Waterland-backed Schönes Leben acquires Mediko

Waterland acquired elderly care home operator Compassio via its new holding company, Schönes Leben, in late 2017 – the acquisition of Compassio was the first step in Waterland's buy-and-build strategy in the retirement care sector. At the time, Compassio operated 28 care homes with 3,058 places for elderly people in southern Germany, and generated revenues of around €110m.

This acquisition complements Schönes Leben's care business unit and the company will also acquire Medkio's real estate portfolio.

Waterland has since supported several acquisitions including Gut Köttenich Group and A+R.

With some care homes currently under development, Schönes Leben is expected to grow to more than 10,000 nursing homes with facilities in more than 100 locations.

Company
Mediko, headquartered in Winsen, currently operates 20 retirement homes in Lower Saxony, Hamburg and Rhine-Westphalia. Its services include in-patient care, daily care and serviced living.  Mediko also develops new care facilities and operates 18 locations in Germany, with approximately 1,400 staff.

People
Waterland Private Equity – Carsten Rahlfs (managing partner).
Schönes Leben – Marc Hildebrand (CEO).

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

• Topics
• Expansion
• DACH
• Healthcare
• healthcare
• Germany
• Waterland Private Equity
• Build-up
• Buy-and-build