News About M&A/IPOs

 

Radiant – Max merger close to completion

South African-based healthcare operator Life Healthcare is expected to exit India-based Max Healthcare in the next 30 days, as the latter completes its merger with KKR-backed Indian hospital management company Radiant Life Care. HBI talks to a source close to the company to find out more.

Median process gets put back “3-4 years”

The sale of German rehabilitation giant Median Kliniken by owners Waterland may have been put back, HBI hears, though sources close to the company suggest otherwise.

Vivisol acquires in Germany and Brazil

Italian medicalised homecare group Vivisol has acquired two companies in Germany and three in Brazil. We spoke to the vice president of Western European operations at HBI 2019.

European Medical Center IPO still going ahead

Moscow hospital group European Medical Center (EMC) still plans to IPO in around a year and is likely to list more than competitor MD Medical's 35% free float, we are told, while minority owner Baring Vostok will not completely exit.

San Donato set to move into Russia

Italy's largest hospital group is "in the middle of acquiring" a hospital-based asset in the east of Russia - its first acquisition in the country.

Healthcare services remain resilient to economic downturn

Credit funds and whopping piles of dry powder ($1.8trn in 2018) should save the sector from a valuation crash despite general market underperformance and a dire macro economic backdrop, said Hedley Goldberg, partner at Rothschild at HBI 2019.

Ameos withdraws from Sana clinics acquisition – for now

Ameos, Germany’s largest provider of residential psychiatry by revenue, was set to finalise the acquisition of four Sana clinics today (Thursday, April4) but the deal has been postponed. We ask a Berlin-based analyst following the deal whether this would be a good deal for the company, and what lies in store for the seller.

Metropolis kicks off IPO, targets $175m

Indian lab group Metropolis kicked off its IPO yesterday (Wednesday, April 3). It hopes to raise Rs 1,200 crore ($175m). We speak to an India-based market expert about the move.

Manipal shows ambition amidst glut of Indian hospital exits

Indian hospital group Manipal Hospitals will soon have financial backing from three of the world's largest investors, with its chairman citing ambitious growth plans after failing to acquire Fortis last summer. A handful of smaller hospital groups across the country are likely to trade soon. Private equity group Blackstone looks set to invest $450m in […]

IVF group sells: two to go

Nordic private equity fund Impilo has acquired UK and Polish IVF group The Fertility Partnership (TFP) from its private equity and clinician shareholders, confirming our earlier stories.

Oaktree’s Greek entry could create rival consolidator to CVC

Oaktree Capital, which is set to merge with another asset manager, looks likely to acquire Iaso Group, one of Greece's largest hospital groups, creating a rival consolidator to CVC. It is significant as the massive Henry Dunant hospital looks likely to fall out of the private sector.

Triple sale kicks off in European IVF market

HBI can reveal that three substantial IVF groups are up for sale who, combined, are active in seven European countries. We reveal potential buyers, valuations and a snapshot of the markets.

Gilde Healthcare raises €200m fund for European healthcare providers

Healthcare-specialised private equity firm Gilde Healthcare launched its third fund last week worth €200m. The fund, Gilde Healthcare Services III, will focus on lower mid-market healthcare providers and medical product suppliers in the Benelux and DACH regions. Gilde is currently invested in nursing home operator Stepping Stones, domiciliary care, occupational healthcare and a number of […]

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