ArteCare Acquires Majority Stake in MENetatis Group

MENetatis operates high-quality senior centers in five German states. ArteCare, with the support of Perpetua Holding, is expanding through acquisitions like that of MENetatis. Berlin-based Perpetua Holding invests long-term in European mid-sized companies, fostering their growth both strategically and financially.

 

About MENetatis

MENetatis is a family-run operator of residential senior centers, distinguished by its high quality and customer focus. Founded in 2016 in Bedburg near Cologne, the company has continually expanded and currently operates 17 locations across Hesse, Baden-Württemberg, Lower Saxony, Rhineland-Palatinate, and Saarland. Focusing on high-quality elderly care, MENetatis offers residential care services, assisted living, and day care options. The facilities of the MENetatis Group can accommodate up to 1,400 residents and employ around 1,000 staff members. Their commitment to residents and employees is evident in the high satisfaction levels and sustainable business practices.

About ArteCare

ArteCare GmbH & Co. KG, founded in 2007 by Philipp Hünersdorf, has established itself as a leading provider in the field of elderly care in Germany. Originally known as Artemed Pflegezentren GmbH & Co. KG, ArteCare offers a wide range of care services, from residential care and assisted living to day and short-term care. Supported by Perpetua Holding, which has been a majority shareholder and strategic partner since 2021, ArteCare pursues an ambitious buy-and-build strategy. Following the acquisitions of Convivo Group and Qualivita AG in 2023, the purchase of the MENetatis Group marks another milestone in ArteCare's growth strategy. Currently, ArteCare operates 28 locations with approximately 2,150 employees and plans to expand to 32 locations to care for over 2,500 residents. The company adheres to the highest quality standards, striving to enable a largely self-determined life for all residents.

About Perpetua Holding

Perpetua Holding GmbH is a Berlin-based, long-term investment holding specializing in established mid-sized companies in Europe. Perpetua invests the capital of international investors with entrepreneurial backgrounds, bringing together various business models under its umbrella. With an annualized total revenue of approximately 200 million euros and an annual investment volume of up to 100 million euros, Perpetua provides the necessary financial structures to support the success strategies of its portfolio companies. The investment criteria include established, profitable business models based in Europe, with investment amounts ranging from 15 to 75 million euros. Perpetua positions itself as a reliable partner for mid-sized companies, offering both financial and strategic support to ensure sustainable and qualitative growth. The recent acquisition of the majority stake in the MENetatis Group by its portfolio company ArteCare highlights the successful implementation of Perpetua's buy-and-build strategy and strengthens its position in the German elderly care market.

About ConAlliance

ConAlliance is one of the leading international advisory firms specializing in mergers and acquisitions in the healthcare sector. ConAlliance advises exclusively on corporate transactions in the healthcare industry, with core competencies in nursing, medical technology, medical products, pharmaceuticals, hospital management, healthcare IT, and other healthcare-related services and products, including healthcare real estate. In 2021, ConAlliance advised Perpetua Holding on the acquisition of the current ArteCare Group, which was then known as Artemed Pflegezentren Group.

For more information about ConAlliance, please visit www.conalliance.com.

Back to top