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New Deal


Announced

Completed

Remgro completed the acquisition of a minority stake in Spire Healthcare Group.

Financials

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Transaction Value£560m
Consideration TypeCash
Capital Owned-
Capital Bid For30%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Health Care Services

private healthcare services

services

private healthcare

United Kingdom

Public

Completed

Friendly

Single Bidder

Acquisition

Minority

Private Equity

Synopsis

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Private healthcare group Mediclinic International and investment holding company Remgro completed the acquisition of a minority stake in Spire Healthcare Group, the second largest provider of private healthcare in the United Kingdom. "We identified the opportunity to acquire a meaningful holding in Spire Healthcare and can now realise it with the facilitation by Remgro. We are investing in a growing developed market while also diversifying into an attractive new geography with a strong currency. Both Mediclinic and Spire Healthcare will benefit from collaboration through the sharing of knowledge and experience and improving cost synergies and efficiencies," Danie Meintjes, Mediclinic International CEO.

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