Echo Elderly Care, a Romanian platform designed to develop a national network of high-quality elderly care services in Romania, has raised funding from Morphosis Capital Fund II. The funding will support the launch and scaling of Echo Elderly Care, including initial integrations and national expansion in Romania.
About Echo Elderly Care
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Echo Elderly Care is a national platform for elderly care and active aging services, created to develop a high-quality network of care centers across Romania through strategic acquisitions and greenfield investments.
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The platform delivers integrated solutions covering all levels of dependency and a wide range of medical needs, from socialization, prevention and vitality programs for independent elderly individuals to complex medical care services.
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Its objective is to set consistent quality standards and to support the responsible development of elderly living services nationwide. Echo Elderly Care aims to actively contribute to reducing Romania’s gap of specialized elderly care services while setting unified quality benchmarks nationwide.
Investment details
Morphosis Capital Fund II made a fourth investment, supported by Romania Recovery Equity Fund and InvestEU Fund, through the launch of Echo Elderly Care.
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Morphosis Capital is a private equity firm investing in Romanian and CEE SMEs with strong growth and expansion potential, focusing on sectors such as healthcare, B2B services, consumer products, retail, and niche manufacturing.
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Morphosis Capital Fund II, recently closed at €130 million, targets majority or co-control investments of €10–15 million in SMEs with €1–5 million EBITDA across Romania and selected CEE markets.
The funding will be used to launch and scale the Echo Elderly Care platform in Romania, including the integration of the first two centers (the AsertivO Elderly Center in Otopeni and Maria Theresia Seniorenresidenz in Sibiu), further acquisitions and greenfield projects, standardization of operations and medical protocols, and the development of a national network of elderly care facilities.