Mid Europa Acquires Hospital Group

Central and Eastern European focused Mid Europa Partners has completed the acquisition of a 65% stake in Kent Hospital Group, a private hospital operator based in Izmir, Turkey. In addition, Mid Europa entered into an agreement to increase its stake to up to 90% over time.

PRESS RELEASE

Mid Europa Partners (“Mid Europa”) announced today that it has successfully completed the acquisition of a 65% stake in Kent Hospital Group (“Kent”), a leading private hospital operator based in Izmir, Turkey. In addition, Mid Europa entered into an agreement to increase its stake to up to 90% over time.
Kent Hospital is one of the leading and most modern hospitals in southeastern Europe. Kent Hospital is a full service, 22,000 square-meter, 162 bed capacity medical complex, offering state-of-the-art diagnostic and treatment services. Kent Hospital is accredited by Joint Commission International and has particular strengths in high acuity treatments, including organ transplants, cardio-vascular surgery and cardiology.
The transaction represents Mid Europa’s first investment in Turkey, and fourth in healthcare services. Private healthcare services in Turkey constitute a strong and sustainable growth opportunity and Kent, with its track-record of medical excellence, represents an attractive consolidation platform in this market.