IDH (now {my}dentist) agrees to sell DD Group
Palamon Capital Partners and IDH Group are pleased to announce that they have entered into a binding agreement to sell DD Group, formerly branded Dental Directory, the UK and Ireland’s number one dental and medical aesthetics distributor and service provider, to an affiliate of Sun European Partners, LLP.
Palamon partners with IDH management in take out of Carlyle
Palamon Capital Partners is pleased to announce that it has partnered with the management team of IDH Group to enter into a binding share purchase agreement to acquire The Carlyle Group’s shareholding and the shares held by the other minority shareholders in the Company to become the sole equity sponsor.
Palamon completes roll-over investment in Ober Scharrer Gruppe alongside Nordic Capital
Palamon Capital Partners has completed a roll-over investment, alongside core Palamon investors Adams Street Partners and PGGM, in Ober Scharrer Gruppe following the sale of the Company by Palamon to majority owner Nordic Capital Fund IX in 2018.
Palamon agrees sale of Ober Scharrer Gruppe to Nordic Capital
Palamon Capital Partners, a pan-European growth investor, has agreed the sale of OberScharrer Group to Nordic Capital Fund IX. The sale, which is subject to regulatory approvals, will generate investment returns of 3.6x invested capital for Palamon. The full terms of the transaction were not disclosed.
Palamon closes €550 million sale of SARquavitae for 3.0x return
Palamon Capital Partners has completed the sale of SARquavitae, the leading elderly care provider in Spain for €550 million. Palamon sold SARquavitae’s operating business to GeriaVi, which holds Geriatros, another leading player in the Spanish elderly care market, and is a subsidiary of DomusVi for €440 million.
Palamon agrees sale of SARquavitae for a 3.0x return
Palamon Capital Partners has agreed the sale of SARquavitae, one of the leading elderly care providers in Spain, to HomeVi S.A.S. a portfolio company of PAI Partners. The transaction is subject to receipt of antitrust clearance from the European Commission and is expected to close in the first quarter of 2017. The sale will result in an investment return of 3.0x for Palamon.
Palamon Capital Partners sells POLIKUM to SANA
Palamon Capital Partners, one of Europe’s leading mid-market private equity firms, has agreed the sale of POLIKUM GmbH, a German operator of outpatient health clinics (OHCs) to SANA, a leading private-sector hospitals operator in Germany.
Palamon exits from Prospitalia for a 3.0x return
PS S.à r.l. which is majority-owned by the funds managed by Palamon Capital Partners, has successfully disposed of its investment in PS TopCo GmbH to an undisclosed investor. PS TopCo GmbH is a parent of Prospitalia GmbH. Palamon is one of Europe’s leading mid-market private equity firms and, over the term of its investment in PS S.à r.l., has generated a return of 3.0x on capital invested.
The Carlyle Group, in partnership with Palamon Capital Partners, has acquired DBG (UK) Limited
Global alternative asset manager The Carlyle Group and Palamon Capital Partners today announced the acquisition of DBG (UK) Limited from Synova Capital. The terms of the transaction were not disclosed.
Palamon invests in the OberScharrer Group in Germany
Palamon Capital Partners, one of Europe’s leading mid market private equity firms, has invested in the German medical services business OberScharrer Group. Details of the transaction were not disclosed.
The Carlyle Group, in partnership with Palamon Capital Partners, is to acquire dental service
Global alternative asset manager The Carlyle Group announced today that it has signed a binding agreement to acquire Integrated Dental Holdings, from Bank of America Merrill Lynch Capital Partners, and simultaneously merge it with Associated Dental Practices in partnership with private equity firm Palamon Capital Partners. Carlyle will hold a majority of the newly combined entity and Palamon will share joint governance. BAMLCP is fully exiting its stake in IDH. The proposed merger of IDH and ADP is subject to relevant regulatory approval.
Palamon and G Square backed Grupo SAR becomes the Spanish leader in elderly care
Grupo SAR, a leading Spanish provider of care to the elderly backed by European Private Equity firms Palamon Capital Partners and G Square, has announced the acquisition of Mapfre Quavitae, the third largest operator in the Spanish residential care market, for an undisclosed amount. The transaction is subject to regulatory approvals.