Saudi Medical Companies Poised for Growth with TVM Capital Healthcare’s $250 Million Funding Pool
In a game-changing move for the Middle East, private equity firm TVM Capital Healthcare has announced the launch of its second pool of funding worth $250 million. This exciting development is set to have a significant impact on Saudi medical companies and the healthcare sector as a whole. Since its establishment in 2009, the international growth capital investment fund has been making waves in the Middle East and expanded its reach to Southeast Asia in 2021.
Driving Growth and Innovation in the Healthcare Sector
With a track record of delivering compelling returns and expertise in sourcing deals and nurturing sustainable enterprises, TVM Capital Healthcare is set to revolutionize the healthcare landscape in the region. Bandr Al-Homaly, managing director and CEO of Jada Fund of Funds, hailed the deal as a milestone in mobilizing private capital into Saudi Arabia’s healthcare sector, aligning with Vision 2030’s goals for sector development.
TVM Capital Healthcare’s strategic investments in entrepreneurial ventures aim to address medical needs and bring lasting positive impacts to local communities while delivering significant returns for investors. The firm has established itself as a key player in financing major medical companies in the Kingdom and supporting healthcare growth deals in Europe and the US to bolster the Saudi economy and enhance access to cutting-edge products and services in the region.
Building Strong Partnerships for Success
Chairman and CEO Helmut M. Schuehsler expressed pride in attracting a notable consortium of institutional and family investment groups from Saudi Arabia, other GCC countries, and Europe. The specialized capital pool dedicated to domestic companies in the Kingdom and international firms entering the market is poised for success with a leadership team boasting expertise in Europe, the US, and local Saudi healthcare.
With a focus on Saudi Arabia since 2015, TVM Capital Healthcare’s investment journey in the GCC and Egypt spans over 13 years, with a commitment to enhancing the local and regional healthcare ecosystem. Exciting ventures like Baraya Extended Care, DEBx Medical, and neurocare group are set to make waves in the Saudi market, offering innovative solutions in post-acute care, chronic wound treatment, and personalized mental health services.
Expanding Horizons and Driving Innovation
The fund’s investments span across longevity and genomics, oncology, pharmaceuticals, manufacturing, and diagnostics, showcasing TVM Capital Healthcare’s commitment to driving innovation and improving patient care in the region. With offices in Riyadh, Dubai, Singapore, and Ho Chi Minh City, and support from Munich and Boston, the firm is well-positioned to lead the way in transforming the healthcare landscape.
The fundraising process was facilitated by the multinational law firm Morgan Lewis, underlining TVM Capital Healthcare’s dedication to excellence and success in the market.