Kuwait private equity firm acquired 30% stake in Turkey hospital chain

NBK Capital acquired 30% equity stake in Dunya Goz Group, Turkey's ophthalmology hospital chain through its NBK Capital Equity Partners Fund, the firm's regional private equity fund focusing on growth and expansion opportunities in MENA and Turkey.

Dunya is one of the healthcare platforms in Turkey and the broader Middle East/Eastern Europe region with an annual revenues of $70 million. The Company currently operates a broad network of full scale hospitals, clinics and pretreatment centers across sixteen locations in Turkey and Europe.

NBK Capital Equity Partners Fund, managed by NBK Capital as part of its Alternative Investments Group, is a $250 million private equity fund that specializes in acquiring strategic stakes in companies in MENA and Turkey. The Fund implements an investment approach to create long-term sustainable value through financial, strategic, operating and corporate governance enhancements.

NBK Capital is listed in the Middle East Investors Directory with the code OR41.

More details from their release follows