21.01.2020–Telemos Capital (“Telemos”) announces that its portfolio company MedEuropa, a leading European cancer care group, has successfully secured debt financing from Ardian. The senior facilities have been partially utilised as acquisition financing of MedEuropa’s first French acquisition and will continue to be used to support the company’s exciting buy-and-build strategy.
The financing is reflective of the strength of MedEuropa’s proposition and ability to execute on the organic and inorganic growth opportunities within the European cancer care market,with three radiotherapy centres already acquired since establishment.
Nils Hagerståland Dipesh Mahtani of Telemos said: “We are delighted to have secured debt financing for MedEuropa, which reinforces the strength of the strategy and execution capabilities of the management team. Ardian have shown themselves to be ideal partners to flexibly support MedEuropa as it pursues its ambitious buy-and-build strategy.
”Ralph Hefti, MedEuropa’s CEO, commented: “Ardian’s ability to offer a flexible solution to the Group’s requirements was key to this partnership. Ardian has been extremely responsive and creative and has set up financing that is very well suited to the way MedEuropa intends to move forward.”
Guillaume Chinardet, Head of Ardian Private Debt France, said: “We look forward to the long term cooperation with the MedEuropa management team and Telemos Capital, valuable partners with strong expertise in the European healthcare services market. We are convinced that MedEuropa will achieve further growth via strategic acquisitions in the fragmented European radiotherapy market.”
Press Contacts Telemos Capitalinfo@telemoscapital.com+44 (0)20 3906 6820
Founded in 2017, MedEuropa is committed to providing state of the art cancer treatment across Europe, with a strong focus on radiotherapy. MedEuropa seeks to partner with leading medical professionals, who share its vision of improving the provision and quality of cancer treatment. MedEuropa is pursuing an ambitious buy and build strategy, focusing on new partnership and acquisition opportunities across Europe.
Please visit www.medeuropa.org for more information.
About Telemos Capital
Telemos Capital, a London based investment firm founded in 2017,invests in private European businesses, with the aim of building great companies for the long term. Funded by family capital, it combines the flexibility and nimble decision-making of a family office with the active ownership and professionalism of private equity. Telemos looks to deploy €50m-€200m of equity per investment and seeks to acquire majority stakes in businesses with the potential for sustainable growth through international expansion, add-on acquisitions or operational improvements.
Please visit www.telemoscapital.com for more information.