– Ardian has acquired a majority stake in Dovida (Horizon Home Care Group AG), a Swiss-based provider of non-medical home care services.
– Shares were acquired from founder and CEO, Paul Fritz, Unigestion, and Swiss family office Verium.
– Paul Fritz remains CEO and a major shareholder and will reinvest significantly in the company alongside Verium.
– Verium Team: Marc Erni, Stephanie Roller, CFA, Severin Stefanini
– Dovida’s management team will also hold a stake in the company.
– Financial terms of the transaction were not disclosed.
– Dovida was founded in 2007 in Switzerland, originally under the name Home Instead.
– The company employs approximately 12,000 individuals.
– Offers a wide range of non-medical home care services including: Companion care, Home help, Basic care, Overnight assistance, Dementia care, Palliative support, and Assistance for caregiving relatives, and Enables clients to continue living at home in line with their preferences.
– Headquartered in Rheinfelden, Switzerland.
– Operates in Switzerland, Ireland, Australia, and the Netherlands, with over 70 local branches.
– Recognized as a sector leader due to high satisfaction among clients and employees.
– Growth has been achieved through both organic expansion and strategic acquisitions.
– Strong internal processes and quality standards are the result of founder-led management.
– With Ardian’s backing, Dovida aims to accelerate its international growth while maintaining high care standards.
– Paul Fritz, Company Founder and CEO, Dovida: “Partnering with Ardian is an honour and a testament to our successful track record. The quality standards provided by Dovida are increasingly setting the benchmark in our industry.”
– Yannic Metzger, Managing Director, Expansion, Ardian: “Dovida provides solutions tailored to the demands of an aging society. The company recognizes both the growing need and the importance of enabling individuals who require assistance to remain in their familiar environments for as long as possible, while supporting their independence.”
– Philipp Scheier, Partner at Unigestion Private Equity: “It has been a great pleasure to collaborate with Paul Fritz and his team. Dovida is a true leader in its field, with a visionary founder-CEO, a talented management team and passionate caregivers. We wish Dovida continued success alongside its new partner, Ardian.”
