Announced
Completed
Financials
Tags
clinics
Completed
Domestic
Health Care Facilities
Acquisition
Friendly
Majority
Australia
Single Bidder
Private
Private Equity
Synopsis
Livingbridge, a private equity firm based in London, United Kingdom, completed the acquisition of a majority stake in Better Medical and SmartClinics, an Australian clinics operators. Financial terms were not disclosed. “In combining Better Medical and SmartClinics we have created a significant positive force in the Australian general practice market. We look forward to partnering with the management team to deliver an ambitious organic and acquisitive growth plan,” William Bajraszewski, Associate Director Livingbridge.
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