Bridgepoint buys French nursing home group for ?330m

Private equity house Bridgepoint Capital is to buy one of France’s largest nursing home operators Medica for ?330 million. Bridgepoint acquired the business from the French government. Medica has 87 homes and more than 7,000 beds and employs 3,200 staff across France. It is expected to make revenues of ?210m in 2003.Bridgepoint said the deal…

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