Leading Spanish operator of retirement homes - over 7,500 beds under management and an excellent reputation for service

3i introduced NXD and assisted with Marketing and Commercial Director recruitment through network. We also sourced new premises and negotiated with a number of potential real estate partners

Business expanded by more than 200% during our involvement

In 2003 to help accelerate expansion, we sold 50% of our stake to Grupo Lar, and then in 2006 we sold our remaining stake to Santa Lucia valuating the company at €77m, a 31%IRR