Doughty looks to buy Teknon from Magnum

The transaction could close in late September.

Magnum bought the firm in 2010 in a secondary buyout from BC Partners. The GP acquired a 95% stake in the business for €140m, with the management team retaining the balance of shares. Mercapital had also circled the asset and was understood to have offered €135m for the firm.

In 2004, BC Partners bought the private clinic from US group Tenet Healthcare for €90m, in the GP's first foray into the Spanish market.

The company is understood to have reported a €73.1m turnover last year, up 2.5% on the previous year, with net profit reaching €3.9m, a 3.9% improvement on 2011.

Magnum and Doughty Hanson could not be reached for comment. 

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• Topics
• Southern Europe
• Buyouts
• Healthcare
• Spain
• Doughty Hanson & Co
• Magnum Capital Industrial Partners