PE-backed Vivalto Santé acquires new clinic in France

Greg Gille
@unquotenews
10 June 2011

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Vivalto Santé, a French private healthcare company partly owned by a consortium of private equity investors, has acquired Polyclinique de la Baie d'Avranches for an undisclosed amount.

Vivalto's private equity owners did not inject any new equity to finance the bolt-on acquisition.

Crédit Agricole Private Equity, ING Parcom, BNP Paribas Développement and Crédit Mutuel Arkéa purchased 60% of private care company Cliniques Privées Associées in 2010. The company was later renamed Vivalto Santé and is controlled at 40% by medical practitioners.

Company
Founded in 1993, Vivalto operated three clinics in the Britanny region prior to this latest acquisition, with 900 available beds. Rennes-based Vivalto generates revenues of €120m.

Polyclinique de la Baie d'Avranches was established in 1974 and is based in Avranches, Normandy. It employs 160 people and posted a €15m turnover for 2010.

People
Daniel Caille is CEO of Vivalto Santé.