Paris, April 27, 2017

Eurazeo PME sells the Colisée group to IK Investment Partners

Eurazeo PME, the Eurazeo investment subsidiary specializing in investments in medium-sized companies, has announced the sale of Colisée group to IK Investment Partners. Colisée is a key player in the global health care and old-age dependency sector and is the 4th largest French operator of nursing homes. Eurazeo PME initially invested in this sector in March 2013. The deal, which remains subject to the approval of the French Competition Authority, should be closed by the end of July 2017. The sale price for Eurazeo PME is €236 million.

Spurred by Eurazeo PME and with the support of the founder Patrick Teycheney, the Colisée group has bolstered its position as sector consolidator in France and launched its international expansion in Italy, Spain and China. In 2014, the company had 46 facilities and 2,200 employees. It now has 90 facilities, nearly 7,000 beds, 6,700 employees and close to 70 senior home care agencies. Pro forma 2017 revenue should amount to around €390 million, i.e. a twofold increase since 2014, demonstrating its operational excellence under the leadership of Christine Jeandel, the Group's Chairwoman.

For Emmanuel Laillier, Managing Director of Eurazeo PME: "At the time of our investment, we had high hopes for Colisée in terms of external growth, both in France and abroad. We also sought to diversify into new businesses to create a comprehensive healthcare solution for the elderly by providing home care services. With Christine Jeandel at its helm, Colisée successfully completed all these strategic initiatives. We are convinced that the group will prolong this success story with the backing of IK Investment Partners." Christine Jeandel, Colisée Chairwoman, announced: "I would like to thank Eurazeo PME for its tremendous support these past few years. We are now in a good position further to pursue our growth strategy alongside IK Investment Partners." About Colisée

Colisée is a key player in the global health care and old-age dependency sector, which has developed a real expertise in elderly people care and well-being. Its network includes 90 facilities in France, Italy and Spain and close to 70 home-based services agencies in France. In those two business segments, Colisée employs more than 6.700 people. Its majority shareholder is Eurazeo PME.

About Eurazeo PME

Eurazeo PME is an investment firm and subsidiary of Eurazeo dedicated to majority investments in French SMEs with a value of less than €200 million. Eurazeo PME acts as a long-term shareholder, providing its portfolio companies with all the financial, organisational, and human resources they need for a sustained transformation. With an investment horizon generally ranging from 4 to 6 years, the group guides its portfolio companies in creating sustained and, hence, responsible growth. This commitment is formalised and deployed through a CSR (Corporate and Social Responsibility) policy.

In 2016, Eurazeo PME generated €965 million in consolidated revenues and accompanied the development of 11 companies: Dessange International, Léon de Bruxelles, Péters Surgical, Colisée, Vignal Lighting Group, Flash Europe, MK Direct Group, Orolia, AssurCopro and The Flexitallic Group and Fondis Bioritech as a minority shareholder. These companies are solidly positioned on their markets and led by experienced management teams.

For further information, please visit our website: www.eurazeo-pme.com

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Eurazeo SA published this content on 27 April 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 May 2017 09:28:21 UTC.

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