Petits-fils: Leading Senior Care Services Acquired by Credit Agricole
Deal News | Jun 12, 2025 | Globenewswire
Crédit Agricole Santé & Territoires has signed an agreement to acquire Petits-fils, a leading provider of at-home services for seniors in France, from Clariane. This acquisition is designed to position Crédit Agricole Santé & Territoires as a leader in the rapidly expanding sector of at-home care for seniors. This strategic move will strengthen its portfolio in supporting the aging population in line with its healthcare and territorial development strategies. The acquisition deal, valued at €345 million, is expected to create synergies within the Crédit Agricole group, enhance customer access to healthcare, and support the company's growth and territorial presence. Petits-fils operates over 292 franchises across France, catering to a population expected to see a marked increase in seniors opting for home care. The transaction is subject to regulatory approval and expected to conclude in the third quarter of the year.
Sectors
- Healthcare Services
- Financial Services
Geography
- France – The entire transaction and the involved entities, Crédit Agricole Santé & Territoires and Petits-fils, are based in France. The market and demographic considerations are specific to the French population.
Industry
- Healthcare Services – The acquisition of Petits-fils focuses on expanding Crédit Agricole Santé & Territoires' service offerings in the healthcare sector, specifically targeting at-home care for seniors.
- Financial Services – Crédit Agricole is a large financial services group, and this transaction is part of its strategic expansion into healthcare markets.
Financials
- €345 million – The enterprise value of Petits-fils in the acquisition deal by Crédit Agricole Santé & Territoires.
- €255 million – The estimated equity value of Petits-fils at the time of closing the deal.
Participants
Name | Role | Type | Description |
---|---|---|---|
Crédit Agricole Santé & Territoires | Acquirer | Company | A subsidiary of the Crédit Agricole group focused on expanding healthcare services. |
Petits-fils | Target Company | Company | France's leading provider of at-home services for seniors, with over 292 branches. |
Clariane | Selling Company | Company | The current owner of Petits-fils, selling the company to Crédit Agricole Santé & Territoires. |
Olivier Gavalda | CEO of Crédit Agricole S.A. | Person | Oversees the strategic direction of Crédit Agricole, involved in the acquisition strategy. |
Pierre Guillocheau | CEO of Crédit Agricole Santé & Territoires | Person | Responsible for the operations and strategic initiatives of Crédit Agricole Santé & Territoires. |