Mid Europa Partners, a Central and Eastern Europe buyout specialist, has completed its acquisition of a 96% percent stake in Medycyna Rodzinna, Poland’s sixth-largest healthcare business.
Medycyna was taken private in July of this year, shortly before Mid Europa held a first close of its record-breaking third fund, which ultimately raised €1.5bn (US$2.17bn).
Bank BPH, a member of the Unicredit Group, underwrote senior credit facilities while Mezzanine Management co-invested in the transaction.
No sum was disclosed for the acquisition of Medycyna, which provides outpatient medical care and diagnostic services to corporate and individual subscribers, insurers and patients under contract with the National Health Fund. The business services more than 300,000 patients through a network of 17 branded clinics and more than 200 affiliated private providers.
Anna Rulkiewicz-Kaczynska, chief executive officer of LUX-MED, an October acquisition for Mid Europa and Poland’s second-largest healthcare operation, has been appointed chief exec at Medycyna, while retaining her position at LUX-MED.