CUF Expands Network with Acquisition of 13 Clinics
Deal News | Nov 15, 2024 | Iberian Lawyer
CUF has successfully acquired 13 miMed health clinics from Sociedade Francisco Manuel dos Santos as part of a strategic expansion into the Greater Lisbon area. This move, facilitated by legal counsel from Cuatrecasas, will integrate the clinics into CUF's national network, set to operate under its brand by early 2025. With this acquisition, CUF's healthcare portfolio will grow to include 43 healthcare units, encompassing hospitals, clinics, and proximity care units. These locations are designed to provide continuous care across a range of specialties, including general and family medicine, occupational health, and various essential medical services. The legal team from Cuatrecasas, led by partner Alexandra M. Martins, played a key role in executing the deal, further solidifying CUF's commitment to providing accessible healthcare services throughout Portugal.
Sectors
- Healthcare
- Legal Services
- Corporate Finance
Geography
- Portugal – The acquisition took place in Portugal, specifically in the Greater Lisbon area, indicating the geographical focus of the business expansion.
Industry
- Healthcare – The acquisition involves healthcare clinics and expands CUF's network, making the healthcare industry a primary focus.
- Legal Services – Cuatrecasas provided legal advice for the acquisition, highlighting the role of legal services in the transaction.
- Corporate Finance – The acquisition signifies a strategic financial transaction, a common practice within corporate finance.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| CUF | Acquirer | Company | A healthcare company expanding its network in Portugal. |
| Sociedade Francisco Manuel dos Santos | Seller | Company | The company selling 13 miMed health clinics to CUF. |
| Cuatrecasas | Legal Advisor | Company | A law firm providing legal counsel to CUF for the acquisition. |
| Alexandra M. Martins | Partner, Lead Legal Counsel | Person | Partner at Cuatrecasas leading the legal team for the acquisition deal. |
| Lus Miguel Cortes Martins | Senior Partner | Person | Senior partner at Cuatrecasas involved in the acquisition deal. |
| Filipa Teixeira Diniz | Associate | Person | Associate at Cuatrecasas involved in the acquisition deal. |