M/19/041 – Fiducia Bidco/Sora Healthcare & Caringangels
Transaction details
The proposed acquisition whereby Fiducia Bidco Limited will acquire sole control of Sora Healthcare Limited & Caringangels Limited has been cleared by the Competition and Consumer Protection Commission.
| Notification date | Decision date |
|---|---|
| Friday November 29, 2019 | Friday, January 10, 2020 |
| Parties Involved | Business activities |
|---|---|
| Fiducia Bidco Limited | Fiducia Bidco is a wholly-owned subsidiary of Fiducia Healthcare, an Irish private limited company managed by MML Funds. MML Funds are private equity funds, providing growth capital to private businesses on the island of Ireland for expansion, acquisitions, recapitalisations and shareholder reorganisations. |
| Sora Healthcare Limited | Sora Healthcare Limited trading as Irish Homecare is a private limited company incorporated in Ireland providing domiciliary care and disability care services throughout the Republic of Ireland. |
| Caringangels Limited | Caringangels Limited is a related entity of Sora Healthcare Limited and provides disability care in the west of Ireland. |
| Economic sector | Media merger |
|---|---|
| Healthcare | No |
| Submissions from third parties due by: | |
|---|---|
| Phase 1 | Phase 2 |
| Thursday, December 12, 2019 | |
| Current status: Completed |
|---|
| Cleared (Phase 1) |
| Authorised Officer Assigned | Contact Details |
|---|---|
| Harry Costello | Email: harrycostello@ccpc.ie |
Media enquiries: communications@ccpc.ie
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