Baring Vostok Capital Partners Invests in United Medical Group (CEE/CIS)
Posted On: 04 Apr 2012 | Source: European Medical Center Group of Companies
Baring Vostok Capital Partners (BVCP), a private equity firm operating in Russia and the CIS, has acquired a 27 percent stake in the United Medical Group holding company, which is the parent company of the Moscow-based medical services provider European Medical Center Group of Companies (GEMC). The deal is valued at US$100 million. The company plans to use the funding to finance GEMC projects through 2015.