TVM Capital MENA changed to ‘TVM Capital Healthcare Partners’ as the PE firm pursues growing investment opportunities in additional emerging markets
UAE, 9th March 2014: TVM Capital MENA, the region’s first private equity firm dedicated to the healthcare sector, has announced it will be re-named as TVM Capital Healthcare Partners, to reflect the company’s focus on healthcare and the expansion of its investment geography beyond the MENA region.
The announcement comes after TVM Capital Healthcare Partners recently announced its intention to invest up to US$100 million in India over the next three to five years, through its IVF chain Bourn Hall International.
Led by Chairman & CEO Dr. Helmut M. Schühsler, TVM Capital Healthcare Partners was established in Dubai in 2009 targeting the growing investment opportunity in private sector healthcare across the Middle East and North Africa (MENA). The company has so far focused on making growth capital and small buyout investments from its first fund, TVM Healthcare MENA I. It has led investment of more than US$60 million in three portfolio companies in the field of long-term care, rehabilitation and home care – ProVita International Medical Centers, Cambridge Medical & Rehabilitation Center and Manzil Health Care Services; and the fourth company Bourn Hall International, a world leader in IVF and fertility.
TVM Capital Healthcare Partners’ strategy is to take advantage of increasing needs for private sector healthcare solutions in emerging markets, by focusing on specialized services that are either non-existent, or drastically undersupplied, and providing international quality standard care at a local level. A second focus of the firm is the pharmaceutical, diagnostics and medical device industries.
Chairman & CEO Dr. Helmut M. Schühsler said: “We have a proven track record of breaking new ground by growing pioneering healthcare companies in the Middle East, as well as India. As we are currently exploring a number of opportunities further afield, the name TVM Capital Healthcare Partners is a better demonstration of our mission to bring global best practice and world-class care to local patients in emerging markets, but not only limited to the MENA region.”
TVM Capital Healthcare Partners is a member of TVM Capital Group, the international healthcare and life sciences investment firm, and has clinical affiliations with strong international healthcare institutions such as the Spaulding Rehabilitation Network (a Harvard Medical School teaching hospital) and Bourn Hall Clinic, Cambridge, UK (the world’s first IVF clinic). It also adds value to its portfolio companies through growth focused services provided by TVM Shared Services, an accelerator organisation that provides a wide range of support, from strategy development and implementation to IT infrastructure, finance and accounting and other services, ensuring portfolio companies’ growth is maximised through access to a seasoned team of professionals.
-ENDS-
About TVM Capital Healthcare Partners
TVM Capital Healthcare Partners was established in 2009 under the name TVM Capital MENA and has since then been led by Chairman & CEO, Dr. Helmut M. Schühsler. The firm is focusing on making growth capital and small buyout investments from its first fund, TVM Healthcare MENA I, in healthcare companies in the Middle East and North Africa (MENA) and India that are or can become leaders in the regional markets. The company has assembled a strong team of investment professionals and healthcare operators as executives-in-residence in its Portfolio Operations Group who collectively have developed an ability to conceptualize and develop business opportunities in the target markets that provide investors with completely proprietary deal flow and investment opportunities. TVM Capital Healthcare Partners has broken new ground with four portfolio investments to date in specialized services that were either non-existent or drastically undersupplied e.g. long-term care, rehabilitation, home care and world-class fertility treatment. The firm operates out of the Dubai International Financial Center (DIFC) and is licensed and regulated by the Dubai Financial Services Authority (DFSA). www.tvm-capital.com or www.tvm-capital.ae
About TVM Capital
TVM Capital is a group of globally acting venture capital and private equity firms with an operating track record of 30 years. Investment teams have financed more than 250 emerging companies across several industries since 1984. During the last 15 years the firm has become increasingly specialized in the most attractive and high-growth verticals in the broader healthcare markets, with focus areas in financing innovative products and technologies in the European and U.S. biopharmaceutical and medical device markets, as well as healthcare services in the Middle East and India. TVM Capital funds operate globally with dedicated Life Science venture capital funds advised by group members TVM Life Science Management in Montreal and TVM Capital in Munich, and its healthcare private equity fund managed by TVM Capital Healthcare Partners out of Dubai. www.tvm-capital.com
Media Contact
The PR Company
Samantha Armstrong
Managing Director
+9714 3042468
+97150 1582958
[email protected]