
Gimv acquires stake in MVZ Holding
Belgium-based buyout house Gimv has acquired a substantial stake in and committed additional growth capital to MVZ Holding, a Swiss group of medical practices.
Gimv will provide financial and strategic support for MVZ's growth strategy, which involves opening or acquiring more medical practices within Switzerland.
The GP is active in healthcare and has completed 79 deals in the sector, more than in any other besides technology. However, the majority of these investments have been in the biotechnology and medical equipment sub-sectors and it has only made three previous investments in the healthcare provider space, all in Benelux and France.
This transaction could mark the start of a consolidation strategy in Switzerland, following the lead of private equity houses such as Waterland and Deutsche Beteiligungs AG, which have pursued similar strategies in this sector in Germany.
Company
Founded in 2009, MVZ owns 25 medical practices in Switzerland. The founders and management will remain in their roles after the acquisition and continue to be shareholders in the company. MVZ's headquarters in Hünenberg where it moved from Baar in 2015.
People
MVZ Holding – Josef Rohrer (president).
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