22.07.31
Sylvan buys Singapore orthopaedics business
Singapore-based private equity firm Sylvan Group has taken a controlling position in Singapore Orthopaedic Specialists (SOS) as a bolt-on of recently acquired Artemis Health Ventures. Sylvan purchased Artemis, a musculoskeletal care provider, in February along with three other healthcare companies. These four acquisitions, worth a combined USD 140.5m, were the firm's first investments ... View Articles
22.07.29
The US and Asian family dynasties invest in a private equity group, Sylvan Group
A private equity firm’s unit – backed by the Rockefeller and Hyundai dynasties – has completed its growth partnership with Singapore Orthopaedic Specialists (SOS), which focuses on musculoskeletal care. The unit is called Artemis Health Ventures, part of the Sylvan Group. (This news service has also covered events at the Sylvan Group here.) Through the partnership, SOS will help its growth by bringing together medical professionals from across sub-specialities to provide the best-possible integrated musculoskeletal care in Singapore, it said in a statement. SOS operates under three practices – Orthopaedics International, Sports Medicine International and Neurosurgery International. The planned expansion comes at a time when demand for such care is increasing rapidly due to the ageing population. SOS’s practices treat patients suffering from various musculoskeletal ailments such as nagging sports injuries, spine and neurosurgical problems, musculoskeletal tumours, orthopaedic trauma, and painful arthritis. The organisation has 10 specialists in its ranks who have been serving the orthopaedic needs of the local and international community since 1995. These doctors will remain as shareholders in the enlarged company. The Sylvan Group was founded in 2019. To date, Its maiden fund, the Sylvan Asia Growth Fund I, has invested about $140 million in four Singapore-based healthcare and pharmaceutical companies, including Artemis. View Articles
22.07.28
Sylvan Group’s Artemis Health Ventures seals strategic partnership with SOS
Artemis Health Ventures, a unit of The Sylvan Group, a private equity firm backed by members of the Hyundai and Rockefeller families, said today that it has completed its strategic growth partnership with Singapore Orthopaedic Specialists (SOS). Through the partnership, SOS will be able to accelerate the growth of its practices by bringing together talented medical professionals from across all relevant sub-specialties to provide the best possible integrated musculoskeletal care in Singapore. SOS operates under three practices – Orthopaedics International, Sports Medicine International and Neurosurgery International – and the planned expansion comes at a time when demand for such care is increasing rapidly due to the aging population. SOS’s practices treat patients suffering from various musculoskeletal ailments such as nagging sports injuries, spine and neurosurgical problems, musculoskeletal tumours, orthopaedic trauma, and painful arthritis. By working closely with one another, SOS specialists and their supporting medical professionals are able to provide more holistic care and help patients resume normal activities as quickly as possible. SOS currently has 10 highly experienced specialists in its ranks who have been serving the orthopaedic needs of the local and international community since 1995. These doctors will remain as shareholders in the enlarged company. View Articles
22.06.30
Hyundai Scion’s Buyout Firm Invests $140.5 Million In Four
Sylvan Group—the private equity firm cofounded by Chung Kyungsun, a grandson of Hyundai Group founder Chung Ju-Yung—is investing $140.5 million to take majority.
22.07.01
Sylvan Group puts US$140.5m in 4 local healthcare and pharmaceutical
The Sylvan Group has invested US$140.5 million in 4 Singapore healthcare and pharmaceutical companies in the first 4 deals for its maiden fund, Sylvan Growth Asia Growth Fund I.