The transaction closed on 17 June 2021. The proceeds of the transaction were used to refinance the existing financial indebtedness of the Santé Cie group and finance its general corporate purposes. Refinancing has been made by way of a syndicated TLB and a revolving facility.
Santé Cie group is a leading specialist in home medical assistance in France and internationally.
Latham advised Ardian in the refinancing with a Paris finance team led by partner Xavier Farde, and counsel Carla-Sophie Imperadeiro, with Virginie Terzic and Matthieu Herviaux. Partner Xavier Renard with Clémence Morel on tax aspects. Partner Gaëtan Gianasso with David Chatteleyn and Ornella Capillon on corporate aspects.