Tawasol Holdings Partners with LimeVest Partners Healthcare in Egypt
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LimeVest Partners excited to announce strategic #investment in Alexandria New Medical Center, the largest private hospital in Northern #Egypt with a bed capacity of approximately 300 beds, by acquiring shares from Abu Dhabi Commercial Bank and others. This supports thesis of mobilizing private #capital to back leading #healthcare providers, create quality #employment opportunities, expand #access to basic healthcare services, and promote the role of #women in the #workplace. Sharif A. El Akhdar, Founder and Managing Partner of LimeVest Partners, said: “We are proud to invest in Alexandria New Medical Center to accelerate the growth of a tertiary care leader in the healthcare sector through continued execution, innovation, and investment. Backing leading healthcare providers, one of our highest convictions, is an area where we have deep experience, and we look forward to investing in ANMC’s further expansion. With a deep commitment to sustainable value creation, we look forward to a partnership with Elaj Group leveraging our combined operational capabilities, expansive healthcare network and capital to support ANMC’s organic and inorganic growth initiatives. We are excited to continue bringing the broadest and deepest capabilities to the healthcare industry and support the #Egyptian government’s ambitious goals of increasing access to #quality and #affordable care.” #egypt #alexandria #healthcare #impact #sustainable #investments #investing #privateequity #privateequityfunding