The investment is aligned with the Gimv ambition of investing in sustainable businesses together with talented management teams.
• Novicare was founded in 2008, and now employs around 250 healthcare professionals delivering specialized medical and paramedical services to elderly and disability care institutions.
• Gimv is pleased to support Novicare in response to the growing demand for specialized care services. Meeting this need requires the adoption of innovative, effective, and efficient solutions, while upholding the highest standards and quality of care, which are cornerstones to the Novicare model.
• Gimv and Novicare will further invest in people and (digital) solutions, contributing to a resilient and sustainable Dutch healthcare system.
Private equity firm Gimv has acquired a majority stake in Novicare, a Dutch provider of specialized medical and paramedical services to elderly care and disability institutions. The shares are sold by Gilde Healthcare. The transaction remains subject to customary approvals, including works council clearance.
Founded in 2008, Novicare now employs around 250 professionals, serving over 70 institutions and 4,500 patients. The company stands out for its use of digital tools, telecare, and a stepped care model that enhances efficiency and collaboration with local partners.
Gimv will support Novicare’s management team, which will remain in place, in further investing in people and digital solutions to strengthen a resilient and sustainable Dutch healthcare system. According to CEO Jet Wiechers and Deputy CEO Wencke van der Meijden, Gimv is the ideal partner to help Novicare continue its focus on innovation and quality.
