
Altor exits Curato to Aleris
Altor has sold Norwegian radiology clinic group Curato Røntgen to Investor-owned private healthcare business Aleris in a trade sale.
The deal sees Altor divest all its shares in Curato to the trade buyer three years after acquiring the business in an SBO from Finnish buyout firm CapMan.
Aleris will finance the bolt-on with a mix of balance-sheet cash and new debt. The private hospital operator was owned by EQT between 2008-2010, before being sold to the Wallenberg family investment holding company Investor, which also owns a 20% stake in EQT.
Previous funding
Using its 2008-vintage €2bn Altor III vehicle, Altor acquired Curato from CapMan in September 2013.
CapMan had backed the company in July 2007, when it was called Telemark Group, through its CapMan Mezzanine IV fund.
Company
Headquartered in Oslo, Curato is a private radiology services group. The company employs 320 people across its 13 clinics in Norway and one in Sweden, generating NOK 517m of turnover in 2015.
People
Altor – Maria Tallaksen (director).
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater