Mid Europa completes the acquisition of Med-Sport, further consolidating the Polish healthcare market
7.10.2010
Mid Europa Partners announced today that it has successfully completed the acquisition of 100% of Med-Sport, the Polish healthcare services provider.
Med-Sport offers CT and MRI imaging diagnostic services to public and private customers, through five facilities located in Southern Poland.
Pawel Padusinski, Associate Director of Mid Europa, who led the transaction, said: “We are very pleased to have completed the acquisition of Med-Sport, which represents a further step in Mid Europa’s ongoing consolidation of the Polish healthcare market initiated with the acquisitions of Lux Med and Medycyna Rodzinna in 2007, CM LIM and Promedis in 2008 and TP Med and Tabita in 2009”.
Matthew Strassberg, who leads the healthcare investments at Mid Europa, commented: “We continue to seek further exposure to the good growth prospects of the healthcare services sector throughout our core geographies. Med-Sport is an attractive addition to our growing portfolio of diagnostic assets which we are in the process of formalizing into a dedicated diagnostic, laboratory and hospital services platform”.
The transaction was executed by Matthew Strassberg, Pawel Padusinski and Jan Krzewinski with support from the Lux Med Management team.
For further information please contact:
Mid Europa Partners:
Matthew Strassberg
+44 20 7886 3600
Citigate:
David Westover/Agnès Riousse
+44 (0) 20 7638 9571
Notes to the editors:
ABOUT MID EUROPA PARTNERS
Mid Europa Partners is a leading independent private equity firm focused on Central and Eastern Europe. Operating from London, Budapest and Warsaw, Mid Europa Partners advises and manages funds with asset value of approximately €3.2 billion. The Mid Europa Partners team has been investing in Central and Eastern Europe since 1999.
