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Orpea Increases Stake in Patria-Backed Brazil Senior Living to 50%

29 February 2020

The Brazilian subsidiary of Orpea, a France-based long-term care provider, increased its equity stake in Brazil Senior Living (BSL), a joint venture between Orpea and Patria Investments, to 50%.

(Global Legal Chronicle) The Brazilian subsidiary of Orpea SA increased to 50% its equity participation in Brazil Senior Living (BSL), a JV between Orpea and Patria Investments.

Brazil Senior Living S.A. operates long-term care institutions to provide medical services and assistance to elderly, physically handicapped, immunosuppressed, and convalescent patients in Belo Horizonte and São Paulo.

Orpea operates nursing homes. The Company, led by Yves Le Masne, Jean-Claude Brdenk and Laure Freres serves older clients in all stages of dependency through its facilities located throughout France.

Veirano advised Orpea with a team led by Partner Alberto de Orleans e Bragança (Picture), and included Partner Paula Surerus, and Associates Maria Cecilia Vieira and Ana Carolina Zattar.

Stocche Forbes team advising Patria Investments included Partner Fernanda Cardoso and Associates Daphne Minerbo and Pedro Rocha de Cunto.