Baraya Extended Care Secures $124 Million in Series-B Funding
Deal News | Jul 15, 2025 | PR Newswire Cision TVM Capital Healthcare
TVM Capital Healthcare has announced the successful completion of a Series-B funding round, raising the total capital for Baraya Extended Care to $124 million. The over-subscribed round saw participation from prominent investors including Olayan Financing Company, SEDCO, ANB Capital, and SVC. This investment aims to address critical gaps in long-term care services in Saudi Arabia, aligning with the nation's Vision 2030 and the Health Sector Transformation Program. The funds will allow Baraya to expand its network of inpatient facilities and outpatient rehabilitation clinics, with plans to open its first long-term care hospital by 2026. TVM Capital Healthcare, known for its track record in building healthcare companies in the Middle East, supports Baraya's strategic ambitions to lead in Saudi Arabia and potentially expand to similar markets in Southeast Asia.
Sectors
- Healthcare
- Private Equity
Geography
- Saudi Arabia – The primary focus of the funding and expansion efforts is within Saudi Arabia, aligning with the country's Vision 2030 and healthcare goals.
- United Arab Emirates – TVM Capital Healthcare is based in Dubai, United Arab Emirates, which serves as a major hub for this investment firm's operations in the Middle East.
Industry
- Healthcare – The article discusses investments in long-term care services, a crucial part of the healthcare industry, especially in light of demographic challenges in Saudi Arabia.
- Private Equity – TVM Capital Healthcare's involvement as a private equity firm highlights the role of investment in driving expansions within the healthcare sector.
Financials
- USD 124 million – The total amount raised in the Series-B funding round for Baraya Extended Care.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Baraya Extended Care | Target company | Company | A leading provider of long-term care and rehabilitation services in Saudi Arabia. |
| TVM Capital Healthcare | Private Equity Investor | Company | An international healthcare private equity firm with a strong presence in the Middle East. |
| Olayan Financing Company | Investor | Company | A prominent Saudi-based investment company participating in the funding round. |
| Saudi Economic and Development Holding Company (SEDCO) | Investor | Company | A private wealth management organization in Saudi Arabia contributing to the investment. |
| ANB Capital | Investor | Company | Investment banking arm of Arab National Bank involved in the Series-B funding. |
| Saudi Venture Capital Company (SVC) | Investor | Company | A Saudi government-backed investment fund supporting the capital raise. |
| Jad Halaby | Chief Executive Officer of Baraya Extended Care | Person | CEO leading Baraya's strategic expansion and integration of care services. |
| Dr. Helmut Schuehsler | Chairman and CEO of TVM Capital Healthcare | Person | Leading the investment efforts and strategic focus of TVM Capital Healthcare in the region. |
| Orhan Osmansoy | Managing Partner at TVM Capital Healthcare | Person | Key figure in executing the transaction and engaging with co-investors. |
| Saudi Ministry of Health | Government Entity | Government | Provides statistics on healthcare challenges addressed by the investment. |