Pava Partners is pleased to announce that ADAC SE is cooperating with Nui Care GmbH through a strategic investment.

Both companies are entering into a partnership to support family caregivers. To this end, ADAC SE is participating in the further development of Nui Care’s care solutions via a convertible bond and broad-based marketing. A digital care platform with personal advice is to be developed on the basis of the Nui app. The aim is to be the point of contact for all matters relating to care. For example, relatives are provided with reliable information and supported in organizing their everyday lives.

In the future, a jointly developed digital solution will also be offered to ADAC members. The common goal is a future in which senior citizens and people in need of care can live in good conditions in their own four walls even in old age and relatives can provide loving, high-quality care despite having a job, family and hobbies.

“Our partnership is designed as a strategic investment and is intended to establish our commitment to home care,” says Sascha Coccorullo, Head of Strategy at ADAC SE. “We want to support Nui’s activities in this important area of our society in the long term. In a second step, we are also planning to jointly develop digital solutions for private care management, which we will offer to ADAC members from 2024.”

“There are already around five million people in need of care in Germany today, while the number of caregivers is continuously decreasing and the system would collapse without them,” says Markus C. Müller, CEO of Nui Care GmbH. “In order to be able to help even more people, we are cooperating with ADAC SE and together we are taking care support to a new level. In this way, we are utilizing the trust in ADAC, its proven structures and enormous reach and combining them with the comprehensive expertise in the care sector, agility and innovative strength of Nui Care,” says the CEO, who is also active as a volunteer end-of-life caregiver.

About ADAC

ADAC SE, headquartered in Munich, is a stock corporation under European law that offers mobility-oriented services and products for ADAC members, non-members and companies.

It consists of 25 subsidiaries and associated companies, including ADAC Versicherung AG, ADAC Finanzdienste GmbH, ADAC Autovermietung GmbH, ADAC Service GmbH and ADAC IT Service GmbH.

As a growth-oriented market player, ADAC SE is driving forward the digital transformation across all its businesses, focusing on innovation and future-proof technologies.

As part of its corporate purpose – investing in companies and providing business services – ADAC SE also manages the shares it holds in its subsidiaries.

ADAC e.V. holds a majority stake of 57.74 percent in ADAC SE. Further shares are held by the ADAC Foundation (25.10 percent) and several ADAC regional clubs via holding companies (17.16 percent).

About Nui Care

Nui Care GmbH, based in Munich, was founded in 2018 and is the leading hybrid platform for all aspects of care. An interdisciplinary team of experts supports family caregivers with a digital app and personal advisory services.

The aim is to provide caregivers with all relevant information from a single source, to give them access to all the benefits to which they are entitled and to support them in the actual implementation. Whether applying for benefits, organizing doctor’s appointments or learning how to do things, Nui helps with care and thus improves the well-being of family caregivers.