CVC and Portobello sell majority stake in Vitalia Home to StepStone and GREYKITE

2025-12-16T12:32:00
Spain

Cuatrecasas advises CVC and Portobello on sale of majority stake in Vitalia Home care homes group to StepStone and GREYKITE

CVC and Portobello sell majority stake in Vitalia Home to StepStone and GREYKITE
December 16, 2025

Cuatrecasas has advised CVC Advisers Services and Portobello Fund III on selling a majority stake in Vitalia Home to investment managers StepStone and GREYKITE. Vitalia Home is a group specialized in comprehensive care and the management of social and healthcare services for older adults.

Following a negotiation process that began at the start of 2025, the transaction was completed in November, once the customary conditions precedent for this type of transaction had been fulfilled.

The transaction involved the transfer of a majority stake by CVC, which had previously controlled 80% of the group and now holds approximately 10%, the same ownership stake retained by the founder and president of Vitalia Home. Portobello Capital, which until now held close to 10% of the share capital, has divested its stake.

The Cuatrecasas team advising on the transaction was led by Javier Martí-Fluxá, and included Marcos García, Carlota Tojo, Sol Sánchez, and Estela Castillo (Corporate and M&A); Miguel Cruz and Carla Albert (Finance); and Enrique Carrera, Julene Areitio, Pablo López, and Mario Más (Competition and FDI).

December 16, 2025