Transaction

Clearwater advises the shareholders of Mathilde Médical Développement group on its sale to Vivalto Santé

Transaction

Mathilde Médical Développement group sold to Vivalto Santé

Sell-side

Undisclosed

Role

Advisers to the shareholders of Mathilde Médical Développement group on its sale to Vivalto Santé

Sector

Healthcare

Region

France & Belgium

Clearwater has advised the shareholders of Mathilde Médical Développement group on the sale of its operating assets and real estate to Vivalto Santé.

The Mathilde Médical Développement group is made up of the Mathilde Clinic in Rouen, the Bergouignan Clinic in Evreux and two radiotherapy centres in Evreux and Melun, France. The Mathilde Médical Développement group is one of the main players in the Normandy region and the leaders for many specialities, such as ophthalmologic surgery, gynaecologic surgery, heart surgery and ENT surgery. The Mathilde Médical Développement group has more than 550 employees and almost 150 medical practitioners, more than 350 beds and 28 operating rooms, and hosted 45,000 hospital stays and 37,500 radiotherapy sessions in 2018, with a reported revenue of €55m.

The operating assets and real estate have been acquired by Vivalto Santé, the third French private operator of acute care clinics with 34 establishments over six regions; Bretagne, Normandie, Pays de la Loire, Ile-de-France, Auvergne-Rhône-Alpes, Nouvelle-Aquitaine.

Following the acquisition, Vivalto Santé now owns more than 5,000 beds and generates more than €800m in revenues.

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We are delighted to have been accompanied by Clearwater in this operation and to join Group Vivalto Santé which has an outstanding medical project, significant regional development perspectives and a shared medical governance.

Dr Alain Menard, Chairman, Mathilde Médical Développement group
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The acquisition of Mathilde Médical Développement reinforces the geographic footprint of the Group in the Normandy region, and strengthens our number 3 position in the French private hospitalisation sector.

Daniel Caille, Chairman and CEO, Vivalto Santé

We are particularly proud to have accompanied one of the main Normandy clinics in France to join Vivalto. This outstanding operation underlines once more the involvement of Clearwater in the structuring of the French private hospitalisation sector.

Clearwater

Transactions