GK Investment

Last updated
GK Investment Holding Group SA
Type Private
Industry Alternative Investment
Founded2015;8 years ago (2015)
Founders Kamel Ghribi
Headquarters Lugano, Switzerland
Area served
 Africa, Europe, and Middle East
Key people
Stefano Dedola
Francesco Sorrentino
Gavino Arrica
Website www.gkinvest.com/en

GK Investment Holding Group SA is a Lugano-based private equity and investment firm [1] whose primary focus is in the healthcare Real Estate, Private Equity and Consultancy sector. The principal areas of investment interest are in Africa, Europe, and the Middle East.

Contents

History

The firm was founded in 2015 by Tunisian businessman Kamel Ghribi. [2] It initially started as a trade facilitating company dealing with the export of commodities such as crude oil, condensate, cotton, phosphates, and coffee from the Middle East and Africa regions for private and public sector clients. The company undertook strategic consultancy mandates to establish industrial projects in high growth markets.

Investments

Gruppo Ospedaliero San Donato (GSD Healthcare) - private hospital group in Italy with 44 hospitals and clinics. [3] GK Investment Holding Chairman Kamel Ghribi is Vice President of GSD Healthcare in Italy and Chairman of GSD Middle East. [4] GSD is currently the largest private healthcare group in Italy with estimated revenues of over €1.7 billion.

NMC Health Bidding

In February 2020, the company confirmed that it will submit a potential bid to acquire UAE-based, $2 billion debt-ridden healthcare company NMC Health. [5] [6] [7] [8] The founder of the NMC Health, B. R. Shetty stepped down from the board due to inaccurate reporting of his holdings. [9]

However, within a month, by March 2020, the company reiterated its stand on investing in NMC Health. It issued a statement that included an offer of only operational support to NMC Health assisting the latter in its continued delivery of healthcare services in Europe, Middle East and Asia. [10] [11]

Philanthropy

Related Research Articles

<span class="mw-page-title-main">Kohlberg Kravis Roberts</span> American investment manager

KKR & Co. Inc., also known as Kohlberg Kravis Roberts & Co., is an American global investment company that manages multiple alternative asset classes, including private equity, energy, infrastructure, real estate, credit, and, through its strategic partners, hedge funds. As of December 31, 2022, the firm had completed more than 690 private equity investments in portfolio companies with approximately $700 billion of total enterprise value. As of December 31, 2022, assets under management (AUM) and fee paying assets under management (FPAUM) were $504 billion and $412 billion, respectively.

<span class="mw-page-title-main">Axa</span> French multinational insurance firm

Axa S.A. is a French multinational insurance company headquartered in the 8th arrondissement of Paris. It also provides investment management and other financial services.

<span class="mw-page-title-main">Alliance Boots</span> Pharmaceutical company

Alliance Boots was a multinational pharmacy-led health and beauty group with corporate headquarters in Bern, Switzerland and operational headquarters in Nottingham and Weybridge, United Kingdom.

<span class="mw-page-title-main">Devi Shetty</span> Indian cardiac surgeon and entrepreneur

Devi Prasad Shetty is an Indian entrepreneur and cardiac surgeon who is the chairman and founder of Narayana Health, a chain of 21 medical centers in India. He has performed more than 100,000 heart operations. In 2004 he was awarded the Padma Shri, the fourth highest civilian award, followed by the Padma Bhushan in 2012, the third highest civilian award by the Government of India for his contribution to the field of affordable healthcare.

NMC Health is a healthcare chain and distribution business in the United Arab Emirates (UAE). The company is headquartered in Abu Dhabi and has branch offices in Dubai, Ajman, Al Ain and Northern Emirates. The company operates and manages over 200 facilities in 19 countries.

Dallah Al-Baraka Holding Company (DBHC), is a private multinational corporation based in Jeddah, Saudi Arabia. The company has holdings throughout the Middle East, North Africa, the Far East and Europe. The company is best classed as a conglomerate with investments including the financial, banking, healthcare, real estate, manufacturing, transportation, and operations and maintenance sectors.

