Waterland exits Seniocare to Swiss Prime Site

The company acquired three additional nursing homes during Waterland's investment period.

Waterland bought the business in November 2012, when it had an estimated turnover of around CHF 100m. The GP usually invests between €10-200m in companies operating primarily across the outsourcing, sustainability, travel, luxury and leisure sectors in northern Europe.

Despite the exit from Seniocare, Waterland remains invested in the healthcare sector; in December 2014, the GP merged its healthcare portfolio companies Median Kliniken and RHM Group.  

Company
Founded in 1983 in Wattwil, Switzerland, Seniocare operates 29 nursing homes across the country. The company employs 1,200 people. 

People
Jörg Dreisow is managing partner at Waterland.

Adviser
Vendor – Bär & Karrer (Legal); Credit Suisse (Corporate finance).

• Tweet  
• Facebook  
• LinkedIn  
• Google plus  
• Send to  

• Topics
• DACH
• Healthcare
• Exits
• Switzerland
• Trade sale