Clariane Completes Financial Restructuring with Sale of Petits-fils
Deal News | Jun 12, 2025 | Globenewswire
Clariane (CLARI.PA), a leading European provider of care services, announced the sale of its home care network, Petits-fils, to Crédit Agricole Santé & Territoires for €345 million. This transaction, expected to close in Q3 2025, is part of Clariane's strategic financial restructuring plan which aimed to divest assets worth €1 billion. The sale ensures the Petits-fils network, which has grown from 58 to 292 franchise agencies since Clariane's acquisition in 2018, continues its development under its new owner. Credit Agricole will leverage its strong territorial presence to expand Petits-fils' offerings. Clariane's General Director, Sophie Boissard, emphasized the successful completion of the financial plan launched in November 2023, which strengthened the company's balance sheet and restored normal credit access. The transaction contributes to Clariane's mission of providing care for vulnerable populations and supports its ambitious business projects.
Sectors
- Healthcare Services
- Financial Services
Geography
- France – The transaction involves French-based companies and takes place in France.
Industry
- Healthcare Services – The article involves Clariane and Petits-fils, both operating in the healthcare services industry, with a focus on elderly care and home assistance.
- Financial Services – Crédit Agricole Santé & Territoires is a financial service entity involved in the acquisition of Petits-fils, highlighting the role of finance in the transaction.
Financials
- 345 million – The sale price of the Petits-fils network to Crédit Agricole Santé & Territoires.
- 14x – The average EBITDA multiple achieved through the asset divestment program.
- 1 billion – The total value of assets Clariane aimed to divest in its financial restructuring plan.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clariane | Seller | Company | A major European care services company, Clariane is divesting its Petits-fils network as part of a financial restructuring. |
| Crédit Agricole Santé & Territoires | Buyer | Company | A financial entity specializing in healthcare investments, purchasing Petits-fils from Clariane. |
| Petits-fils | Target | Company | A home care network focusing on providing services to the elderly, sold by Clariane to Crédit Agricole Santé & Territoires. |
| Sophie Boissard | Executive | Person | The General Director of Clariane, overseeing the strategic financial restructuring and divestment plan. |