EQT Infrastructure V fund has entered exclusive negotiations to acquire a majority stake in Colisee, owned by IK Investment Partners.
Established in 1976, Colisee is an operator of nursing home facilities and homecare services for elderly. The company, which is headquartered in Paris, has developed a geographical footprint and operates 270 nursing homes, as well as assisted living facilities and homecare services agencies, across France, Belgium, Spain and Italy. Colisee employs more than 16,000 people and has a turnover exceeding €1 billion ($1.2 billion).
With the acquisition of Colisee, EQT Infrastructure V will be 5 percent to 10 percent invested based on its target fund size. No decision has been made to date regarding the termination of the commitment period of EQT Infrastructure IV and the first fee date of EQT Infrastructure V.
