Add-on Acquisition • Healthcare Services

Hellenic Healthcare Group Acquires IASO General SA

On November 6, 2017, Hellenic Healthcare Group acquired healthcare services company IASO General SA

Acquisition Context
  • This is Hellenic Healthcare Group’s 1st transaction in the Healthcare Services sector.
  • This is Hellenic Healthcare Group’s 1st transaction in Greece.

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M&A Deal Summary

Date November 6, 2017
Target IASO General SA
Sector Healthcare Services
Buyer(s) Hellenic Healthcare Group
Deal Type Add-on Acquisition

Target Company

IASO General SA

Cholargos, Greece
IASO General SA is a full-scale private medical provider in Central and Northern Athens with 239 beds, 20 ICU beds, 11 surgery suites, 500 skilled employees and over 500 collaborating doctors. IASO General was founded in 1978 and is based in Cholargos, Greece.
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Buyer Overview 1

Buyer

Hellenic Healthcare Group

Athens, Greece

Category Company
Sector Healthcare Services
DESCRIPTION

Hellenic Healthcare Group is is a private hospital operator. The group has six hospitals: Metropolitan Hospital, Metropolitan General, Hygeia Hospital, Mitera, Leto and Creta Interclinic. Hellenic Healthcare Group is based in Athens, Greece.


Deal Context for Buyer #
Overall 1 of 2
Sector: Healthcare Services 1 of 2
Type: Add-on Acquisition 1 of 2
Country: Greece 1 of 2
Year: 2017 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-07-05 Hygeia SA

Athens, Greece

Hygeia SA is a provider of private hospital units in Greece, with a portfolio of 4 hospitals (3 in Greece and 1 in Albania) and a total licensed bed capacity of 1,219 (999 in Greece) with 52 operating theatres, 19 delivery rooms and 10 Intensive Care Units. Hygeia Group consists of 3 main divisions: Hospital Services (general & maternity hospital operations), Primary Care and Commercial Activities. Hygeia SA was founded in 1970 and is based in Athens, Greece.

Buy €204M