Helvita

Helvita operates several modern residential homes for the elderly across Germany. The market for elderly homes is in spite of some larger groups extremely fragmented in Germany. Single homes are owned by state, local community and caricatural as well as private institutions. Helvita sees major opportunities to add single and smaller groups of elderly homes to its portfolio providing additional scale efficiencies in administration and service areas. Majority-owned by Special Situations Venture Partners II since 2011.