PharMerica is a Fortune 1000 company formed in January 2007 from the merger of Kindred Healthcare's pharmacy business with a subsidiary of AmerisourceBergen.

<span class="mw-page-title-main">Ford M. Fraker</span>

Ford M. Fraker was a and American diplomat who served as U.S. Ambassador to Saudi Arabia.He was president of the Middle East Policy Council and chairman, Merrill Lynch Kingdom of Saudi Arabia.

AlpInvest Partners is a global private equity asset manager with over $85 billion of committed capital since inception as of December 31, 2022. The firm invests on behalf of more than 450 institutional investors from North America, Asia, Europe, South America and Africa.

<span class="mw-page-title-main">BC Partners</span> Private equity firm

BC Partners is a British international investment firm with over $40 billion of assets under management across private equity, credit and real estate in Europe and North America. Its global headquarters are in London. The firm invests across all industries. BC Partners was founded in 1986 and has offices in New York, Paris and Hamburg. Since inception, BC Partners has completed 113 private equity investments in companies with a total enterprise value of €145 billion.

<span class="mw-page-title-main">Thoma Bravo</span> American private equity firm

Thoma Bravo, LP, is an American private equity and growth capital firm based in Chicago. It is known for being particularly active in acquiring enterprise software companies and has over $130 billion in assets under management as of 2023. It is the successor to the firm Golder Thoma & Co., which was established in 1980 by Stanley Golder and Carl Thoma. Thoma Bravo is led by managing partners Seth Boro, Orlando Bravo, Scott Crabill, Lee Mitchell, Holden Spaht and Carl Thoma. It has additional offices in San Francisco, New York City, London and Miami.

<span class="mw-page-title-main">Private equity in the 1980s</span> Aspect of history

Private equity in the 1980s relates to one of the major periods in the history of private equity and venture capital. Within the broader private equity industry, two distinct sub-industries, leveraged buyouts and venture capital experienced growth along parallel although interrelated tracks.

<span class="mw-page-title-main">B. R. Shetty</span> Indian businessman

Bavaguthu Raghuram Shetty, commonly known as B.R. Shetty, is an Indian-born Emirati businessman and former-billionaire, the founder and acquirer of a number of companies based in the United Arab Emirates, including Abu Dhabi-based NMC Health, Neopharma, BRS Ventures, and Finablr.

<span class="mw-page-title-main">Exor (company)</span> Investment company incorporated in Netherlands

Exor N.V. is a Dutch holding company incorporated in the Netherlands and controlled by the Agnelli family through privately held company Giovanni Agnelli B.V. In 2021, it recorded revenues of more than $136 billion, with a net asset value of around $31 billion, becoming the 37th largest group in the world by revenue according to the 2021 Fortune Global 500 list. It has a history of investments running over a century, which currently include auto and truck manufacturers Stellantis, Ferrari, and Iveco, agricultural and construction firm CNH Industrial, the association football club Juventus, the international newspaper The Economist, and the Italian media company GEDI Gruppo Editoriale. In May 2023, Exor launched its investment management company Lingotto.

<span class="mw-page-title-main">Banca Sella Group</span> Italian private credit institution

Banca Sella Holding S.p.A. is an Italian holding company for the Banca Sella Group. The main company of the group was Banca Sella S.p.A., an Italian bank based in Biella, Piedmont.

<span class="mw-page-title-main">Max Healthcare</span> Indian multi-specialty hospital chain

Max Healthcare Institute Limited is an Indian for-profit private hospital chain headquartered in Delhi, India. Max Healthcare owns and operates healthcare facilities across Delhi National Capital Region, as well as one hospital each in Mohali, Bathinda, Dehradun, and Mumbai. Max Lab is the pathology division of the organization. Max@Home is the home medical services division.

