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
Phone: 01 402 5512

Media enquiries: communications@ccpc.ie

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