Australis Partners has agreed to acquire a “significant” minority stake in Vitalmex, a Mexican provider of medical healthcare services. No financial terms were disclosed.
(Press Release) Mexico City, Mexico (June 4th, 2018) – Grupo Vitalmex, S.A. de C.V. (“Vitalmex” or the “Company”) announced today a landmark partnership to drive the future growth of the Company with private equity firm Australis Partners Fund L.P. (“Australis Partners”). Under the terms of the transaction, Australis Partners has agreed to purchase a significant minority stake in the Company, providing capital to fund the Company’s growth strategy.
Founded in 1976, Vitalmex is a leading provider of medical healthcare services to third-parties in Mexico, with activities spanning integrated surgical support services, inventory management, medical equipment outsourcing and maintenance, and the supply and sale of instruments, materials and disposables to over 200 hospitals in Mexico.
The Company leverages a proprietary database and mobile application to service both public and private medical institutions across Latin America, integrating with hospitals’ management and operations.
Vitalmex also designs, manufactures and distributes medical instruments, materials and disposables from its own production and design facilities in Germany and Mexico. The shareholders of Vitalmex welcome the investment of Australis Partners to continue expanding the business in Mexico and throughout Latin American.