Arcapita and Mumtalakat Sell Stake in NAS Neuron Health Services to Undisclosed U.S. Fortune 500 Company
August 17, 2020
Arcapita Group Holdings and Bahrain Mumtalakat Holding Company have sold their equity stakes in NAS Neuron Health Services L.L.C., a leading GCC third‑party administrator (TPA) for medical claims, to an undisclosed U.S.-based Fortune 500 company. The sale represents an investor exit after a three-year holding period during which the consortium supported NAS Neuron's organic and inorganic growth and technology rollout.
- Buyers
- Undisclosed U.S.-based Fortune 500 company
- Targets
- NAS Neuron Health Services L.L.C.
- Sellers
- Arcapita Group Holdings, Bahrain Mumtalakat Holding Company
- Industry
- Healthcare Services
- Location
- United Arab Emirates
- Transaction Type
- Divestiture
Explore More
Related Acquisitions
-
Arcapita and Dgpays Acquire Majority Stake in NEOPAY from Mashreq
September 23, 2024
Payments & Fintech
Arcapita and Dgpays (in equal partnership) have agreed to acquire a majority stake in NEOPAY, the UAE-based payment solutions provider, from Mashreq, which will retain a significant minority interest. The deal implies an approximate enterprise value of $385 million and is subject to regulatory approvals; the consortium will support NEOPAY's regional expansion and technology integration.
-
HCAP Partners Exits CortiCare (Neuromonitoring Services Provider)
August 15, 2023
Healthcare Services
HCAP Partners has exited its strategic investment in a leading neuromonitoring company, identified as CortiCare, selling the business to an undisclosed buyer. HCAP invested in 2019 and during its hold period the company’s revenues quadrupled, EBITDA grew 2.5x, and headcount expanded from roughly 54 to about 256 employees, supporting expanded tele-neurology and in-home EEG services.
-
Arcapita Acquires Nationwide Property & Appraisal Services from Corridor Capital
January 31, 2022
Professional Services
Arcapita Group Holdings has acquired Nationwide Property & Appraisal Services, a technology-enabled real estate appraisal management company, from Corridor Capital and its affiliated funds. Corridor and institutional coinvestors 747 Capital and Southfield Mezzanine elected to rollover a minority stake; Nationwide grew to more than $140 million in annual revenue under Corridor’s ownership.
-
Parthenon Capital Completes Growth Recapitalization of Nuvem Health
July 22, 2020
Healthcare Services
Parthenon Capital has completed a growth recapitalization investment in Nuvem Health, a healthcare technology company that provides pharmacy claims administration and analytics for safety-net healthcare providers. Proceeds will be used to accelerate growth initiatives and provide liquidity to non-management shareholders while Nuvem's senior leadership, including Founder & President Colleen DiClaudio and CEO Gonen Antebi, remain in place.
-
TA Associates (via Project Neptune BidCo) Completes Tender Offer to Acquire Nexus AG
January 3, 2025
Software
TA Associates, through its holding company Project Neptune BidCo GmbH, completed a tender offer to acquire approximately 94.95% of Nexus AG at €70.00 per share and expects settlement in Q1 2025 subject to regulatory clearances. TA plans to take Nexus private, delist it from the Frankfurt Stock Exchange, and support the company's growth by investing in R&D, cloud and AI capabilities and pursuing strategic acquisitions.
-
ArchiMed Acquires Natus Medical Incorporated
July 21, 2022
Medical Devices
ArchiMed, through its MED Platform II fund, completed a take‑private acquisition of Natus Medical Incorporated, with Natus shareholders receiving $33.50 per share. ArchiMed said it will internationalize and grow Natus' neurodiagnostics product portfolio, reinforce R&D, and pursue complementary bolt‑on acquisitions.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.