Bupa's Care Plus buys into Brazil's Beep Saúde, taking part of DNA Capital's stake
What's the deal? Care PlusDealroom has a profile for this one. Try Dealroom →, owned by British group BupaDealroom has a profile for this one. Try Dealroom →, has agreed to buy part of DNA CapitalDealroom has a profile for this one. Try Dealroom →'s stake in Beep Saúde, a Brazilian home-health company that provides vaccinations, laboratory tests, and infusions at patients' homes. The deal was signed on September 30, sources said. Terms were not disclosed.
What each side brings: Care Plus operates in Brazil under Bupa, the UK-based health insurance and care group. Beep Saúde delivers medical services directly to patients' homes, a model that has gained ground as healthcare providers push care outside clinics and hospitals.
What changes? The acquisition gives Care Plus a share previously held by DNA Capital, an investor in Beep Saúde. DNA Capital keeps part of its position, as Care Plus is buying only a portion of its stake.
The signal: International health groups continue to seek exposure to Brazil's home-care market, and the deal points to consolidation in a sector where insurers and care providers are moving closer to the patient.
Read more: valor.globo.com
Image credit: agilemktg1
