Global investment firm KKR has pulled out of a deal to take a majority stake in Spain’s biggest dental chain, Dentix, the company exclusively tells HBI. It is KKR's second high-profile decision not to invest in a large healthcare group this week.
One of Finland's regions has taken a stand against continued SOTE delays by opting to outsource its health and social services through a joint venture worth up to €1bn with a single operator. It's the first substantial tender since new outsourcing tenders were banned in 2016 - could other regions follow?
A specialist developer is planning to turn an underground carpark under a central London park near Harley Street into a four-storey subterranean healthcare and wellness development. Provisional talks with private hospital and diagnostic operators have been held, while wellness and leisure operators could be housed under the same roof. HBI talks exclusively to the team at Reef Group and its partners about the plan to transform historic Cavendish Square.
HBI understands that a majority stake is being sold by a fast-growing UK-based dental chain to a European PE fund. We name the group, buyer, price and multiple, and speak to a market expert about the deal.
Consumer healthcare M&A in the UK has seen a five year high this year clocking up 26 transactions in total according to a new report. Activity has been focused in dentistry, cosmetics, dermatology and fertility.