European private equity firm Exponent will invest in Kingsbridge Healthcare Group, a private healthcare provider in Northern Ireland and the Republic of Ireland.
The investment marks Exponent’s eighth in Ireland and first in Northern Ireland.
Upon completion of the transaction, Dr Suresh Tharma and Ashok Songra, KHG’s co-founders, will continue to hold a significant stake in the company. Exponent is backing KHG’s current management team, led by chief executive Mark Regan, while Tharma will become chair of the company’s board.
Founded in 2004, KHG offers medical treatments and services in surgery and diagnostics from its four hospitals and eleven medical centres across Belfast and Ballykelly in Northern Ireland and Sligo in the Republic of Ireland.
