vie-230-m-1171512

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Home Database Healthcare & PharmaSOLIMAR

02/2020

SOLIMAR acquired by VIVALTO VIE

SPAIN Health Providers / Healthcare Facilities / Nursing Homes EV 20M - 50M EUR

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 in 2018, is valued in this transaction at an EV/EBITDA multiple of , a level to compare with the average currently observed in the Healthcare & Pharma sector (15.3x).

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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.

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Similar deals in Health Providers

List of similar M&A transactions (Date, Acquirer, Target, Country, Sub-sector)
Date	Acquirer	Target	Country	Sector
06/2020	ASKLEPIOS KLINIKEN	RHÖN-KLINIKUM	GERMANY	Clinics / Hospitals
03/2020	ORPEA	TLC GROUP	IRELAND	Nursing Homes
02/2020	CLARIANE	INICEA	FRANCE	Clinics / Hospitals
02/2020	AMUNDI PRIVATE EQUITY / SOCIETE GENERALE CAPITAL PARTENAIRES	VIVALTO VIE	FRANCE	Nursing Homes
01/2020	ARDIAN	SANTE CIE	FRANCE	Health Providers
01/2020	VIVALTO SANTÉ	MATHILDE MÉDICAL DÉVELOPPEMENT	FRANCE	Clinics / Hospitals
12/2019	CIRCLE HEALTH	BMI HEALTHCARE	UNITED KINGDOM	Clinics / Hospitals
07/2019	NAXICAP PARTNERS / ARDIAN	EMERA	FRANCE	Nursing Homes
07/2019	TRITON PARTNERS	ALERIS	SWEDEN	Clinics / Hospitals
07/2019	I SQUARED CAPITAL / UI INVESTISSEMENT / BNP PARIBAS DEVELOPPEMENT	DOMIDEP	FRANCE	Nursing Homes

REFERENCES

Valuation range: EV 20M - 50M EUR

Revenue range: 5M - 25M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of SOLIMAR by VIVALTO VIE are reserved for mynth community members. Register for free to unlock full data.

Authors: This transaction was contributed by a verified mynth contributor and cross-checked against available transaction documents and official company communications.