CDPQ and EQT Infrastructure V have co-invested in Paris-based elderly care provider Colisée.
Colisée operates more than 270 nursing home facilities and home-care-services agencies, mainly in France, Belgium, Spain and Italy.
The acquisition comes following discussions with Colisée that began in 2019 as part of CDPQ’s enhanced infrastructure investment strategy in Europe.
“For CDPQ, this acquisition represents a significant investment in health care infrastructure, an essential sector where needs are growing and where Colisée is well positioned,” said Emmanuel Jaclot, executive vice president and head of infrastructure at CDPQ. “Colisée’s excellent track record in terms of quality of care and resident well-being is a crucial element of this partnership, and is consistent with our ESG approach.”
Earlier this month, EQT announced the hard cap for its EQT Infrastructure V fund at €15 billion ($17.7 billion). The target fund size is €12.5
