French fund Infravia acquires Carechoice group in €60m deal

French fund Infravia acquires Carechoice group in €60m deal
CareChoice has a portfolio of six nursing homes Pic: RollingNews.ie

Nursing and retirement home group was purchased by Emerald Capital Partners in 2014

French investment fund Infravia has acquired the Carechoice retirement and nursing home group from Emerald Capital Partners, in a deal understood to be worth around €60 million.

Emerald, a private equity company headed by financier Alan McIntosh, bought the company for €28 million in 2014.

The deal will allow for the significant expansion of the Carechoice footprint, the company said in a statement this afternoon. Four Dublin sites have...

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