AMC V SCA SICAV-RAIF, advised by Accession Capital Partners (ACP), has entered into an agreement to invest in Medicales Servicii de Sanatate Premium SA (Medicales), a leading Romanian platform for reliable, professional and complex radiodiagnostics and medical imaging services.
Established in 2011 by Monica and Iulian Popescu, Medicales has gained the trust of its patients with a team of more than 20 doctors and state-of-the-art medical equipment in five clinics in Bucharest and has built a solid foundation for further growth. The ACP investment will enable the founders’ transformative strategy by rapidly expanding the network through both organic growth and select M&A opportunities.
George Dumitrascu, Director at ACP, said: “Medicales has earned a reputation for providing a higher level of medical services in a niche segment of the healthcare market. We have followed Medicales for some time and have been impressed by their successful strategy and patient-centric vision. We are excited to get involved in this rapidly growing sector and support the founders with capital, industry network and sector expertise.”
Iulian Popescu, Founder of Medicales, said: “We are thrilled to team-up with Accession Capital Partners in this exciting next chapter. Their experience in healthcare in Romania and Central Europe will prove valuable for us on our growth trajectory, expanding geographically and improving our services. We appreciated the tailored transaction structuring and the constructive approach and we are very proud of our doctors and their commitment to our patients, that made this partnership possible.”
Accession Capital Partners (ACP), formerly known as Mezzanine Management, is investing from its fifth fund AMC V SCA SICAV-RAIF which launched earlier this year with commitments of over 70% of its €350 million target and remains open to accept new investors.
ACP has been operating in Central and Eastern Europe since 2000 through its offices in Vienna, Warsaw, Bucharest, Budapest and Prague. To date, the group has
raised commitments of more than €1bn in five dedicated growth capital funds. The funds are backed by reputable institutional investors, including the European Investment Fund, the International Finance Corporation, the European Bank for Reconstruction and Development and a number of banks, funds of funds, pension funds and insurance companies from Europe, the US and Asia.
For further information, please contact:
Christian Stix, Head of Investor Relations
tel.: +43 1 532 89 9019