The pandemic has caused untold difficulty for the residents, and the operators of, Ireland’s nursing homes. But, as the sector sought to manage with Covid-19, it has also been dealing with another striking issue: dealmaking. Private equity houses and international operators have been acquiring Irish nursing homes at a breakneck pace. Hunting for yield, global finance has decided that the sector in Ireland is fertile ground, and it has been on a land grab. Foreign capital has acquired part, or all, of eight of the largest 15 private operators in the country in recent years. The multiples for the deals…

Want to continue reading?

Join today with an Annual membership and get full access to The Currency for just €200 (68c per day) or try monthly membership for just €5 for your first month.

Subscribe

Cancel at any time.

Are you already a member? .