Essential reading for the healthcare business
 
 
Remember me:
Skip Navigation LinksHealthInvestor article
Permira oversees MESA and Asteral merger

Private equity firm Permira has backed a merger between medical equipment firms MESA Group and Asteral.

The operations union between Switzerland-based MESA and Reading-based Asteral will be led by current MESA executive chairman Robert Piconi.

Christopher Langley, currently Asteral chief executive, will become special advisor to the new company board.

Piconi said that he was “delighted” by the union which would bring together “two highly complementary businesses”.

“As a combined group, we will be in an even stronger position to help our customers deliver improved patient care by leveraging our expertise in the way that medical facilities are planned, procured, managed and maintained.”

A Permira spokesperson told HealthInvestor that the name of the new company has not yet been decided. It will be called MESA-Asteral in the interim.

Permira head of healthcare Mubasher Sheikh said that health organisations everywhere needed to “find a way to balance financial constraints with the tremendous advantages that modern and well-maintained imaging and scanning devices can offer for patient care”.

“MESA and Asteral have proven their market leadership over recent years and together they will be able to help health organisations across Europe achieve even better outcomes,” he concluded.

KPMG ran the deal process for Asteral.


Related articles:

Posted on: 08/08/2014

Latest news stories

17/01/2019
Core Assets Group and Partnerships in Children’s Services are joining forces to create a UK specialist fostering network.
17/01/2019
Waterland Private Equity has acquired Sandcastle Care, a residential childcare provider offering long-term therapeutic care across 18 sites in the Northwest of England.
17/01/2019
Healthcare facilities investor Octopus Healthcare, part of the Octopus Group, has raised a further £133.5 million for its Octopus Healthcare Fund.
16/01/2019
Private equity firm Apposite Capital, has announced that its portfolio company Swanton Care and Community has acquired Courtyard Care.
15/01/2019
Manual, an online platform designed to improve men’s health, has achieved £5 million in venture capital seed funding .


Civica


HealthInvestor blog
The government urgently needs to bring clarity to the future of social care provision

Click here to view the HealthInvestor blog


There has been a policy-driven move towards returning responsibility for healthcare to the individual; while greater independence, choice and control over their care sounds like a positive move, for care providers, this can come with inherent risk. Clare Connell and Ryan Perrott ask, ‘Is the concept of individual choice being pushed too far?’
A recent Freedom of Information request has put local authority care home spending in question. Is it time to call public sector provision to account? HealthInvestor UK investigates
In an innovative move designed to speed up access to treatment, health insurer Bupa is joining forces with independent hospital provider HCA Healthcare UK to launch a network of specialist centres for the diagnosis and treatment of breast cancer
A CMA investigation into the CareTech-Cambian tie-up is expected to delay the deal until at least the new year. The intervention – which is one of many in the sector – also raises further questions over the potential for consolidation in sensitive areas of social care. Jeremy Bowden investigates

Click here to search all feature articles



Specialist care

Andrew Cannon, chief executive of Voyage Care, believes in understanding his workforce. The boss of the UK specialist care provider, which supports more than 3,500 people with learning disabilities, autism, brain injuries and other complex needs, says: "it's about love". HealthInvestor UK gets the lowdown
Read more


Christie + Co

my images



Recruitment and retention

When people are one of your greatest assets, it's essential that you are recruiting and retaining the right ones. Neil Eastwood, author of Saving Social Care, advisor to the Department of Health & Social Care's national recruitment campaign, and founder of Sticky People, shares his sector insight
Read more