PRINT THIS PAGE Healthcare sector remains active with EAC sale of French nursing home06/12/2004. Source: AltAssets. 
 UK-based private equity firm European Acquisition Capital has sold Reacti-Malt SAS, a French nursing home operator, for just under €100m to Suren Holding, a subsidiary of the French Batipart Group. The transaction provides further evidence of the high levels of trade and financial interest in the healthcare sector across Europe.
There had been speculation that the private equity firm Bridgepoint had also submitted a bid for Reacti-Malt but was not successful.
Interest in the sector from private equity groups has been underpinned by aging demographics, the attractive cash generative quality of care home providers, and the relatively fragmented nature of the industry. Among other buy-out firms that have been active in the sector are Blackstone, BC Partners, and 3i.
Major deals in the sector in recent months include the acquisition of the listed UK nursing homes group NHP by US private equity firm Blackstone and the acquisition of Four Seasons by Allianz Capital Partners.
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