TLC Group acquired by Orpea

IRELAND Health Providers / Healthcare Facilities / Nursing Homes EV €100–350M

Context

Orpea Groupe acquired 100% of TLC Group from its founder marking the French nursing home giant's entry into the Irish market. The transaction follows Orpea's well-established pattern of entering new European markets through the acquisition of well-run, high-quality local platforms with strong occupancy rates and an established reputation, rather than through greenfield development. Ireland represented an attractive entry point for Orpea given the structural undersupply of nursing home capacity in the Greater Dublin region, strong demographic growth, and a regulatory and reimbursement framework broadly comparable to other Western European markets in which Orpea already operates.

TLC Group, which reported an EBITDA margin of [members only] in 2019, is valued in this transaction at an EV/EBITDA multiple of [members only], to compare with the average observed in the Healthcare & Pharma sector (14.6x in 2020).

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Target

TLC Group is an Irish nursing home operator, operating five nursing homes across the Greater Dublin region. The group is characterised by exceptionally high occupancy rates of 97%–99%, reflecting strong demand dynamics in the Dublin elderly care market and the quality of TLC's operations.

Ent. Value

€100–350M

Equity Value

[members only]

Multiples

EV / Revenue

2x–6x

EV / EBITDA

[members only]

EV / EBIT

[members only]

Historical Financials (EUR)

Year

Rev

EBITDA

EBIT

2019

2018

Other operations with Orpea

Other operations with Orpea
Date	Acquirer	Target	Country	Sector
07/2020	ORPEA	BRINDLEY HEALTHCARE	IRELAND	Nursing Homes

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REFERENCES

Valuation range: EV €100–350M

Revenue range: €25–50M

EV/Revenue range: 2x - 6x

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of TLC Group by Orpea 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.

FAQ

What transaction does this page cover?

This page covers Orpea’s acquisition of 100% of TLC Group, an Irish company specialised in Healthcare Facilities, in 2020.

How was the acquisition of TLC Group by Orpea valued, and what multiples were paid?

mynth displays the transaction’s enterprise value within the €100–350M band and its EV/revenue multiple within the 2x - 6x range. Exact figures are available to members.

What was TLC Group’s revenue at the time of the deal?

At the time of the transaction, TLC Group’s annual revenue was estimated within the €25–50M range (FY 2019). Detailed financial figures are available to members.

How does the valuation of TLC Group compare to benchmarks in the Healthcare & Pharma sector?

Transaction multiples for this specific deal are exclusively reserved for mynth members. Nevertheless, transactions tracked by mynth in this sector reveal an average benchmark multiple of 14.6x EBITDA during 2020.

What sources support the information on this transaction?

Transaction intelligence is supported by independent reporting from specialized financial publications, alongside a private document shared by the community and verified by the mynth team to ensure the accuracy of the shared information.

What is mynth?

mynth is the first free M&A database dedicated to Small & Mid-Cap transactions. We centralize Enterprise Values, revenue multiples, EBITDA multiples and transaction financials that are typically locked behind five-figure subscriptions on platforms like Capital IQ or Mergermarket. On mynth, searching and browsing deals is completely free. Our mission is simple: make professional-grade valuation intelligence accessible to every M&A advisor, independent consultant, Private Equity professional and student, without the burden of expensive annual licenses.