Healthcare M&A rapidly going global

Folks, a few days ago I posted a few thoughts about the growth in healthcare M&A activity — and told you that I saw activity picking up in Q4 of this year. Without saying so, or even thinking about it, I pretty much assumed that we were talking about outflows of U.S. capital into other regions.

That, I’m embarassed to say, was rather myopic of me.  In fact, until today, I was completely out of touch with the pace of healthcare investments across the world. And while India is perhaps the most visible example of a globally-expanding marketplace, it’s just the tip of the iceberg.

Just check out some of the recent transactions I found just be doing a little digging:

> Indian hospital chain Fortis Healthcare plans to buy a hefty chunk (23.9 percent) of Singapore’s Parkway Holdings.

> Hospital operator Life Healthcare Group completed South Africa’s biggest IPO last week, in a deal which raised about $680 million. The company, whichowns or operates 62 hospitals and about 8,100 beds total, is hunting for properties in Turkey, Ghana and india.

> Qatar First Investment Bank, along with private equity firm Ithmar, has begun picking up healthcare and pharma/life sciences investments in the region. The first deal undertaken by the two is an investment in Abu Dhabi-based Al Noor Medical Company.

Of course, some markets will be slower than others to pick up speed — after all, healthcare systems are often intertwined with government financing schemes and local politics — but the process of global consolidation is well on its way.

About the author

Anne Zieger

Anne Zieger

Anne Zieger is a healthcare journalist who has written about the industry for 30 years. Her work has appeared in all of the leading healthcare industry publications, and she's served as editor in chief of several healthcare B2B sites.