DEFI et al. back DS Care funding

Swiss investor DEFI Gestion SA, Luxembourg-based Luxempart and French fund Sinequanon have invested a combined EUR20.2m into healthcare provider DS Care in a second round of funding.

Based in Luxembourg, the company was set up by the investor syndicate in early 2008 as a platform to facilitate a buy-and-build strategy in the private nursing homes sector, primarily in Italy and Germany. The new financing round will allow the group to finance multiple acquisition projects in the pipeline in Italy, including advanced projects where an exclusivity period has been obtained.

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