Dubai-based private equity firm TVM Capital MENA has rebranded as TVM Capital Healthcare Partners, to reflect the firm’s sectorial focus and the expansion of its investment geography beyond the MENA region.
The announcement comes after TVM Capital Healthcare Partners confirmed its intention to invest up to $100m in India over the next three to five years, through its IVF chain Bourn Hall International.
Led by chairman and CEO Dr. Helmut M. Schühsler, TVM Capital Healthcare Partners was established in Dubai in 2009 targeting the growing investment opportunity in private sector healthcare across the Middle East and North Africa.
The firm, a member of healthcare and life sciences investment firm TVM Capital Group, has so far focused on making growth capital and small buyout investments from its first fund, TVM Healthcare MENA I. It has led investment of more than $60m in three portfolio companies in the field of long-term care, rehabilitation and home care – ProVita International Medical Centers, Cambridge Medical & Rehabilitation Center and Manzil Health Care Services; and the fourth company Bourn Hall International, a provider of IVF and fertility services.
TVM Capital Healthcare Partners’ strategy aims take advantage of increasing needs for private sector healthcare solutions in emerging markets, by focusing on specialised services that are either non-existent, or drastically undersupplied, and providing international quality standard care at a local level. It also targets the pharmaceutical, diagnostics and medical device industries.
Schühsler said, “We have a proven track record of breaking new ground by growing pioneering healthcare companies in the Middle East, as well as India. As we are currently exploring a number of opportunities further afield, the name TVM Capital Healthcare Partners is a better demonstration of our mission to bring global best practice and world-class care to local patients in emerging markets, but not only limited to the MENA region.’’
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