Ecura Helse og Omsorg (Ecura), a portfolio company of Longship Fund I, has made two new add-on acquisitions – Asor Helse and Accurate Care.
Asor Helse is a provider of home care and health services in the Norwegian market, with a focus on elderly care, personal assistance to disabled, and home health care. Accurate Care provides temporary staff for hire and qualified health personnel for permanent employment to the Norwegian health and care market. Asor Helse and Accurate Care had revenues of NOK118 million and NOK65 million, respectively in 2017.
Both companies have enjoyed solid growth in their respective markets and will benefit from added resources in the larger platform of Ecura. The acquisition of Asor Helse and Accurate Care will further strengthen Ecura in the home care market and provide a strong presence in the Oslo region.
The sellers will reinvest part of the proceeds in Ecura, alongside Longship, management and other investors. Longship will remain the majority owner.
