Clariane Completes Petits-fils Disposal in Strengthening Plan
Deal News | Jun 12, 2025 | Globenewswire
Clariane, a prominent European care community, has announced the signing of an agreement to sell its Petits-fils home care services network to Crédit Agricole Santé & Territoires for a gross disposal of €345 million. This transaction, expected to close in Q3 2025, is part of Clariane's broader strategy, announced in November 2023, to strengthen its financial structure by disposing of assets valued at €1 billion. The sale of Petits-fils follows a competitive process and is completed six months ahead of schedule, contributing an average EBITDA multiple of 14x. This move has strengthened Clariane's balance sheet and restored its access to financing in a challenging economic environment. Petits-fils, acquired by Clariane in 2018, has grown significantly, operating 292 branches and contributing €56 million to Clariane's revenue in 2024. The acquisition by Crédit Agricole Santé & Territoires is expected to enhance Petits-fils' growth, leveraging the buyer's local presence. Additionally, Clariane and Crédit Agricole Santé & Territoires are exploring a partnership to offer comprehensive care solutions across France.
Sectors
- Healthcare Services
- Financial Services
Geography
- France – The transaction involves Clariane and Crédit Agricole Santé & Territoires, both operating within France, with Petits-fils' operations primarily in this country.
- Europe – Clariane operates across several European countries, emphasizing the broader geographic context of its operations and the strategic nature of the transaction.
Industry
- Healthcare Services – The article focuses on Clariane, a major provider of healthcare and home care services across Europe, and its disposal of the Petits-fils home care network.
- Financial Services – Crédit Agricole Santé & Territoires is involved as the acquirer, indicating relevance to the financial services sector, particularly in healthcare financing.
Financials
- 345 million – The gross disposal value received by Clariane from selling the Petits-fils network.
- 14x – Average EBITDA multiple achieved through the asset disposal program, indicating transaction valuation.
- 56 million – Revenue contributed by Petits-fils to Clariane Group in 2024.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Clariane | Selling Company | Company | Clariane is a leading European care community, focusing on various healthcare services across multiple countries. |
| Crédit Agricole Santé & Territoires | Bidding Company | Company | Crédit Agricole Santé & Territoires is a division of Crédit Agricole focused on healthcare investment and operations. |
| Petits-fils | Target Company | Company | Petits-fils is a home care service provider catering to the elderly, operating a franchise network in France. |