Announced
Completed
Financials
Sources
Tags
Spain
Medical Services
health care services
Acquisition
Cross Border
Majority
Private
Private Equity
Completed
Friendly
Single Bidder
Synopsis
Waterland Private Equity-backed Median, a provider of mental health and rehabilitation services, completed the acquisition of Hestia Group, a post-acute and mental health care provider. Financial terms were not disclosed. “The integration of Hestia Alliance is a significant milestone for MEDIAN and the perfect fit for our existing portfolio of rehabilitation and mental health services. Bringing Hestia Alliance and our knowledge and expertise together, will help drive the growth and expansion of our combined business in Europe, and allow us to further improve quality and innovate. Over the last ten years, MEDIAN has developed a unique approach to improving the quality of care through outcome measurement and digital innovation. I am looking forward to welcoming Hestia Alliance’s talented team into the MEDIAN Group Family,” André Schmidt, MEDIAN CEO.
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