The owner of the Cambridge Medical and Rehabilitation Center, which operates in the UAE and Saudi Arabia, has hired Denovo Consulting for a potential sale.
According to Reuters, two sources, who asked not to be named because the matter were not made public, said NTVM Capital Healthcare, a Dubai-based private equity firm, said: It plans to divest from its investment in the center in a deal worth between $ 200 million and $ 300 million. The company had made this investment in 2012.
A source familiar with the operation said that the center is among the few players specializing in this sector and has an opportunity to expand as the need for long-term care for elderly patients grows in the region. Announcement A source said Dubai-based Denovo had circulated a document to potential buyers to gauge interest.
A third source said that the Cambridge Center has attracted great interest from investors such as health care providers and others in the direct investment sector in the region and beyond. Neither TVM Capital Healthcare nor the center immediately responded to requests for comment, while Denovo held back. The Cambridge Center has facilities in Abu Dhabi and Al Ain in the UAE and Dhahran in Saudi Arabia.
according to the information published on his website. According to the website, the center provides care for patients who need short and long-term rehabilitation, and for those suffering from chronic health problems.
(Amazon fun knowledge)
