Key Takeaways
- Sector: Healthcare Healthtech & Medtech.
- Geography: Netherlands.
Analysis
AURELIUS Private Equity has signed an agreement to buy the care division of family-owned Louwman Group, stepping into the Netherlands’ market for mobility aids and home adaptations. The unit — operating across five business lines — reported €149.1m in revenue in FY2024 and employs 715 people.
The business supplies mobility-related aids, vehicle conversion services and residential modifications under multi-year, tender-based contracts and leasing arrangements with municipalities, care institutions and private customers across the Netherlands. AURELIUS’ mid-market buyout team said the platform’s national footprint and steady contract book are attractive foundations for independent growth.
Operationally, AURELIUS intends to work with management and its operations arm WaterRise to sharpen procurement, streamline the operating model and broaden service offerings. The private equity firm highlighted priorities including service-level improvements and a careful carve-out process, with special focus on business continuity and IT separation readiness during the transition.
Senior executives framed the deal as part of an active pan-European push by the firm. Fabian Steger, Managing Director for AURELIUS Funds IV and V, said the acquisition reflects the group’s cross-border capacity and its strategy to create standalone businesses from corporate carve-outs. Gilles van Kooten, Managing Director Benelux at AURELIUS Investment Advisory, underlined potential operational efficiencies and the scope to drive sustainable, profitable growth while keeping service quality high.
The transaction remains conditional on consultation with the works councils and routine regulatory clearances. AURELIUS expects to complete the separation and closing by the end of the year or early next year, subject to those approvals. Advisers to AURELIUS on the deal included figures from M&A, legal and financial advisory teams.
Looking ahead, AURELIUS’ immediate tasks will be executing the carve-out without disrupting long-running public-sector contracts, integrating separation plans for IT and HR, and rolling out procurement and service-delivery improvements. If managed well, the deal could position the business as a scaled independent provider of mobility support services in the Dutch market — an outcome that would fit current private-equity interest in resilient, service-oriented healthcare niches.