News

Today, Value4Capital announced the completion of the previously announced sale of its portfolio company home.pl to United Internet’s subsidiary 1&1 Internet SE, following receipt of the unconditional consent for the transaction from the Polish Office of Competition and Consumer Protection.

Romanian private healthcare operator MedLife has opened its second large clinic in Timisoara, in western Romania. The new unit is the largest private clinic in the city and offers 26 medical specialties. The unit offers imaging and laboratory services as well as non-hospital treatment.

Romanian private healthcare operator MedLife has opened the largest private clinic in Cluj-Napoca, north-western Romania, following a EUR 800,000 investment.

Today, Value4Capital announced that it has agreed the sale of its portfolio company home.pl to United Internet’s (Xetra: UTDI) subsidiary 1&1 Internet SE, subject to anti-monopoly clearances.

MedLife, one of the leading private healthcare operators in Romania, ended 2014 with a total turnover of EUR 80 million and an EBITDA profit of EUR 13 million, up 25% year-on-year. The results are in line with initial estimations and above the market’s growth rate of 7-8%, the company announced.

This year’s Private Equity Diamond Awards, sponsored by the Executive Club and the Polish Private Equity Association, saw Bill Watson awarded the “Personality of the Year” jointly with Robert Manz of Enterprise Investors.

MedLife, Romania’s largest private medical services provider, opened a hyper-clinic in Iasi, northeastern Romania, its eleventh in the country, following a EUR1.1 million investment, the company said in a statement.

Private healthcare operator MedLife recently bought two new laboratories in Iasi and Constanta. The company also opened two new health centers in Iasi and Galati earlier this year and plans to open two other centers by the end of 2014. The expansion strategy is due to continue in 2015.