At what enterprise value was TLC GROUP acquired in 2020?

During the acquisition of TLC GROUP by ORPEA in 2020, the transaction's Enterprise Value is estimated to be in the range of 100M - 350M EUR.

When was TLC GROUP acquired by ORPEA?

TLC GROUP was acquired by ORPEA in 2020.

What was the revenue of TLC GROUP at the time of the deal?

The revenue of TLC GROUP at the time of the deal is estimated to be in the range of 25M - 50M EUR.

How is the data for the TLC GROUP 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 TLC GROUP 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://renatus.ie/renatus-weekly-ma-newsletter-22-03-2020/

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Home Database Healthcare & PharmaTLC GROUP

03/2020

TLC GROUP acquired by ORPEA

IRELAND Health Providers / Healthcare Facilities / Nursing Homes EV 100M - 350M EUR

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 in 2019, 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).

-> Deep-dive in Healthcare & Pharma market trends

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.

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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
07/2020	ORPEA	BRINDLEY HEALTHCARE	IRELAND	Nursing Homes
06/2020	ASKLEPIOS KLINIKEN	RHÖN-KLINIKUM	GERMANY	Clinics / Hospitals
02/2020	CLARIANE	INICEA	FRANCE	Clinics / Hospitals
02/2020	VIVALTO VIE	SOLIMAR	SPAIN	Nursing Homes
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	TRITON PARTNERS	ALERIS	SWEDEN	Clinics / Hospitals
07/2019	I SQUARED CAPITAL / UI INVESTISSEMENT / BNP PARIBAS DEVELOPPEMENT	DOMIDEP	FRANCE	Nursing Homes

REFERENCES

Valuation range: EV 100M - 350M EUR

Revenue range: 25M - 50M EUR

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.