Independent private equity firm Doughty Hanson is to acquire USP Hospitales, a Spanish hospital operator, from Barclays and Royal Bank of Scotland for €355m (approximately $471.3m).
USP Hospitales, the third largest private hospital operator in Spain, focuses on the provision of hospital services to the private insurance and self-pay segments. It offers a comprehensive range of services covering all medical specialties, with a particular strength in trauma, gynaecology, oncology, cardiology, neurosurgery and internal medicine. With 12 hospitals, a specialist clinic and 22 auxiliary clinics, with a total of over 1,200 beds, USP Hospitales is present in nine out of Spain’s 17 regions and has a strong presence in Barcelona, Madrid and Seville.
Rothschild advised Doughty Hanson on the transaction, which is subject to regulatory requirements and is expected to close in late March 2012.
FinSMEs
13/02/2012