Regina Maria Group Sold to Mehiläinen: A Landmark Healthcare Deal
Deal News | Apr 01, 2025 | Mid Europa Partners
Mid Europa Partners, a prominent private equity firm in Central Europe, has announced the sale of its portfolio company, Regina Maria Group, to Mehiläinen, Finland's largest private healthcare provider. This transaction marks a significant milestone as the largest ever healthcare services sale in Central Europe. The transaction, pending regulatory approval, is expected to finalize within the year. The Regina Maria Group, under MidEuropa's ownership, expanded its operations significantly in Romania and Serbia, achieving a substantial increase in revenues and EBITDA. This was achieved through strategic in-market consolidation, selective international expansion, and investment in digital healthcare solutions. MidEuropa's commitment included over €300 million in investments to augment Regina Maria's infrastructure and services. With Mehiläinen acquiring Regina Maria, the Finnish company stands to leverage its Nordic expertise to further enhance the group's capabilities. The deal is a testament to MidEuropa's successful healthcare investment strategy, highlighted by past successful transactions in the region. The firm's recent IPO of Diagnostyka on the Warsaw Stock Exchange further underscores its activity in nurturing strategically valuable healthcare assets.
Sectors
- Private Equity
- Healthcare
- Mergers and Acquisitions
Geography
- Central Europe – Mid Europa Partners operates primarily in Central Europe, and the transaction involving Regina Maria Group is significant within this geography.
- Romania – Regina Maria Group is based in Romania, marking it as a key geography for the transaction discussed.
- Finland – Mehiläinen, the acquiring entity, is based in Finland, representing the geographic diversification for Regina Maria Group post-acquisition.
- Serbia – Part of Regina Maria Group's healthcare operations is conducted under the MediGroup brand in Serbia.
Industry
- Private Equity – The article discusses the activities of Mid Europa Partners, a private equity firm, in relation to its investment and divestment in the healthcare sector.
- Healthcare – The primary focus of the article is the sale of a healthcare network, Regina Maria Group, highlighting the industry's expansion, digitalization, and strategic consolidations.
- Mergers and Acquisitions – The article revolves around the acquisition of Regina Maria Group by Mehiläinen, a notable transaction in the M&A landscape within the healthcare sector.
Financials
- 300 million – Investments committed by Mid Europa to expand Regina Maria's operational footprint and capabilities.
- 400 million – Gross proceeds raised from Mid Europa's recent IPO of Diagnostyka on the Warsaw Stock Exchange.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Mid Europa Partners | Seller | Company | A leading private equity investor focusing on Central Europe, orchestrating the sale of Regina Maria Group. |
| Regina Maria Group | Target Company | Company | A leading integrated private healthcare network in Romania and Serbia, serving over 3 million patients. |
| Mehiläinen | Buyer | Company | Finland's largest private healthcare provider, acquiring Regina Maria Group. |
| Matthew Strassberg | Partner and Head of Healthcare Sector | Person | Partner at Mid Europa, responsible for leading the firm's healthcare investments. |
| Fady Chreih | CEO | Person | CEO of Regina Maria Group during MidEuropa's ownership, pivotal in its development. |
| Eugeniu Prodan | Principal | Person | Principal at Mid Europa, involved in executing the Regina Maria sale. |
| Rothschild & Co | Financial Adviser | Company | Provided financial advisory services to Mid Europa during the transaction. |
| PricewaterhouseCoopers | Financial and Tax Adviser | Company | Advised Mid Europa on financial and tax matters related to the transaction. |
| LEK Consulting | Commercial Adviser | Company | Provided commercial advisory services to Mid Europa. |