Gimv partners with Novicare to drive innovation and sustainable growth in specialized healthcare services

Leading European investment company Gimv has agreed to acquire a majority stake in Novicare from Gilde Healthcare.

Novicare, founded in 2008, is a Dutch provider of specialized medical and paramedical services for elderly and disability care institutions. The company employs approximately 250 healthcare professionals and serves more than 70 institutions and over 4,500 patients across the Netherlands. With its innovative stepped care model, use of telecare and digital tools and close collaboration with local partners, Novicare delivers efficient, high-quality and accessible care.

At the heart of Novicare are its healthcare professionals. The company provides a supportive working environment with a strong emphasis on personal development and flexibility. By actively investing in the education and training of new specialists, Novicare helps retain scarce talent and develop the next generation of healthcare professionals.

As pressure on the Dutch healthcare system continues to rise, Novicare plays an important role in maintaining access, quality and continuity of care. Backed by Gimv, the company will be able to further expand its impact, ensuring optimal service for patients both now and in the future.

The partnership aims to advance Novicare’s development of innovative care models and its supportive work environment for healthcare professionals. In line with IZA agreements, Novicare and Gimv will reinforce sustainable, locally embedded operations in collaboration with sector stakeholders, thereby contributing to a resilient and accessible Dutch healthcare system.

Jet Wiechers and Wencke van der Meijden, CEO and Deputy CEO of Novicare, commented: “Novicare is dedicated to supporting the healthcare sector through a focus on innovation and quality while striving to maximize our impact. Gimv is an ideal partner in this respect, given its strong track record in these areas.”

Elderd Land and Thomas Goudriaan, partner and principal in Gimv’s healthcare team in the Netherlands, added: “We are excited to support Novicare in its mission to make specialized care available to everyone. Novicare uses technology and innovation to help healthcare professionals deliver more efficient and effective care. The company’s unique approach ensures that patients receive the right level of care at the right time, tailored to their specific needs, and ultimately leads to optimal outcomes for patients by enhancing continuity, accessibility and quality of care. This strongly aligns with Gimv’s ambition to support leading innovative companies to the benefit of society.”

This investment underscores Gimv’s ambition to back sustainable businesses alongside talented management teams. The transaction is subject to customary regulatory and works council approvals.

Oaklins’ team in the Netherlands acted as the exclusive debt advisor and M&A buy-side advisor to Gimv, providing comprehensive support throughout the process. We advised on structuring and arranging the acquisition financing, as well as identifying and negotiating key transaction terms, ensuring an optimal outcome for Gimv. By combining our deep sector expertise in healthcare with strong relationships in the financing market, we delivered tailored strategic and financial guidance that enabled Gimv to successfully position itself for this partnership with Novicare. This seamless integration of M&A and debt advisory highlights Oaklins' strength as a full-service corporate finance house, dedicated to achieving the best outcomes for its clients.