News

LGT Private Debt arranges a unitranche facility to support the primary buyout of HT Médica by Fremman Capital

23 May 2024

LGT Private Debt has acted as lead arranger and underwriter of a unitranche facility to support the buyout of the Spanish radiology and diagnostic imaging company HT Médica by private equity firm Fremman Capital.

Founded in 1976 and headquartered in Madrid, HT Médica is one of Spain’s leading providers of diagnostic imaging services. The group has 23 diagnostic centers across Andalucía, Castilla La Mancha, Castilla y León, Asturias and Madrid, offering solutions including MRI, CT, ultrasound, RX and digital pathology. The company serves over 300 entities, including private insurance companies and public healthcare administrations.

Kevin Abrial, Partner at LGT Capital Partners, commented: “We are delighted to support HT Médica and Fremman Capital in their next phase of development. HT Médica relies on the most advanced techniques in radiology and leverages its multidisciplinary medical team to offer its patients a full, fast and personalized diagnosis. Fremman Capital has deep expertise in the healthcare industry and a track record of successfully transforming businesses from local to multinational leaders.”

Ricardo de Serdio, Founding Partner and CEO at Fremman Capital, said: “We have found LGT Private Debt to be a strong partner who recognizes the potential of HT Médica and has been of exceptional support in the buyout of the company. We share the same vision for HT Médica’s future development as a unique consolidation platform on the back of its superior service quality, best-in-class medical equipment and leadership from Dr. Luna. We are convinced that the diagnostic imaging industry will continue to grow in importance going forward.”

Private debt is one of LGT Capital Partners’ areas of expertise in the field of private markets. The team has an average of 13 years of industry experience and is based in Paris, London and Frankfurt. It has invested more than EUR 5.6 billion since 2005. As a specialist in the European private debt market, it arranged the first unitranche transaction in Europe in 2007.

HT Médica
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