Deal sheet
- Sector
- Healthcare
- Mandate
- Sell-Side
- Year
- 2020
- Country
- Brazil
Hospital Care, a portfolio company of private equity fund Crescera Investimentos and Abaporu fund, acquired a 60% stake in Grupo Austa.
JK Capital acted as exclusive financial advisor to Grupo Austa.
About the deal
About Grupo Austa
The Austa Group, from São José do Rio Preto, brings together a hospital founded in 1980 by doctors linked to Famerp, the operator Austa Clínicas (1989) with 75 thousand beneficiaries and Austa Ocupacional, with more than 800 professionals; president Mário Jabur Filho.
About Hospital Care (Crescera / Abaporu)
Hospital Care is a health holding company created in 2017 by Elie Horn (Abaporu fund), Julio Bozano (Santa Maria) and Crescera, a pioneer in the ACO model in Brazil, with assets in Campinas, Ribeirão Preto, Florianópolis and Curitiba; Austa is its 27th asset. CEO Rogério Melzi.
Transaction rationale
This acquisition follows Hospital Care's regional hub strategy for integrated population health management and marks its entry into Rio Preto after long negotiations. The operation is subject to approval by Brazil’s Administrative Council for Economic Defense (CADE).