12/11/2009

Carlyle Group invests in Turkish healthcare company

Milliyet - The Turkish healthcare system continues to attract foreigners both as patients and investors. US private equity firm Carlyle Group announced the acquisition of a 40 percent stake in Medical Park, one of Turkey's largest healthcare companies. The deal, totaling USD 110 million, will help Medical Park become an international brand specializing in healthcare services. Similar investments in Turkish healthcare companies include Dubai’s Abraaj Capital’s partnership with Acibadem Healtcare Services and Greek Marfin with Safak Hospitals. Similarly, the Global Environment Fund (GEF) chose to enter the Turkish healthcare sector by acquiring Dentistanbul, the dental care services.