EFG Hermes, the investment banking arm of EFG Holding and a leading advisor in the MENA region, has acted as the sole M&A financial advisor on a major transaction in Egypt’s healthcare sector, securing a USD 190 million minority stake investment in Alameda Healthcare by pan-African private equity firm Development Partners International (DPI).
This landmark deal marks one of the most significant foreign direct investments into Egypt’s healthcare sector in recent years and reflects growing confidence in the resilience and potential of the country’s private healthcare landscape.
Boosting Healthcare Capacity with Foreign Capital
Founded in 1999, Alameda Healthcare operates one of Egypt’s most recognized private healthcare platforms. The group is known for its expanding network of world-class hospitals and its mission to deliver personalized, quality medical care.
With this fresh capital injection, structured primarily as a capital increase, Alameda is set to scale up its operations, expand clinical capacity, and pursue regional growth opportunities across Egypt and the Gulf Cooperation Council (GCC) countries, including Saudi Arabia and the UAE.
The investment is currently pending regulatory approvals and is expected to close by Q3 2025.
Notably, Dr. Fahad Khater, Alameda’s Founder and Chairman, will remain the majority shareholder, ensuring strategic continuity for the group as it enters a new phase of growth.
Strategic Capital with Strategic Impact – EFG Hermes
According to Maged El Ayouti, Co-Head of Investment Banking at EFG Hermes, the transaction underscores both investor appetite for high-growth sectors in Egypt and the firm’s pivotal role in connecting regional players with global capital.
“We are honored to have led this landmark transaction, attracting $190 million for a significant minority stake in one of the region’s fastest-growing healthcare platforms,” El Ayouti of EFG Hermes stated.
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Beyond capital, the deal is expected to bring foreign currency proceeds directly into Egypt’s local banking system, an added benefit amid ongoing national efforts to strengthen foreign currency reserves and attract long-term, value-added investments.
DPI’s Bet on Healthcare
For DPI, a prominent UK-based investment firm focused on Africa, this move aligns with its broader strategy of backing scalable, impact-driven businesses across critical sectors such as healthcare, education, and infrastructure.
DPI’s decision to invest in Alameda is a strong endorsement of the Egyptian firm’s operational maturity, clinical expertise, and future growth trajectory.
The investment will support Alameda’s plans to deepen its presence in Egypt while also expanding into select GCC markets.
With the region facing increasing demand for high-quality healthcare services, Alameda is well-positioned to meet the needs of a growing population and rising expectations around medical care delivery.
Sign of Investor Confidence in Egypt
This deal is also being viewed as a bellwether for international investor confidence in Egypt’s private sector, especially in key strategic sectors like healthcare.
As the country continues to navigate economic reforms and push for greater private sector participation, the Alameda-DPI transaction stands out as a strong example of how global partnerships can unlock growth and resilience in domestic industries.
EFG Hermes’ role as the sole financial advisor reaffirms its leadership in cross-border dealmaking and EFG Hermes capacity to facilitate complex, high-value transactions that bridge capital with opportunity in the MENA region.
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