People familiar with the matter said that Bloomberg-Quria Capital, a health care focused private equity firm, is looking into a sale of its stake in FV Hospital in Vietnam.
The people who asked not to be identified as the information is private, said the buyout firm is working with an adviser on the potential divestment, which could fetch $300 million to $400 million in a deal. The owners of FV Hospital, including its co-founder and Chief Executive Officer Jean-Marcel Guillon, may be able to sell part or all of their stakes, the people said.
The people said that Quadria could decide against a transaction at an early stage. A representative for Quadria wasn't available for comment, while a representative for FV Hospital was not immediately available for comment.
FV Hospital was founded in 2003 by a group of French doctors in Ho Chi Minh City. It runs a 220 bed hospital with 950 service staff and operates an outpatient clinic in the Vietnamese city. The medical facilities also receive patients from the neighboring countries of Myanmar, Laos and Cambodia.
According to a press release at the time, Quadria acquired a stake in FV Hospital for an undetermined amount in 2017. Other investors who participated in the investment include funds managed by Neuberger Berman Private Equity and DEG, the German development finance institution under KfW Group.
Guillon told DealStreetAsia in an interview in 2019 that FV Hospital was reviewing strategic options to provide an exit route to Quadria Capital, including a potential initial public offering.
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