Investment Summary

Lombard Investments Invests In The Medical City

On May 5, 2008, private equity firm Lombard Investments invested in healthcare services company The Medical City

Investment Highlights
  • This is Lombard Investments’ 1st transaction in the Healthcare Services sector.
  • This is Lombard Investments’ 1st transaction in Philippines.

Investment Summary

Date 2008-05-05
Target The Medical City
Sector Healthcare Services
Investor(s) Lombard Investments
Deal Type Growth Capital

Target

The Medical City

Metro Manila, Philippines
The Medical City has earned a Joint Commission International Accreditation (“JCIA”), the most prestigious international certificate for healthcare organizations. Current facilities include a 491 bed hospital, 280 onsite doctor's office/medical clinics, and eight satellite clinics. Established forty years ago and now led by the highly regarded Dr. Alfredo R. A. Bengzon, Medical City now serves more than 40,000 in-patients and approximately 380,000 out-patients each year.

Search 214,239 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Investor(S) 1

Investor

Lombard Investments

Daly City, California, United States

Category Private Equity Firm
Founded 1985
Size Middle-Market
Type Sector Agnostic
DESCRIPTION

Lombard Investments, Inc. is an international private equity firm focused on control and minority investments in Southeast Asia and Greater China. Lombard typically invests $5 to $50 million of equity capital to support expansions, financial restructuring, or management buyouts. Sectors of interest include food/beverage, retail, financial services, media/entertainment, healthcare, education, and energy. Lombard will not invest in untried technologies or companies involved in alcohol, armaments, tobacco, or gambling businesses. Lombard was formed in 1985 and has offices in San Francisco, Hong Kong, Bangkok, and Ho Chi Minh.


DEAL STATS #
Overall 8 of 13
Sector: Healthcare Services M&A 1 of 1
Type: Growth Capital M&A Deals 4 of 5
Country: Philippines M&A 1 of 1
Year: 2008 M&A 1 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2007-12-11 SNC Former

Samutprakarn, Thailand

SNC Former produces a full range of piping systems for automotive and residential air conditioners. The company enjoys a 70% market share in copper piping systems for residential air conditioners, and is Thailand's only large-scale producer of aluminum piping serving a diversified list of auto manufacturers. Since 2004, the company's sales revenue has grown at more than 50% per annum, driven by both new business as well as increased orders from long-term customers, including top-branded air conditioner makers Mitsubishi, Fujitsu, and LG. Most recently, SNC entered into the Original Equipment Manufacturer (OEM) air conditioner business by acquiring assets from York Industrial (Thailand). SNC Former was founded in 1981 and is based in Samutprakarn, Thailand.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2008-06-02 Asiasoft

Bangkok, Thailand

Asiasoft is an online gaming and digital entertainment company that provides an established platform and expansive network for game developers in overseas expansion of online game services in Southeast Asia’s countries – the world’s fastest-growing regional games market. Asiasoft was founded in 2001 and is based in Bangkok, Thailand.

Buy -