AURELIUS Private Equity Mid Market Buyout has signed an agreement to acquire the Care Division of Dutch family-owned Louwman Group, marking a significant addition to the firm’s growing portfolio. The business generated €149.1 million in revenue in FY2024 and employs 715 people across the Netherlands.
The Care Division comprises five units that provide mobility aids, home adaptations, and vehicle modifications for individuals with mobility challenges. Its customers include municipalities, care offices, institutions, and private individuals through multi-year, tender-based contracts and leasing models. The platform maintains a nationwide presence supported by durable operations and long-term relationships across the care ecosystem.
AURELIUS views the platform as a strong base for expansion and plans to collaborate with management to enhance procurement capabilities and refine the operating model. Its operations team, WaterRise, intends to broaden the range of services offered and elevate service delivery throughout the transition. The firm plans to ensure continuity during the carve-out process with careful attention to IT separation readiness and long-term operational stability.
The acquisition reflects AURELIUS’ active dealmaking throughout the year, as the firm has executed transactions across New York, London, Milan, Munich, and Amsterdam. The company sees a substantial opportunity to transform the Care Division into a standalone organization positioned to help more people live independently. Leaders at AURELIUS also expressed confidence in the potential to drive efficiencies, strengthen performance, and achieve sustainable growth in partnership with the Care Division’s existing team.
The transaction is subject to regulatory approvals and other closing conditions. It is expected to close by late 2025 or early 2026.
Support: AURELIUS received advisory support from Livingstone on M&A, Van Doorne on legal matters, and EY on financial and tax considerations.
KEY QUOTES
“This transaction marks our fourth deal in short order, demonstrating AURELIUS’ global scale: over the course of this year, we have executed transactions through our teams in New York, London, Milan, Munich and Amsterdam. Louwman Group’s care business is a high quality platform serving a critical need, which we plan to help turn into a strong standalone organization that helps people live more independently.”
Fabian Steger, Managing Director AURELIUS Funds IV and V
“We are proud to lead this transaction from AURELIUS’ Amsterdam office. Louwman Group’s Care business serves a vital need across the Netherlands, and we see strong potential to support management in driving efficiencies and elevating operational performance, while continuing to deliver high quality service. We are ready to support the business to deliver this service as well as sustainable, profitable growth.”
Gilles van Kooten, Managing Director Benelux at AURELIUS Investment Advisory
