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12/2021

VIVALTO SANTÉ acquired by VIVALTO PARTNERS, IK PARTNERS, MACSF, ARKEA CAPITAL & BNP PARIBAS DEVELOPPEMENT

FRANCE Health Providers / Healthcare Facilities / Clinics / Hospitals EV 1b - 4b EUR

Context

Vivalto Santé completed its third LBO, with Vivalto Partners — Daniel Caille's newly created investment management vehicle — taking control of the group. IK Partners joined as a key new minority shareholder alongside a broad consortium of reinvesting French institutional investors and the Bpifrance-Mubadala sovereign duo. The transaction is notably characterised by a strong medical and employee shareholder component, with approximately 1,000 physicians and ultimately 35% of employees targeted as co-investors. The financing structure comprises a Term Loan B and a revolving credit facility, supplemented by subordinated instruments arranged by Hayfin.

The company previously completed an external growth operation by acquiring Mathilde MéDical DéVeloppement in 2020.

VIVALTO SANTÉ, which reported an EBITDA margin of LOGIN in 2021, is valued in this transaction at an EV/EBITDA multiple of LOGIN, representing a LOGIN to the average currently observed in the Healthcare & Pharma sector (14.8x).

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.

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Target

Vivalto Santé is a leading French private hospital and clinic group, founded in 2009 by Daniel Caille and a group of physicians, operating under a distinctive "third way" governance model that associates medical professionals and financial investors under a shared ownership and decision-making structure. The group has grown rapidly through an active acquisition strategy.

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Historical Financials (EUR)

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2021
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2020
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Other operations with VIVALTO SANTÉ

List of similar M&A transactions (Date, Acquirer, Target, Country, Sector, Deal Context)
DateAcquirerTargetCountrySectorDeal Context
01/2020VIVALTO SANTÉMATHILDE MÉDICAL DÉVELOPPEMENTFRANCEHealth Providers

Vivalto Santé acquired Mathilde Médical Développement, adding four establishments — two clinics and two radiotherapy centres — to its existing Normandie footprint. The acquisition complements Vivalto Santé's existing presence in the region through the Clinique de l'Europe in Rouen and the Hôpital Pasteur in Evreux. The deal follows a series of acquisitions completed in 2019, including the Hôpital Privé du Confluent in Nantes, the Polyclinique de l'Europe in Saint-Nazaire, and the Polyclinique du Parc in Cholet, reflecting Vivalto Santé's ongoing buy-and-build strategy across the French private hospital market.

REFERENCES

Valuation range: EV 1b - 4b EUR

Revenue range: 750M - 1.3b EUR

EBITDA range: 100M - 200M EUR

Note: This page provides detailed data on a private equity M&A transaction. Detailed and exact financial metrics for the acquisition of VIVALTO SANTÉ by VIVALTO PARTNERS / IK PARTNERS / MACSF / ARKEA CAPITAL / BNP PARIBAS DEVELOPPEMENT are reserved for mynth community members. Register for free to unlock full data.

Authors: verified mynth contributor (mynth data is contributed by M&A / PE professionals and systematically cross-verified with private deal documents and official press releases).

Target: vivalto santé

Acquirer: vivalto partners / ik partners / bnp paribas developpement / macsf / arkea capital