Baraya Extended Care Secures Major Series B Funding
Deal News | Jul 15, 2025 | PR Newswire Cision TVM Capital Healthcare
TVM Capital Healthcare has successfully closed an oversubscribed Series B funding round, raising a total of USD 124 million to support Baraya Extended Care, a prominent provider of long-term care and rehabilitation services in Saudi Arabia. This significant influx of capital comes as Saudi Arabia contends with an aging population and increasing instances of chronic health conditions, aligning with the Kingdom's Vision 2030 healthcare objectives. The funds will allow Baraya to expand its network of inpatient and outpatient rehabilitation clinics, addressing the urgent need for specialized care in the region. TVM Capital Healthcare, with a strong track record in the healthcare sector, highlights this investment as another critical step in enhancing the Kingdom's extended care capabilities. The firm’s past successes with ProVita International Medical Center and Cambridge Medical & Rehabilitation Center provide a foundation for Baraya's growth and development. Spearheading these efforts, Jad Halaby’s statement asserts that Baraya aims to integrate international standards with local expertise to improve healthcare outcomes in Saudi Arabia.
Sectors
- Healthcare & Pharmaceuticals
- Private Equity
Geography
- Saudi Arabia – Baraya Extended Care operates within Saudi Arabia, and the funding aims to expand healthcare services in line with the country's Vision 2030.
- Middle East – The article mentions TVM Capital Healthcare's experience in the Middle Eastern healthcare market.
- Southeast Asia – The article briefly mentions potential replication of healthcare models in markets facing similar challenges, including Southeast Asia.
Industry
- Healthcare & Pharmaceuticals – The article discusses the funding and growth of Baraya Extended Care, a long-term care and rehabilitation service provider.
- Private Equity – TVM Capital Healthcare, a private equity firm, is involved in raising and managing funds for healthcare investments.
Financials
- USD 124 million – Total capital raised in the Series B funding round for Baraya Extended Care.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Baraya Extended Care | Target | Company | A leading provider of long-term care and rehabilitation services in Saudi Arabia. |
| TVM Capital Healthcare | Bidding Company / Investor | Company | A private equity firm investing in Baraya Extended Care's Series B funding round. |
| Olayan Financing Company | Investor | Company | Part of the syndicate investing in Baraya Extended Care's funding round. |
| Saudi Economic and Development Holding Company (SEDCO) | Investor | Company | Part of the syndicate investing in Baraya Extended Care's funding round. |
| ANB Capital | Investor | Company | Part of the syndicate investing in Baraya Extended Care's funding round. |
| SVC | Investor | Company | Part of the syndicate investing in Baraya Extended Care's funding round. |
| Jad Halaby | CEO of Target Company | Person | Chief Executive Officer of Baraya Extended Care. |
| Dr. Helmut Schuehsler | CEO of PE Firm | Person | Chairman and CEO of TVM Capital Healthcare. |
| Orhan Osmansoy | Managing Partner | Person | Managing Partner and deal lead at TVM Capital Healthcare. |