Romanian private medical services provider Regina Maria, the second-largest player in the country by revenues, took over a 51% stake in the stomatology clinics chain Dr Leahu. Ziarul Financiar estimates the value of the deal at between EUR 10 million to EUR 16 million.

The remaining 49% stake remains under the control of doctor Ionut Leahu, the chain’s founder.

Morphosis Capital, the investment fund, thus operates a full exit three years after it acquired a 25% stake.

Dr. Leahu includes 19 clinics across the country, in 13 cities, which makes it the most developed chain on the market. In 2022, the cumulated revenues of the chain amounted to RON 132.4 mln (over EUR 26 mln), 31% more compared to 2021. For 2023, it targets higher 10% revenues.

iulian@romania-insider.com

(Photo source: Dr. Leahu dental clinics)