Estonia, Investments, Medicine, Technology

International Internet Magazine. Baltic States news & analytics Sunday, 05.05.2024, 22:04

Investor BaltCap acquired Estonia's medical diagnostics firm Quattromed HTI Laborid

Juhan Tere, BC, Tallinn, 10.09.2008.Print version
BaltCap, the leading private equity investor in the Baltics, has acquired 75% of the largest private medical diagnostics company in Estonia, Quattromed HTI Laborid, the Baltic Business News Channel reported.

The transaction was executed via the holding company MediCap Holding.

 

The sellers are Estonian private individuals and Finnish biotechnology company FIT Biotech OY. The parties did not disclose the value of the transaction.

 

Quattromed HTI Laborid OÜ operates in the medical services sector serving a large number of Estonia’s general practitioners, private clinics as well as regional and local hospitals. The company’s turnover in 2007 was approximately 50 million kroons and it has 60 employees.

 

BaltCap Management is the leading independent private equity firm focusing on mid-market buyout and expansion capital investments the Baltics. It has strong presence in all three Baltic countries with local offices and experienced team of 12 investment professionals.





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