Industry Newsroom

Mediterrania-Led Consortium Acquires Egyptian Diagnostics Imaging Company MetaMed for ~

A consortium of investors led by Africa-focused growth equity fund manager Mediterrania Capital Partners has acquired Egypt-based diagnostics imaging company MetaMed from Middle East- and Africa-focused alternative investment firm Gulf Capital for over EUR100m (approximately USD109m). Mediterrania provided USD25m through Mediterrania Capital III, while the remaining USD75m were provided by FMO, Proparco, DEG, and EBRD. Read more