Gulf Capital Exits Amana Healthcare

Source(s): Gulf Capital |

Middle East-focused alternative asset manager Gulf Capital has exited its investment in Amana Healthcare, a U.A.E.-based provider of long-term care, medical rehabilitation and specialized home health care services, through the sale of a majority stake in the business to a strategic health care buyer. Gulf originally invested US$25 million in Amana in 2014 through GC Credit Opportunities Fund I. Financial details of the transaction were not disclosed.