Loading...

News

Show news from

to

STAR Capital Partners acquires German nursing home operator

17 March 2008

STAR Capital Partners (‘STAR’) has acquired 100% of the share capital of Alloheim Senioren-Residenzen AG (‘Alloheim’).

Alloheim is one of the ten largest nursing home operators in Germany. It operates 13 facilities totalling 1,399 beds and 233 assisted living apartments across Germany. It has more than 1,300 employees and provides a full range of nursing home services, i.e. stationary care, ambulatory care, assisted living and specialised nursing care.

The business will be led by a new management team, Rainer Hohmann and Thomas Kupczik, who have long-standing experience in the German healthcare market. Rainer Hohmann was a member of the Management Board of healthcare group Fresenius AG, a global healthcare group with revenues of more than €8bn. Thomas Kupczik was the CEO of Wittgensteiner Kliniken, a subsidiary of Fresenius AG with over 1,500 acute and 4,000 rehabilitation beds. Prior to this, he was CFO of Damp Kliniken AG, an integrated healthcare group with more than 3,800 hospital/rehab and 660 nursing home beds.

STAR's aim is to develop Alloheim into one of the leading nursing home operators in Germany by taking advantage of organic and acquisition-led growth.

Contact

Map

Map