ARX Equity Partners Exits DC Bled
ARX Equity Partners has completed the sale of its investment in Slovenian healthcare services provider Diagnosticni Center Bled. The divestment has generated an overall 3.6x cash-on-cash return multiple and an IRR exceeding 25%.DCB has been acquired by a joint venture involving Sava Re and Triglav, two of Slovenia’s largest insurance companies.
Brian Wardrop, Managing Partner at ARX, said: “We are delighted that DC Bled has been acquired by a blue-chip strategic investor, one that will continue to support the Company in its objective to provide the highest quality medical services to the Slovenian market. We want to thank the DC Bled management team, led by CEO Zvone Novina, for the exceptional cooperation with ARX during this sale process and we wish them continued success with this new chapter.”
ARX acquired DCB in 2015; Slovenia as one if its core Central European focus markets.
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