Published: October 14, 2010
PE firm confirms seventh Polish healthcare acquisition.
Mid Europa Partners has strengthened its position in the Polish healthcare market by buying Med-Sport.
The firm, which focuses on central and eastern Europe, bought the healthcare services provider for an undisclosed sum.
Med-Sport offers CT and MRI imaging diagnostic services to the public and private sectors through five sites in southern Poland.
This is the latest deal in this sector by Mid Europa in a strategy that started in 2007 with the acquisitions of Lux Med and Medycyna Rodzinna. Takeovers of CM LIM and Promedis soon followed with TP Med and Tabita added to its portfolio last year.
The transaction was led for Mid Europa by Matthew Strassberg, who leads its healthcare investments. He was supported by Jan Krzewinski, Pawel Padusinski and Lux Med’s management.
Strassberg says the firm expects other deals in the industry. “We continue to seek further exposure to the good growth prospects of the healthcare services sector throughout our core geographies,” he said.
“Med-Sport is an attractive addition to our growing portfolio of diagnostic assets which we are in the process of formalising into a dedicated diagnostic, laboratory and hospital services platform.”
The deal closed as Mid Europa announced the sale of Calucem, a Croatian calcium aluminate cement supplier to the global refractory and building chemistry industries. It sold the company to Argus Capital Partners for an undisclosed sum after four years of ownership.