123Venture invests €11m in Philogeris Residences

The fresh capital has allowed Philogeris to acquire seven retirement homes as well as Resideal Santé, a structure providing services to independent retirement homes managers.

The new group now comprises seven retirement homes able to host 500 patients. Philogeris employs 248 people and forecasts a €18m turnover for 2011.

The unquote" team is currently researching this transaction. In-depth deal information for subscribers will follow shortly.

If you have any information regarding this transaction, please contact Grégoire Gille on +44 20 7484 9824 or gregoire.gille@incisivemedia.com

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

• Topics
• France
• Expansion
• Healthcare
• France
• Acquisition finance