Successful Deals with PwC: Liebenau Schweiz gemeinnützige AG takes over the operation of Seniorenheim Bad Säntisblick from Fortimo Group AG

The Corporate Finance / M&A team is pleased to announce the sale of the operations of Seniorenheim Bad Säntisblick AG (“Bad Säntisblick”) from Fortimo Group AG (“Fortimo”) to Liebenau Schweiz gemeinnützige AG (“Liebenau Schweiz”). PwC supported the shareholders of Fortimo with M&A Lead Advisory services on the transaction.

The Swiss real estate developer Fortimo has held Bad Säntisblick in its property portfolio since 2016 and has also successfully managed its operation. As part of the strategic decision to focus on real estate development as the core business, Fortimo initiated a search for a new operator for Bad Säntisblick. Key criteria for a new operator were extensive experience in the elderly care sector and the ability to lead the strategic and operational development of the retirement home in the future. With Liebenau Schweiz, PwC could identify an experienced partner, which will continue to run the retirement home with the same ideology and a high level of expertise in the long term.

The transaction was signed on August 7, 2024 and the completion is subject to the necessary approvals by the respective authorities.