Alkhabeer Capital Acquires a Majority Stake in Eed Group (MENA)

Source: Alkhabeer Capital

Asset management and investment firm Alkhabeer Capital has acquired a majority stake in Saudi Arabia-based integrated healthcare provider Eed Group. The transaction was structured through Alkhabeer Healthcare Private Equity Fund I. The Eed Group recently expanded to add a pharmacy business, medical equipment supply and third-party management and operations. Financial details of the transaction were not disclosed.