Dentix gets €200m KKR loan

Spanish dental care provider Dentix is to receive €200m of long-term credit financing from private equity firm KKR to fund its international expansion plans. We speak to CFO Daniel Anton.

MBAs and executive training courses – are they worth the time and money?

You can’t become an expert in healthcare services overnight - but there are courses, MBAs or much shorter executive training courses - which say they can help to transform you or your staff into the next generation of healthcare managers, leaders and entrepreneurs. But can they really do this - and are they good value for money? Where should you send yourself, or your staff, to fill any gaps in knowledge that might be putting the brakes on a career? And does it matter if the management course isn’t focussed on healthcare at all?

Hemsö buys nursing homes in Germany

Swedish property company Hemsö has acquired four nursing homes in Germany for €40m. A week later, it divested a portfolio of 35 properties in Sweden. CEO Nils Styf shares his views on both countries.

Interview: Nick Hernandez, CEO of US healthcare consultancy ABISA

Boutique US advisory firm ABISA says it is working with Swiss clients for a healthcare deal in Eastern Europe. The expansion is likely to focus on medical tourism, telehealth and oncology - ABISA’s three main areas of expertise. We talk to founder Nick Hernandez.

IFC invests in Turkey’s 1,000 bed Elazig PPP

IFC is investing €80m in a project bond towards the construction of the 1,000 bed Elazig Integrated Health Campus in Eastern Turkey, which will contain five healthcare facilities, as part of the PPP program developed by the Turkish Ministry of Health.

Circle Holdings: not just another Chinese deal

UK investor Circle Holdings is partnering with several Chinese groups to launch and operate a network of 10 clinics across China in the next six years. Stephen Sunderland, managing director at L.E.K. Consulting in Shanghai, says the deal is impressive.

Elsan expands to Morocco ahead of leveraged loan financing

France’s second largest hospital operator Elsan has bought a hospital in Morocco – Healthcare Europa understands. The moves comes as banks are lining up a leveraged loan backing owner CVC ahead of Elsan’s acquisition of MédiPôle Partenaires, the country’s third largest hospital group.

Singapore healthcare provider Fullerton aborts IPO

Singapore healthcare provider Fullerton has deferred its long-awaited IPO after a wave of complaints surrounding its business model, citing uncertain market conditions. We speak to Vivek Jetley, CEO of advisory firm Urbana Health.

Blow for Vithas in Nisa’s take over

Accionistas X Nisa, the platform regrouping Spanish hospital group Nisa’s minority shareholders, has managed to obtain a combined stake of over 50%. The news comes as a blow to Vithas, Nisa’s largest single shareholder, which has been trying to secure control of the company since the summer.

New hospital group to launch in central India

A new hospital group, Hamsa Soham, is to launch in the central Indian states of Bihar, Orissa and Jharkhand in the fourth quarter of 2017. Founder Dr. Ravi Singh, who previously worked as Paras Healthcare’s regional director, says the group wants to focus on the maternity sector in second and third tier cities.

Big opportunities in homecare for German distributors

Medigroba, a German medicalised homecare provider, just sold to private equity house SHS for an undisclosed amount. We talk to Uwe Steinbacher, managing partner at SHS, about opportunities in the sector.

Did Bupa pay too much for Oasis?

Bridgepoint-owned UK dentistry chain Oasis Dental Care has sold to Bupa for £835m – an estimated forward EV/EBITDA multiple of over 15x. We speak to a consultant close to the deal about Oasis’s valuation.