Pro Tip: Learn how to use HBI Alerts to follow your favorite topics

Europa Stream

 

Canary Care launches second iteration of activity monitoring system

UK-based scale-up Canary Care has released the second iteration of its intelligent activity monitoring system. Ian Burgess, the company’s Managing Director, tells us this will be the first product of this type that can integrate with energy appliances such as smart meters, and will help care providers and health researchers to improve care with the data it collects.

ADIA backs continuation vehicle for GL Capital’s SciClone Pharmaceuticals

A wholly owned subsidiary of the Abu Dhabi Investment Authority (ADIA), the sovereign wealth fund of Abu Dhabi, has become the lead investor in a $230 million single-asset continuation vehicle (CV) established by Chinese healthcare-focused private equity firm GL Capital for SciClone Pharmaceuticals, a US-based biopharmaceutical company.

UK’s GHO Capital sells VISUfarma to India’s Lupin for €190m

GHO Capital Partners, the London-based private equity firm that targets early stage and mid-market investments, has agreed to sell VISUfarma, its pan-European ophthalmic pharmaceutical company, to Indian pharmaceutical group Lupin for €190 million (~ ₹2,000 crore).

Sana Kliniken sells procurement arm to Nordic Capital-backed Vivecti Group

Sana Kliniken, Germany’s third largest for-profit hospital group by revenue, is selling its procurement arm, Sana Einkauf, to Vivecti Group, a major German healthcare procurement platform that has been owned by private equity firm Nordic Capital since 2018. A procurement expert tells us this deal looks like “a desperate attempt to finally achieve the long-awaited exit for Nordic Capital”.

emeis to reduce net debt by €700m through real estate vehicle

Europe’s largest nursing home group emeis plans to raise hundreds of millions of euros to help pay down its huge pile of debt by partially divesting 68 properties it still owns. Rather than simply doing full sale-and-leasebacks of these properties, the group is creating a special real estate investment vehicle to hold the assets, which it will retain a stake in.

Find Us