AmberStone Group has acquired a stake in Vītola Klīnika and has developed New Hanza Med in Riga
July 2025 — AmberStone Group AS has acquired a 49% stake in Vītola Klīnika and invested in its expansion and relocation to new premises, leading to the creation of New Hanza Med — a modern, multidisciplinary medical and surgical center in the New Hanza district of Riga, Latvia.
Located at Mihaila Tāla iela 1, the new facility brings together specialists from diverse healthcare fields under one roof, providing a full spectrum of services from preventive care to complex surgical procedures. With this project, the group continues to strengthen its position in the healthcare sector, aiming to bring world-class medical standards to Latvia.
AmberStone Group is a Latvia-based investment holding company founded in 2013, specializing in private equity-style investments across sectors including healthcare, hospitality, agriculture, construction, wood processing and renewable energy. The group has extensive experience and a strong track record in developing medical facilities, notably ORTO Clinic.
Vītola Klīnika offers a comprehensive range of gynecological, diagnostic and surgical services delivered by experienced specialists. Patients benefit from advanced technology, effective treatment methods and a personalized approach, ensuring a seamless continuum of care from initial consultation and diagnostics through surgery and post-operative recovery.
Our role in the transaction
Oaklins’ team in Latvia acted as the exclusive buy-side advisor to AmberStone Group, supporting the investment thesis, identifying potential acquisition targets, facilitating introductions and negotiating deal terms.
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