Tikehau Capital Announces the Planned Sale of Its Stake in Asten Santé

Regulatory News:

Tikehau Capital (Paris:TKO) announces the planned sale of its stake in Asten Santé to the La Poste Group.

Tikehau Capital and the other shareholders of Asten Santé are in exclusive negotiations with La Poste Group, for the sale of a majority stake in Asten Santé, one of the French leaders in home healthcare services. The transaction is subject to approval by the French anti-trust authorities.

Tikehau Capital had invested a total of circa EUR 28.5 million in Asten Santé in April 2014 and in April 2016 (via Salvepar) alongside the venture capital group Gemmes Venture and pioneer associations providing care for chronic illnesses. Tikehau Capital currently holds a 21% stake. Following the divestment of its stake, which will also terminatethe group’s agreements with the other shareholders, the sale will generate a pre-tax capital gain of approximately EUR 16 millions for Tikehau Capital before transaction fees.

Asten Santé is an innovative healthcare group and a leading player in the home healthcare services sector which is actively developing new business lines, particularly in the telehealth segment with H2AD.

Founded in 2013 by associations, which have been pioneers in providing care for chronic illnesses over the past 50 years, and by the venture capital group Gemmes Venture, Asten Santé is present in nine French regions through a network of six entities: Air à Domicile (Grand Est), Aliséo (Brittany, Centre Val de Loire and Pays de la Loire), ADIR Assistance (Normandy), DDS Assistance (Burgundy and Franche-Comté), SADIR Assistance (Occitanie and Nouvelle-Aquitaine) and S2A Santé (Ile de France). The Asten Santé group generates sales of EUR 100 million, employs 750 staff and provides homecare for 62,000 patients.

Tikehau Capital M&A advisors: Natixis Partners (Ludovic Tron, David Feiner), Neuflize OBC (Geoffroy Catrice, Jean-Baptiste Pavard)

Tikehau Capital legal advisor: Gate Avocats (Julien Augais, Timothée Giard)

Vendor due diligence: Ernst&Young (Jean-François Nadaud, Guilhem de Montmarin)

About Tikehau Capital

Tikehau Capital is an asset management and investment group which manages approximately €10bn of assets, with shareholders’ equity of €1.5bn. The group invests in various asset classes (private debt, real-estate, private equity and liquid strategies), including through its asset management subsidiary Tikehau IM, on behalf of institutional and private investors. Controlled by its managers, alongside leading institutional partners, Tikehau Capital employs 170 staff in its Paris, Milan, Brussels, London and Singapore offices.

Tikehau Capital is listed on Euronext Paris, compartment A (ISIN code: FR0013230612; Ticker: TKO.FP)

www.tikehaucapital.com

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Press Contacts :Tikehau Capital : [phone]Julien Sanson - [e-mail] 7 : + 44 781 864 18 03Leslie Jung - [e-mail]