M&A Deal Summary

Acibadem Healthcare Group Acquires Kent Hospital Group

On February 1, 2023, Acibadem Healthcare Group acquired healthcare services company Kent Hospital Group from Mid Europa Partners

Acquisition Highlights
  • This is Acibadem Healthcare Group’s 1st transaction in the Healthcare Services sector.
  • This is Acibadem Healthcare Group’s 1st transaction in Turkey.

M&A Deal Summary
Date 2023-02-01
Target Kent Hospital Group
Sector Healthcare Services
Buyer(s) Acibadem Healthcare Group
Sellers(s) Mid Europa Partners
Deal Type Add-on Acquisition

Target

Kent Hospital Group

Izmir, Turkey
Kent Hospital Group operates a hospital. It offers services in the areas of aesthetic and plastic surgery, anesthesia and reanimation, cardiology, cardiovascular surgery, emergency medicine, gastroenterology, general surgery, internal medicine, in-vitro fertilization center, laboratory, neurology, neurosurgery, nuclear medicine, nursing, nutrition and dietetics, ophthalmology, organ transplantation, orthopedics and traumatology, pediatric surgery, pediatrics, physical therapy and rehabilitation, radiology, rheumatology, and urology. Kent Hospital Group was founded in 2004 and is based in Izmir, Turkey.

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Buyer(S) 1

Buyer

Acibadem Healthcare Group

Istanbul, Turkey
Category Company
Sector Healthcare Services
DESCRIPTION

Acibadem Insurance is the one of the five largest health insurance companies in Turkey. The Company has an insured population of approximately 150,000 people comprised of blue-chip corporate and individual clients. The Company’s product portfolio also includes life and personal accident products giving Acibadem Insurance a strong foothold in the Turkish insurance market.

DEAL STATS #
Overall 1 of 1
Sector (Healthcare Services) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Turkey) 1 of 1
Year (2023) 1 of 1

Seller(S) 1

SELLER

Mid Europa Partners

London, United Kingdom

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1999
PE ASSETS 5.3B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Mid Europa Partners is a private equity firm focused on investing in Central and Eastern Europe. Mid Europa prefers control based investments in market leading companies operating in industries with high barriers to entry. Sectors of interest include telecom, media, utilities, transportation, natural resources, industrial, healthcare, building materials, manufacturing, and agriculture. The Firm looks to commit €75 to €200 million of equity capital per transaction in businesses valued up to €500 million. Prospective transaction types include buyouts, take-privates, divestitures, turnarounds, and large scale expansions. Mid Europa Partners is the successor entity to EMP Europe Ltd, which was formed in 1999. Mid Europa has offices in Budapest, Warsaw, and London.

DEAL STATS #
Overall 27 of 28
Sector (Healthcare Services) 3 of 3
Type (Add-on Acquisition) 17 of 18
Country (Turkey) 2 of 2
Year (2023) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-29 Optegra

London, United Kingdom

Optegra is an eye healthcare provider treating A-Z eye conditions that is supported by dedicated optometrists, healthcare technicians and consultants who provide a wide range of procedures including lens replacement (Clarivu), laser eye surgery, cataract removal, glaucoma, and AMD. Optegra was founded in 2007 and is based in London, United Kingdom.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2023-10-30 Profi

Timisoara, Romania

Profi is a supermarket chain in Romania, operating 65 stores in 47 Romanian cities. Profi is the modern retail network with the largest geographical expansion in Romania. Profi was founded in 2000 and is based in Timisoara, Romania.

Sell €1.3B
Mergr

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