Oui Care has completed a minority LBO alongside BNP Développement, Banque des Territoires and Raise Impact

Oui Care has completed a minority LBO with new top-tier financial partners, BNP Paribas Développement and Banque des Territoires, alongside Raise Impact, a long-standing investor that has renewed its confidence in the company. This transaction forms part of a sustainable growth trajectory built around two key components: accelerating territorial coverage, largely driven by the expansion of its franchise model, and expanding its presence in the rapidly growing autonomy market.

Oui Care is the French leader in care services, with a portfolio of 13 reputable brands. As a multi-specialist player, the group serves all customer needs through a full range of at-home services, including housekeeping, senior and disabled care, childcare, gardening and small repair work. Oui Care operates an expanding network of more than 860 agencies, comprising 285 branch offices and over 575 franchises across France, Spain and other countries, driven by both new openings and acquisitions. With more than 20,000 employees worldwide, Oui Care is one of the largest employers in its sector, with the capacity to scale its operations rapidly. Having completed more than 50 M&A operations, including eight brand acquisitions over the last 10 years, the group has demonstrated its ability to acquire and integrate new businesses while preserving their strengths and expanding their service offering and geographical reach.

BNP Paribas Développement is the growth capital arm of BNP Paribas, investing minority stakes in French small and medium-sized enterprises (SMEs) and mid-cap companies. The team supports long-term value creation by providing flexible equity alongside management teams, without seeking control or adhering to strict exit timelines.

Banque des Territoires, part of Groupe Caisse des Dépôts (CDC), invests in projects and companies that support local development and social cohesion in France. With a long-term, mission-driven approach, its investments focus on sectors such as healthcare, ageing, housing and regional economic development. Its investment in the group fully aligns with the implementation of Caisse des Dépôts’ health and elderly care roadmap, which will deploy US$29 billion over the next five years.

Oaklins’ team in France acted as the exclusive financial advisor to Oui Care throughout the process. It ran a competitive dual-track approach, engaging a wide universe of French and European investors despite a challenging regulatory and political environment. The team supported management in securing two offers, navigating shifting market conditions and bringing BNP Paribas Développement and Banque des Territoires to a final agreement. It guided both investors through their assessment of the group and ensured a smooth process through to signing and closing. The team also coordinated the senior debt raise, structured the investor instrument and organized the management rollover. Overall, it helped Oui Care secure a robust, long-term shareholder base and strengthen its ability to deliver its next phase of growth.