Sales of INTO-SANA Group to investment firm "Siguler Guff & Company"

Capital Times Investment Company acted as sole financial advisor on sales of majority stake in INTO-SANA Group (Ukraine) to investment firm "Siguler Guff & Company" (United States) through its investment arm, Russia Partners. Sellers are private individuals. Capital Times' team has delivered the multi-optional development strategy and has brokered the deal.

This transaction was recognized as a marker deal in the Ukrainian healthcare industry unveiling its significant investment potential.

"The deal is very important for Ukrainian private medicine development perspectives as well as for the state's investment climate", said Capital Times' Managing Partner Sergey Goncharevich. "It's an indicator of international investors' interest in well-established Ukrainian businesses operating in perspective industries. We are also convinced that a deal involving such a reputable and experienced firm as Siguler Guff can be a milestone for the Ukrainian investment climate in general".

Director of Russia Partners Peter Kochevrin said: "Acquisition of INTO-SANA is an important deal for Russia Partners. We have considered opportunities to enter the private medicine market of CIS for a long time. Our interest to the sector can be explained by extensive internal expertise to manage medical projects we have through our mother company Siguler Guff. Ukrainian market is attractive for us not only from growth perspectives of domestic demand, but also by external one related to convenient geographical location of Ukraine, significant annual transit flows and availability of qualified medical staff."

Siguler Guff & Company is an international firm that manages direct investment funds, with assets of over $8 bn. It is headquartered in New York City and is a leader in managing private equity investments in emerging markets. The company has had a presence in Russia and the CIS since 1994 through its investment arm, Russia Partners. Siguler Guff&Company manages investment funds for large institutional investors, including corporate pension funds, foundations, endowments and sovereign wealth funds.

Into-Sana Group is a leading integrated private healthcare and insurance service provider in Ukraine. The company offers emergency ambulance, in-patient and out-patient treatment, diagnostics, family medicine, and medical insurance services through own clinic, chain of diagnostic centers and ambulance substations located in Odessa Region.