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

M&A/IPOs

 

CapVest acquires German generics maker Stada for €10bn

London-based PE firm CapVest has bought a 70% stake in German pharma company Stada, in Europe’s biggest healthcare deal of 2025 so far. Bain Capital and Cinven, the company’s joint PE owners since 2017, will continue to hold the remaining 30%.
September 11, 2025

Macquarie buys 40% stake in Luz Saude

Infrastructure investor Macquarie has bought a 40% stake in Luz Saude, Portugal’s second largest private hospital group by revenue, for a base consideration of €310 million. The deal values Luz Saude at €1.1 billion in terms of enterprise value, a 9.5x multiple of the group’s 2024 EBITDA.
September 9, 2025

Boots to be spun off from WBA

US PE firm Sycamore Partners has completed its $10 billion take-private of Walgreens Boots Alliance (WBA), a US healthcare, pharmacy and retail company that owns UK pharmacy chain Boots. Sycamore has decided to separate off Boots, as expected.
September 4, 2025

Two Aussie imaging groups snapped up by PE firms

Two medium sized Australian radiology providers have been bought by private equity firms in separate transactions this month. Meanwhile, reports have emerged that the country’s largest imaging group, I-MED, may IPO, after a failed sale attempt.
August 28, 2025

Gimv buys Novicare from Gilde Healthcare

Belgian PE firm Gimv has bought a majority stake in Novicare, a Dutch healthcare staffing company, from Dutch specialist healthcare PE investor Gilde Healthcare. Rune Aresvik, an expert on the Dutch healthcare market, tells us Novicare’s relatively unique business model has potential to be scaled within the Netherlands and possibly exported to other European countries.
August 28, 2025

H.I.G. Capital buys Avanta Salud

Private equity firm H.I.G. Capital has acquired a majority stake in Valencia-based Avanta Salud Integral, one of Spain’s largest occupational health providers.
August 28, 2025

Inflexion sells European LifeCare Group to Findos

European mid-market PE firm Inflexion has sold European LifeCare Group (ELCG), a Denmark-based outpatient group focused on providing vaccination services with clinics in four European countries, to German PE firm Findos.
August 27, 2025

Asia’s largest dialysis chain NephroPlus to IPO

Indian dialysis chain NephroPlus is to become a listed company. The group has filed a draft red herring prospectus with India’s capital markets regulatory body, the Securities and Exchange Board of India. 
July 31, 2025
Older posts
Newer posts

Our Services

Company

Resources

Log in
Register
Log in
Register

Our Services

Company

Resources

Find Us