Announced
Completed
Financials
Sources
Tags
Private Equity
Health Care Facilities
Friendly
Private
China
healthcare facility
Completed
hospital and clinics
Acquisition
Single Bidder
Minority
neurology
Synopsis
Private equity firm Taikang Asset Management led a $113m series B round in Sanbo Brain Hospital, a neurology specialist. Chinese investment bank CEC Capital, healthcare fund Park Road Medical Investment, Beijing-based equity investment firm Broadhi Capital, and Beijing Puhong Investment Fund Management participated in the financing. “The neurology field has a market of massive demand as well as a high technical barrier. Taikang will actively explore cooperation opportunities with Sanbo in the fields of health insurance and healthcare management to bring better service experience to insurance customers," Xu Jun, Taikang Partner.
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