TVM Capital Healthcare, a renowned global private equity firm specializing in healthcare investments in emerging markets, has announced the grand opening of its new office in the capital city of the Kingdom of Saudi Arabia. This strategic move reflects TVM Capital Healthcare’s commitment to providing guidance and support to its portfolio companies as they expand their operations in the Kingdom, which boasts the largest market in the region. The establishment of this local office comes on the heels of TVM Capital Healthcare’s successful venture in 2019 when it facilitated the expansion of its portfolio company, Cambridge Medical and Rehabilitation Center, from the United Arab Emirates to Saudi Arabia.

By establishing a solid presence in Riyadh, TVM Capital Healthcare bolsters its extensive global network, spanning the United States, Europe, the Middle East and North Africa (MENA), and Southeast Asia. This expansion allows TVM Capital Healthcare to leverage local healthcare expertise and advisory services, enhancing its ability to serve the region effectively. The primary focus of the new office will be to support portfolio companies financed by TVM Capital Healthcare’s growth capital funds. By doing so, the firm aims to supplement the existing healthcare system, address the unmet demands in various healthcare sectors, and facilitate improved access to high-quality healthcare services on a local level.

Orhan Osmansoy, the Managing Partner of TVM Capital Healthcare and Director of the newly established Riyadh office expressed his optimism about the growth opportunities available in Saudi Arabia’s specialist healthcare sector, which aligns perfectly with the firm’s core expertise. Osmansoy acknowledged TVM Capital Healthcare’s longstanding involvement in the Saudi Arabian market but emphasized that the Riyadh office would enable the firm to expand further and nurture local relationships. It will also facilitate closer collaboration with the Kingdom’s investors, regulators, industry peers, and entrepreneurs. Osmansoy recognized Saudi Arabia as an economic powerhouse in the region and expressed enthusiasm for supporting the Government’s Health Sector Transformation Program outlined in Vision 2030.

Joining Osmansoy in Riyadh is Othman Abahussein, an Operating Partner at TVM Capital Healthcare and the Director of the new office. Abahussein praised the Health Sector Transformation Program, highlighting its goal of creating a more comprehensive, practical, and integrated local health sector that caters to the needs of individuals and society. With TVM Capital Healthcare’s global presence and extensive network, Abahussein looks forward to collaborating with all stakeholders to provide cutting-edge healthcare solutions that bring patients and their families closer to top-notch medical services.

The opening of TVM Capital Healthcare’s office in Riyadh represents a significant milestone for the firm and solidifies its commitment to the Kingdom’s healthcare landscape. With its unrivalled expertise and expansive network, TVM Capital Healthcare is poised to play a pivotal role in shaping the future of Saudi Arabia’s healthcare industry.

Written by: Kevin Hall

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