Waterland Private Equity has sold its stake in the Swiss nursing home operator SENIOcare to Swiss Prime Site AG, which is already active in the assisted living segment through its Tertianum group subsidiary.
The purchase price has not been disclosed.
Jörg Dreisow (pictured), Managing Partner of Waterland and responsible for the DACH region, says: "We have actively supported the successful business development of SENIOcare in the last three years and founded together with the company a strategic and financial basis for accelerated growth. The interest of a strategic investor with a complementary business model proves that SENIOcare is on the right track."