- Pure Health has a portfolio of over 25 hospitals and more than 100 clinics
- EGI was founded more than 50 years ago by Sam Zell
- EGI is headquartered in Chicago
Alpha Dhabi Holding unit Pure Health, a Middle East healthcare platform, has acquired a minority stake in Ardent Health Services, a Nashville-based healthcare provider, for about $500 million. The sellers include Ardent’s majority owner Equity Group Investments.
“EGI excels at bringing together like-minded organizations who are passionate about improving their industry and creating value for all stakeholders,” said Mark Sotir, president of EGI, in a statement. “This investment strengthens our ownership group and we’re excited that Pure Health shares our confidence in Ardent’s growth trajectory.”
Pure Health has a portfolio of over 25 hospitals and more than 100 clinics.
EGI was founded more than 50 years ago by Sam Zell. The firm is based in Chicago.