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

M&A/IPOs

 

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.

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.

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.

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.

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.

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.

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. 

Find Us