Maisons Vivalto acquires Floralies Lachine and Floralies LaSalle for a transaction value of $80 million

Maisons Vivalto a group specializing in assisted-living and long-term care facilities for seniors announced the acquisition of two properties on the Island of Montréal which offer more than 500 beds covering seniors with decreasing independence for a transaction value equal to approximately $80 million. Maisons Vivalto is made up of Groupe Vivalto which manages a portfolio of more than 4000 long-term beds in Belgium and France, Crédit Mutuel Equity, the private equity arm of Crédit Mutuel Alliance Fédérale of France and Benoit Lellouche, Partner of Maisons Vivalto.