King & Wood Mallesons advised Parquest Capital on the acquisition of the Clinique du Souffle and of the Clinique of Val Pyrene, alongside the management, from Fontalvie to create the group 5 Sante.
Based in Perpignan (France), this new group is composed of four clinics specialised in the rehabilitation of chronic patients. The group employs 300 people and generates an annual turnover of €27 million. Dedicated to suite care and rehabilitation, these clinics are located in the Pyrenees-Orientales, Herault and Cantal (France).
Created in 2002, Parquest Capital (formerly known as ING Parcom Private Equity) is an independent investment firm with a well-established franchise on the French mid-market segment.
The KWM team was composed of Corporate partner Thomas Maitrejean and associates Augustin Fleytoux and Remi Pages; of Tax partner Raphaël Bera and associate Thomas Guillier; as well as of real estate associate Geraldine Palais. The firm has already advised Parquest Capital on the sale of FDI to Webhelp in September 2014.