Announced
Completed
Financials
Sources
Tags
Completed
Single Bidder
United Arab Emirates
Acquisition
health care
Majority
Cross Border
Health Care Services
Private
Friendly
Private Equity
healthcare development
Synopsis
An investment consortium agreed to acquire a majority stake in United Eastern Medical Services, a specialty healthcare provider based in Abu Dhabi. Financial terms were not disclosed. The consortium included Cerberus Capital, Abu Dhabi Catalyst Partners, Mubadala and Olive Rock Partners. “We are excited to partner with the UEMedical team and shareholders to further enhance the growth of this exceptional platform within Abu Dhabi and its neighboring Emirates as well as abroad, focusing initially on Saudi Arabia,” Muhannad Qubbaj, Olive Rock Founding Partner.
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