PALAMON – SALE OF SARQUAVITAE
Paneuropean private equity firm Palamon Capital Partners has announced the sale of SARquavitae for €550m. Palamon sold the business to GeriaVi for €440m and SARquavitae´s property companies to Euro Lagune for €110m. The company operates a network of nursing homes and healthcare centres for old age people. It has over 88 facilities across Spain with 12,000 staff and serves 200,000 people a year.