Development Partners International (DPI), a premier pan-African investment firm, together with a consortium of its co-investors, has entered into a definitive agreement to invest $190 million in Alameda Healthcare Group, one of Egypt’s foremost private healthcare providers. The investment will be structured as a minority equity stake and will primarily take the form of a capital injection aimed at accelerating the company’s growth trajectory.
The transaction is currently pending customary regulatory approvals and other closing conditions, with completion anticipated in the third quarter of 2025. This strategic investment is designed to support Alameda Healthcare’s ambitious expansion plans, both within Egypt and across the Gulf Cooperation Council (GCC) region. The capital infusion will enable the group to scale its operations, enhance its service delivery capabilities, and extend its reach to underserved communities, thereby reinforcing its position as a regional healthcare leader.
Dr. Fahad Khater, Chairman of Alameda Healthcare, will retain his role as majority shareholder and continue to lead the organization. DPI and its investment partners will work closely with Dr. Khater and the existing leadership team to support the execution of Alameda’s long-term strategic vision.
Established in 1999, Alameda Healthcare is widely recognized as Egypt’s largest private hospital operator, with a network that includes over 1,000 hospital beds. The group owns and operates several flagship healthcare institutions, including As-Salam International Hospital and Dar Al Fouad Hospital, as well as a network of seven polyclinics. Its broader portfolio encompasses specialized centers such as the Elixir Gastro and Liver Care Center, the German Rehabilitation Center, and Tabibi 24/7, a provider of home-based medical services. Alameda also offers diagnostic and laboratory services and operates its own chain of pharmacies.
Ziad Abaza, Partner at DPI, emphasized the significance of the transaction, stating:
This investment marks a pivotal moment for both Alameda and the broader Egyptian healthcare sector. We are proud to support Dr. Khater’s vision of delivering world-class healthcare services across Egypt and the GCC. DPI is committed to working hand-in-hand with Alameda’s leadership to realize this vision and to help the group scale new heights.
The transaction was advised by a consortium of leading financial and legal advisors. EFG Hermes acted as the exclusive financial advisor to Alameda. Legal counsel was provided by Addleshaw Goddard LLP on international matters, while ALC Alieldean Weshahi & Partners and Matouk Bassiouny & Hennawy advised on Egyptian legal aspects. DPI was represented by White & Case LLP and received additional advisory support from PwC, Debevoise & Plimpton LLP, and Rothschild & Co.