<span class="mw-page-title-main">Dubai Healthcare City</span> Healthcare free economic zone in Dubai

Dubai Healthcare City (DHCC) is a healthcare free economic zone situated in the Emirate of Dubai, United Arab Emirates. DHCC was launched in 2002 by Mohammed bin Rashid Al Maktoum, vice-president and Prime Minister of the UAE and Ruler of Dubai. DHCC was mandated by the government to meet the demand for high-quality, patient-centered healthcare, and the main aim is to attract tourists to Dubai for medical services and treatments.

<span class="mw-page-title-main">Amina Al Rustamani</span> Emirati businesswoman

Amina Al Rustamani is an Emirati businesswoman who's currently the director of family business AW Rostamani Group. She ranked number 9 in the CEO Middle East's fifth annual list of the world's most powerful Arab women in 2015. She was picked as the Advertising Person of the Year by Dubai Lynx for 2015.

Aspen Healthcare is a private medical company, established in 1988, based in the City of London. It is not connected with Aspen Pharmacare, the South African pharmaceutical company.

Burjeel Holdings is a private healthcare services provider in the MENA region. The company was founded in 2007 by Dr. Shamsheer Vayalil. It comprises 62 assets, including hospitals, polyclinics, and specialty centers in the UAE, Oman and KSA.

References

  1. ↑ "Billionaire B R Shetty resigns from Abu Dhabi's ailing NMC Health". Deccan Herald. 2020-02-18. Retrieved 2020-06-22.
  2. ↑ "Tunisian tycoon calls for EU debt relief, harsher reforms from government | AW staff". AW. Retrieved 2020-06-22.
  3. ↑ "Nahyan bin Mubarak receives delegation from GK Investment Holding". wam. Retrieved 2020-06-22.
  4. ↑ "KKR rules out bid for hospital operator NMC Health". www.ft.com. Financial Times . Retrieved 2020-06-22.
  5. ↑ "NMC Health reveals KKR, GK approaches as founder Shetty steps back". Al Arabiya English. 2020-02-10. Retrieved 2020-06-22.
  6. ↑ "NMC Health confirms preliminary takeover approaches from KKR, GK Investment". www.spglobal.com. Retrieved 2020-06-22.
  7. ↑ "KKR and GK Investment prepare bids for under-fire NMC Health". The National. Retrieved 2020-06-22.
  8. ↑ Contributor Pushkala Aripaka. "Firm backed by Italy's Gruppo San Donato could make offer for NMC". www.nasdaq.com. Reuters. Retrieved 2020-06-22.{{cite web}}: |author= has generic name (help)
  9. ↑ Marchese, Adriano. "NMC Health confirms bid approaches from KKR & Co. and GK Investment Holding". MarketWatch. Retrieved 2020-06-22.
  10. ↑ "GKSD Investment walks away from offer for NMC Health". Reuters. 2020-03-09. Retrieved 2020-06-22.
  11. ↑ Ralph, Alex. "Second bidder walks away from NMC Health". The Times . ISSN   0140-0460 . Retrieved 2020-06-22.
  12. 1 2 "The Key To Universal Health Coverage In Africa: Partnership Solutions > CEOWORLD magazine". CEOWORLD magazine. 2019-09-26. Retrieved 2020-06-22.
  13. ↑ "Agenda ⇽ Linking Health and Economic Growth in Africa | A Business Lunch and Roundtable | Corporate Council on Africa". EventBank. Retrieved 2020-06-22.
  14. ↑ "Winners of Global Health Pioneer Awards announced". wam. Retrieved 2020-06-22.
  15. ↑ "Middle East Mediterranean (MEM) - Forum Programme" (PDF). Palazzo dei Congressi, Lugano, Switzerland. 25–26 August 2018.
  16. ↑ "Weekly news from Italy and the Arab world - October 05, 2018". jiac.it. Retrieved 2020-06-22.


This page is based on this Wikipedia article
Text is available under the CC BY-SA 4.0 license; additional terms may apply.
Images, videos and audio are available under their respective licenses.