RTPR has assisted the private equity fund MidEuropa on the sale of Regina Maria Group to Mehiläinen in the largest ever healthcare services transaction in Central Europe. Regina Maria Group is the leading integrated private healthcare network in Romania, offering a wide range of multi-specialty outpatient healthcare services and hospital services, serving over 2 million patients annually via its 300-unit network. The sale further includes Regina Maria’s sister company, MediGroup, the leading service provider in the private healthcare market in Serbia. The transaction is subject to customary regulatory approvals and is expected to close in 2025. 

Mehiläinen is Finland’s largest healthcare and social care provider, with a fast-growing international presence. Mehiläinen is a portfolio company of CVC Capital Partners and, in the context of this transaction, the global private equity firm Hellman & Friedman will become a second major investor in Mehiläinen. 

RTPR executed this mandate via a team of more than 20 lawyers coordinated by Costin Taracila (Managing Partner) and Roxana Ionescu (Partner) for both due diligence and transactional phases of the project. The two partners were closely assisted by Marina Fecheta-Giurgica (Senior Associate) and the team further benefited from the significant input of Maria Luca (Associate). Alina Stavaru (Partner) advised on the negotiation of the new arrangements with Regina Maria and MediGroup’s management. Advisors to MidEuropa included: Rothschild & Co, A&O Shearman, Karanovic & Partners, PricewaterhouseCoopers and LEK.

“Our longstanding relationship with Regina Maria and MidEuropa is a source of great pride and it stands as a testament to our expertise and our dedication to excellence. We are delighted to have facilitated this major transaction which not only sets a new benchmark for M&A in Romania but also establishes a new record within the healthcare sector. Congratulations to the MidEuropa and Regina Maria teams for their exceptional performance, and thank you for the flawless collaboration!”, said Costin Taracila, Managing Partner of RTPR.

“The remarkable success of Regina Maria, which has grown with each newly opened clinic and each acquisition to become one of the largest healthcare providers in Romania, is truly a source of inspiration, and we feel privileged to have been able to contribute to this achievement. Throughout the entire sale process, we have formed an excellent team with MidEuropa and Regina Maria and we would like to thank them for the exceptional partnership”, said Roxana Ionescu, Partner at RTPR.

At the beginning of this year, RTPR announced the completion of the record-breaking deal in which it assisted MidEuropa in the EUR 1.3 billion exit from Profi, as well as providing support to Profi in the largest ever transaction in the retail sector in Romania.