A consortium of investors completed the acquisition of MetaMed from Gulf Capital for $110m.

A consortium of investors completed the acquisition of MetaMed, a diagnostic imaging network, from Gulf Capital, an alternative investment company, for $110m. A consortium includes Mediterrania Capital Partners, Cairo Scan for Radiology & Labs, Deutsche Investitions-und Entwicklungsgesellschaft, Financierings-Maatschappij voor Ontwikkelingslanden, Proparco and EBRD. “We are pleased to welcome Metamed to our portfolio of companies and delighted to offer our financial, strategic and operational support to sustain the group’s expansion plans. Metamed is a highly successful company, well positioned to fulfil the increasing demand for private medical services in the MENA region. The combination of Metamed and Cairo Scan will create one of the largest diagnostics imaging platforms in emerging markets, and we are excited by the growth potential of this new combined organisation,” Albert Alsina, Mediterrania Capital Partners Founder and CEO.