CDC-backed PE fund acquires minority stake in Egyptian healthcare group
Ezdehar Management, an Egypt-based private equity firm, announced the purchase of a minority stake in Al-Tayseer Healthcare Group (THG) through its Ezdehar Egypt Mid-Cap Fund.
The Ezdehar Egypt Mid-Cap Fund’s investors include the European Bank for Reconstruction and Development, the European Investment Bank, the UK’s CDC Group, and the Dutch Entrepreneurial Development Bank FMO.
The investment aims at supporting THG in consolidating its position as the largest healthcare provider in the underserved Delta region, investing in a number of hospitals in the pipeline, and expanding its chain of laboratories in the coming years.
Emad Barsoum, managing director of Ezdehar said, “THG’s management team has extensive experience in the healthcare field, and an outstanding performance in providing high quality service at affordable prices. We look forward to providing the necessary support for them and increasing our investments in the company’s hospitals and laboratories.”
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