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Busamed deal set to transform SA’s healthcare sector

02 Nov 2016

Country
South Africa
Year
2016
Sector
Industrials
Specific Role
Financial Advisor, Structuring Advisor, Equity Financing, Asset Financing
Standard Bank recently facilitated the R1.7-billion acquisition of the Gateway and Hillcrest Private Hospitals for Busamed, one of South Africa’s first black-owned private hospital groups.

Moving healthcare forward

Standard Bank recently facilitated the R1.7-billion acquisition of the Gateway and Hillcrest Private Hospitals for independently owned private hospital group Busamed; who continue to transform the South African health sector by providing more accessible world class healthcare. 

As the sole Investment Bank on the transaction, Standard Bank provided Financial Advisory services, Structuring Advisory, Equity Finance and Asset Finance to Busamed. Our experience in developing multi-product, innovative solutions has been instrumental in helping to expand the stable of private medical facilities available to all South African's, and we look forward to continuing our successful partnership.

Busamed transforming healthcare