Media release
LGT Private Debt arranges a unitranche facility to support the primary buyout of HT Médica by Fremman Capital
LGT Private Debt has acted as lead arranger and underwriter of a unitranche facility to support the buyout of the Spanish radiology and diagnostic imaging company HT Médica by private equity firm Fremman Capital.
Pfaeffikon and Paris, 23 May 2024. Founded in 1976 and headquartered in Madrid, HT Médica is one of Spain’s leading providers of diagnostic imaging services. The group has 23 diagnostic centers across Andalucía, Castilla La Mancha, Castilla y León, Asturias and Madrid, offering solutions including MRI, CT, ultrasound, RX and digital pathology. The company serves over 300 entities, including private insurance companies and public healthcare administrations.
Kevin Abrial, Partner at LGT Capital Partners, commented: “We are delighted to support HT Médica and Fremman Capital in their next phase of development. HT Médica relies on the most advanced techniques in radiology and leverages its multidisciplinary medical team to offer its patients a full, fast and personalized diagnosis. Fremman Capital has deep expertise in the healthcare industry and a track record of successfully transforming businesses from local to multinational leaders.”
Ricardo de Serdio, Founding Partner and CEO at Fremman Capital, said: “We have found LGT Private Debt to be a strong partner who recognizes the potential of HT Médica and has been of exceptional support in the buyout of the company. We share the same vision for HT Médica’s future development as a unique consolidation platform on the back of its superior service quality, best-in-class medical equipment and leadership from Dr. Luna. We are convinced that the diagnostic imaging industry will continue to grow in importance going forward.”
Private debt is one of LGT Capital Partners’ areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt. It has invested more than EUR 5.6 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.
LGT Capital Partners
LGT Capital Partners is a leading global specialist in alternative investing with over USD 100 billion in assets under management and more than 700 institutional clients in 44 countries. An international team of over 800 professionals is responsible for managing a wide range of investment programs focusing on private markets, multi-alternatives and diversifying strategies, as well as sustainable and impact strategies. Headquartered in Pfaeffikon (SZ), Switzerland, the firm has offices in San Francisco, New York, Dublin, London, Paris, The Hague, Luxembourg, Frankfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo and Sydney.
Fremman Capital
Fremman is a pan-European, mid-market investment firm with offices in London, Luxembourg, Madrid, Munich and Paris that looks to partner with successful management teams to help transform businesses from local champions to multinational sustainable leaders. Its partners have a long history working together, with over 100 years of combined investment experience. Fremman’s goal is to build better, more sustainable businesses that have a positive impact on society.
Sebastian Kistner
Head of Corporate Communications
IMPORTANT INFORMATION
AuM is estimated and subject to change. Private market assets are stated in terms of committed capital. This marketing material was issued by LGT Capital Partners Ltd., Schuetzenstrasse 6, CH-8808 Pfaeffikon, Switzerland and/or its affiliates (hereafter "LGT CP") with the greatest of care and to the best of its knowledge and belief. LGT CP provides no guarantee with regard to its content and completeness and does not accept any liability for losses which might arise from making use of this information. The opinions expressed in this marketing material are those of LGT CP at the time of writing and are subject to change at any time without notice. If nothing is indicated to the contrary, all figures are unaudited. This marketing material is provided for information purposes only and is for the exclusive use of the recipient. It does not constitute an offer or a recommendation to buy or sell financial instruments or services and does not release the recipient from exercising his/her own judgment. This marketing material may not be reproduced either in part or in full without the written permission of LGT CP. It is not intended for persons who, due to their nationality, place of residence, or any other reason are not permitted access to such information under local law.
