Go to deals
Private Equity | Healthcare

SAT Health expands its outpatient care by acquiring Blocks Medical Center

Blocks Health and Social Care has sold Blocks Medical Center Mladost to SAT Health, a private equity-backed healthcare data analytics and outpatient care provider.

Blocks Medical Center Mladost (BMCM) is an outpatient care facility striving to provide the highest level of healthcare to its patients. BMCM is located in the heart of Business Park Sofia, the largest commercial offices ecosystem in CEE, and offers a broad spectrum of services, satisfying the various needs of its well-positioned and affluent customers. The facility carries modern medical equipment and leads a medical team of about 20 established specialists who provide high-quality and specialized diagnostic services to its patients. BMCM is part of Blocks Group, one of the largest social care providers in Bulgaria.

Headquartered in Bulgaria, SAT Health integrates data analytics and traceability with conventional and virtual patient care to drive the new way of collaborative working and partnership within the healthcare community. The company operates a hybrid healthcare model by integrating IT data science with its own network of outpatient medical centers, home visits and telemedicine. SAT Health, supported by its investors, is growing the business organically and inorganically and is leading the digital transformation and innovations in the healthcare sector.

Blocks Health and Social Care (Blocks) is amongst the leading providers of rehabilitation and long-term care services in Southeast Europe. Blocks delivers to its customers high-quality care throughout the whole spectrum of the post-acute care continuum, including recovery and rehabilitation, long-term acute care, nursing services, memory care, palliative services, and home care. Blocks has a specialized team of professionals bringing top-notch care services to its elderly patients, in accordance with the latest world standards and practices in the social care space.

Oaklins’ team in Bulgaria acted as the exclusive M&A advisor to Blocks Health and Social Care in the disposal of Blocks Medical Center Mladost by managing the overall sale process and assisting the seller with all the required steps until closing.

Parties

Talk to the deal team

Ivan Angelov

Associate Director
Sofia, Bulgaria
Oaklins Karoll

Nasko Jordanov

Principal
Sofia, Bulgaria
Oaklins Karoll

Related deals

GARAIO has been acquired by Netrics Group.
Private Equity | TMT

GARAIO has been acquired by Netrics Group.

Netrics Group has acquired GARAIO AG as a wholly owned subsidiary. GARAIO will continue to operate as an independent company under the umbrella of Netrics Group. With this acquisition, Netrics Group is further expanding its leading position as a provider of managed cloud and digital workplace solutions as well as consulting services.

Learn more
Foreman Capital has raised financing for the acquisition of Rijcken Groep
Private Equity | Food & Beverage

Foreman Capital has raised financing for the acquisition of Rijcken Groep

Foreman Capital, a Netherlands-based private equity firm, has secured debt financing for the acquisition of international food wholesaler Rijcken Groep. The financing package, provided through a club deal by Rabobank and ING, is designed to support Rijcken Groep’s organic growth as well as its planned buy-and-build strategy.

Learn more
G/O Media Inc. has sold Gizmodo to Keleops AG
Private Equity | TMT

G/O Media Inc. has sold Gizmodo to Keleops AG

G/O Media Inc. has sold Gizmodo, a premier international media outlet dedicated to technology, to Keleops AG. The acquisition represents a major milestone for Keleops, already one of Europe’s largest groups of digital media publishers in the consumer technology sector. By expanding its reach within the industry and on an international scale, Keleops expects to double its current audience, fostering greater brand awareness and engagement.

Learn more