GFH acquires majority stake in UAE’s leading multi-specialty healthcare provider

Published 16 Nov,2021 via bizbahrain - GFH Financial Group (GFH) announced the acquisition of a 60% stake in the UAE’s leading provider of multi-specialty healthcare, Multi-Specialty Healthcare Partner Holding Ltd. (“the company” or “MSH”), in a deal value exceeding US$100 million. The company is the only diversified multi-specialty healthcare chain in Abu Dhabi and Al Ain and is one of the few in the UAE with 19 healthcare clinics along with two pharmacies spread across Al Ain, Abu Dhabi, Sharjah and Dubai.

MSH focuses on diverse and fast-growing segments of the healthcare industry including: Dental Centers, Beauty Care Centers (Cosmetic and Dermatology), Dental Laboratories, Primary Medical Centers, Woman-Care Centers and Out-patient Pediatric Rehabilitation Centers. It operates a unique business model where its clinics are designed and well-positioned in close proximity to its multi-specialty centers, which are further complemented by secondary clinics, offering a limited array of services, routing patients needing more intensive care to its core treatment hubs. The investment is further distinguished by the company’s experienced layers of management team across all key functions and importantly by its dedicated team of doctors and paramedical staff, which provide the highest quality of care.

The investment will be managed by GFH’s healthcare arm, Healian, a regionally focused platform that invests in high quality assets providing affordable healthcare in underpenetrated segments of the sector. Through Healian, GFH envisions further building its portfolio of blue chip regional healthcare providers. Healian’s strategy focuses on buying, building and consolidating healthcare businesses, like MSH, which benefit from growing demand as well as specialized healthcare centers of excellence and expanding their activities in main cities in the GCC with high margin and high growth healthcare businesses.