CVC Capital Partners signs agreement to buy Metropolitan Hospital
Perseus Healthcare SA -owner of Metropolitan Hospital- and Hellenic Healthcare Sarl, an investment vehicle controlled by CVC Capital Partners, signed a binding agreement for CVC to buy a majority equity stake in Perseus.
In an announcement, Vasilios Theoharakis and Dimitrios Spyridis, largest shareholders and founders of Metropolitan Hospital, will re-invest in Hellenic Healthcare as significant minority shareholders and will remain at the helm of Perseus as chairman and CEO, respectively.
CVC is one of the largest investment organizations of private capital in the world with significant investments in the health sector, with capital under management totaling 88 billion US dollars.
The investment will offer Perseus and the Metropolitan Hospital Group added financial robust and to establish Metropolitan Hospital as a leader in healthcare services in Greece.
Deloitte acted as consultant to the transaction, while law firms Shearman & Sterling, M&P Bernitsas acted as legal advisors to CVC, while Clyde & Co and Karatzas and Partners acted as legal advisors to Perseus. Panaxia Limited acted as financial consultant to Perseus.