Alpen Capital has advised Multi – Specialty Healthcare Partners Holding Ltd. (MSH) in divesting a 60% stake to GFH Financial Group. The transaction includes acquisition of 21 specialized healthcare platform clinics based in Abu Dhabi through MSH, an Abu Dhabi Global Market (ADGM) holding company.
About Multi – Specialty Healthcare Partners Holding Ltd.: MSH, formerly known as Golden Eagle Group, was established in 2017 and is the only diversified multi-specialty healthcare chain in Abu Dhabi and Al Ain. MSH group of clinics are engaged in cosmetics & dermatology, dental care, women & child-care, multi- specialty, and primary care centers. The MSH group has demonstrated a strong trajectory over the past three years, growing from 5 clinics in 2017 to 21 clinics in 2021. The group has treated over 150,000 patients and recorded 200,000+ visits and the group’s 21 clinics together employ 700 personnel including medical and non-medical staff. 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.
About GFH Financial Group B.S.C. : Since its inception in 1999, GFH has raised over US$ 12 billion in assets and fund under management from its strong client base across four main activities - Investment Management, Real Estate Development, Commercial Banking and Treasury & Proprietary Investments. GFH will make the investment in MSH through its healthcare investment platform Healian.