By Anna Koper
WARSAW (Reuters) – Investment fund Abris Capital Partners is considering selling private healthcare provider Scanmed Group, with Polish cardiovascular care company American Heart of Poland the most likely buyer, sources told Reuters close to the file.
Poland’s private healthcare sector is attracting investors as Poles’ healthcare spending increases rapidly. In 2022, private health spending increased by more than 10% to almost 52 billion zlotys ($12.94 billion).
“Abris is preparing to put Scanmed up for sale, with American Heart of Poland the most obvious buyer,” a source told Reuters on condition of anonymity.
Another source confirmed the information, adding that the company could even be valued at 350 million euros ($380.63 million). A third person said Abris expects a very high valuation, without giving a specific number.
Abris purchased Scanmed in 2020 from Life Healthcare Group Holdings, with the company valued at 340 million zlotys.
If the deal goes through, it will be another example of a merger in Poland’s private healthcare sector after Italian group Gruppo San Donato agreed to acquire a majority stake in American Heart of Poland, valuing the company at more than of 500 million euros. .
Abris declined to comment, while American Heart of Poland describes itself as “an entity actively consolidating the medical care market in Poland.”
“As part of our strategic options, we are studying organic growth opportunities as well as mergers and acquisitions. We are currently analyzing all development opportunities likely to increase the group’s potential,” he said in a press release. sent by email.
Scanmed operates medical and cardiology centers as well as three multispecialty hospitals at almost 40 locations across Poland.
The group recorded a net loss of 13.9 million zlotys on turnover of 615.6 million zlotys in the 15 months ended December 2022, compared to a net loss of 12.3 million zlotys and 410 .5 million zlotys in turnover in the 12 months ended September 2021.
($1 = 4.0199 zlotys)
($1 = 0.9195 euros)
(Reporting by Anna Koper; editing by Bill Berkrot and Cynthia Osterman)