
Ardian, a world-leading private investment firm, acquires a majority stake in Horizon Home Care Group AG, a Swiss-based international provider of non-medical home care services operating under the name Dovida (“Dovida”). An agreement to this effect was signed. Ardian is acquiring the shares from the previous majority shareholder and company founder Paul Fritz, asset manager Unigestion, and Swiss family office Verium. Paul Fritz will continue to lead the firm as CEO and, along with Verium, will reinvest significantly in Dovida as part of the transaction. Dovida’s management will also hold a stake in the company. Further details and financial terms of the transaction were not disclosed.
Founded in 2007, Dovida employs approximately 12,000 individuals who provide home care services to those in need, enabling its clients to continue living in their own homes as long as possible and in accordance with their preferences. Dovida offers a wide range of non-medical services, including companion care, home help, basic care, overnight assistance, dementia care, as well as support for palliative situations and caregiving relatives. Dovida’s services not only enhance the quality of life for clients but also contribute significantly to society by alleviating pressure on inpatient care facilities, which are experiencing capacity constraints in many regions.
In addition to its domestic operations in Switzerland, the Rheinfelden-based company maintains a significant presence in Ireland, Australia, and the Netherlands, where it operates over 70 local branches. Dovida is recognized as a leading provider within its sector in numerous markets. This achievement is largely attributed to the company’s strong reputation for delivering high-quality care, as reflected by outstanding satisfaction ratings from both clients and employees. Central to this success is Dovida’s excellent management team, unwavering commitment to service quality, and well-established internal processes developed within a founder-managed company. Over nearly two decades since its inception, Dovida has built on this basis to realize successful international expansion, both organically and through strategic acquisitions. With Ardians’ support, the company plans to continue and accelerate this growth trajectory and further internationalize its operations. Throughout this process, Dovida remains committed to maintaining an uncompromising high standard of care as its core promise to its clients.
“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. With the expertise of Ardian in developing and internationalising companies, we are now opening up completely new opportunities to tap into new markets, improve people’s quality of life in those markets and take the strain off their families and the local healthcare system.” Paul Fritz, Company Founder and CEO, Dovida
“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. Dovida’s excellent reputation is a key contributor to its ongoing success. We appreciate the trust which founder Paul Fritz has placed in Ardian as a future partner, and we look forward to working together with him and the global management team.” Yannic Metzger, Managing Director, Expansion, Ardian
Participants
-
Ardian
- Ardian: Yannic Metzger, Dirk Wittneben, Nicolas Münzer, Janine Paustian, Bastian Spleiter
- Financial / Tax: Deloitte
- Commercial: LEK
- Legal (Corporate / Financing / Structuring): Niederer Kraft Frey
- ESG: AXA Climate
- Insurance: Marsh
- M&A Advisory: Lincoln International
ABOUT ARDIAN
Ardian is a world-leading private investment firm, managing or advising $180bn of assets on behalf of more than 1,850 clients globally. Our broad expertise, spanning Private Equity, Real Assets and Credit, enables us to offer a wide range of investment opportunities and respond flexibly to our clients’ differing needs. Through Ardian Customized Solutions we create bespoke portfolios that allow institutional clients to specify the precise mix of assets they require and to gain access to funds managed by leading third-party sponsors. Private Wealth Solutions offers dedicated services and access solutions for private banks, family offices and private institutional investors worldwide. Ardian’s main shareholding group is its employees and we place great emphasis on developing its people and fostering a collaborative culture based on collective intelligence. Our 1,050+ employees, spread across 20 offices in Europe, the Americas, Asia and Middle East are strongly committed to the principles of Responsible Investment and are determined to make finance a force for good in society. Our goal is to deliver excellent investment performance combined with high ethical standards and social responsibility.
At Ardian we invest all of ourselves in building companies that last.
ABOUT DOVIDA
Dovida provides person-centred home care which is carefully designed to support, empower and uplift individuals, and enhance their quality of life. Dovida’s global footprint spans six countries (Australia, Ireland, France, Netherlands, New Zealand, and Switzerland) delivering nine million hours of care each year. With a global presence and a local touch, Dovida delivers care that’s personal, empowering, and impactful.