NEON advises Perpetua subsidiary ArteCare on takeover of two established care locations

19 April 2023 | NEON has advised ArteCare, a portfolio company of Perpetua Holding, on the acquisition of two established inpatient care locations from the insolvent Convivo Group.

Under the umbrella of the ArteCare Group, founded in 2007, a total of nine facilities are operated in northern and western Germany, providing daily care for almost 1,000 people in need of nursing care. Two further locations are currently being planned. ArteCare covers various forms of care from inpatient care services to innovative, combined care concepts.

Since 2021, Perpetua Holding has been supporting the company as a long-term partner in strategic issues and investing in the sustainable growth of the group as a majority shareholder and strong financial partner.

 

Background:

NEON regularly advises private equity investors such as Perpetua on investments and their portfolio companies – including ArteCare – on strategic acquisitions.