Pia Mater, a social services firm, has been acquired by SAT Heath
The founders of Pia Mater Ltd. have sold the company to SAT Health.
Pia Mater provides social services for elderly people in Bulgaria. The company is the leader in the specialized-at-home care and offers 7 days a week in-home visits for seniors and disabled people, satisfying their essential needs and providing vital companionship and lookovers. With its institutionalized approach Pia Mater responsibly takes care for its clients’ day-to-day needs, including nutrition, medication, cleaning, personal care and shopping.
Headquartered in Bulgaria, SAT Health is a reliable, certified healthcare information and technology provider. The company offers a wide range of solutions for the sector, performing expert healthcare system analysis and providing effective technology solutions. SAT Health’s service portfolio is based on solid data audits and specialized market healthcare research, providing solutions for the entire healthcare industry. It serves pharmaceutical companies, pharmacies, pharma wholesalers, medical and industry associations, and administrative bodies.
Oaklins’ team in Bulgaria acted as lead M&A advisor to the sellers managing the overall sale process, including the go-to-market strategy, the approach and negotiations with potential buyers and the preparation of the due diligence process, and assisted them until closing.
Nina Dimitrova
Co-founder and CEO, Pia Mater Ltd.
Talk to the deal team
Related deals
Bayer AG has entered into a takeover agreement with Cara Care
Bayer AG, renowned for its advancements in healthcare and life sciences, has finalized the acquisition of Cara Care (HiDoc Technologies GmbH), which entered debtor-in-possession proceedings in October 2024. Cara Care, an innovative digital health platform and official DiGA, aligns perfectly with Bayer’s strategic focus on digital health and the expansion of its innovative solutions portfolio. The transaction is expected to close in Spring 2025.
Learn moreMark Climate Technology has acquired Heber GmbH
Heber GmbH has been acquired by Mark Climate Technology, a specialist in climate control systems and a portfolio company of Bolster Investment Partners. This partnership strengthens the positions of both companies in the global market for innovative and sustainable climate solutions, as well as creating unique synergies. Mark Climate's expertise in standardized, scalable solutions is enhanced by Heber's emphasis on customer-specific customization.
Learn moreGrupo Veta 2017 S.L. has been acquired by MSA Mizar
The Franco-Belgian fund Kartesia has sold Grupo Veta 2017 S.L. to the Italian group MSA Mizar. Kartesia, the main shareholder of Veta+ together with its founding partner, has sold 100% of the capital. For MSA Mizar, this transaction represents the consolidation of its presence in Spain, the entry into the multi-risk claims management market and the opportunity to apply Veta+’s expertise to other European markets.
Learn more