US healthcare group Sanford Health has acquired a 12.5% stake in Metropolitano Hospital Group a leading provider of private healthcare in Costa Rica operating the following businesses: Hospital Metropolitano, Medismart, Labiclin, Drs Dent and Laboratorios Paez. Valeo Capital Partners co-advised the acquirer Sanford Health together with E3 Capital.

Headquartered in Sioux Falls, South Dakota, Sanford Health is a major healthcare group in the US. The organization includes 44 hospitals, 1,400 physicians and more than 200 Good Samaritan Society senior care locations in 26 states and nine countries.

Metropolitano Hospital Group is the largest private healthcare provider in Costa Rica offering a broad range of in-patient and outpatient services across its numerous hospital, clinic and laboratory locations. It is behind the pre-paid medical plan Medismart.

Theodore Mills, Managing Director of Valeo Capital Partners commented: “We are delighted to have participated in another cross-border M&A transaction in Costa Rica in 2019. This deal had many complex features: a large and fast-growing target company active in many different businesses, sophisticated foreign acquirer requiring world-class financial advisory services under an extremely accelerated timetable.”

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