Silver Care

Silver Care, a leading group of nursing homes in Germany focusing on stationary elderly care, was acquired by Chequers alongside its leadership team in a leveraged buy-out transaction in 2010. The company, operating in a resilient and highly fragmented market, pursued a unique organizational approach through strong local clusters, which enhanced the ability to adapt to different regional requirements.

Value creation

Chequers supported growth of the company through a series of follow-on acquisitions, which almost doubled the size of the business from initially 33 to 58 care facilities. During this period of strong growth, Silver Care followed a rigorous high-quality approach and was able to maintain a position as undisputed quality leader in the German stationary care market. Silver Care was sold in a trade sale to Orpea, a leading French player in the health care services sector in 2014.

Investment year
2010
Turnover at acquisition
€100-200m
Type of operation
Sector Consolidation
Business sector
Healthcare
Country
Germany