DCP, a leading international private equity firm, announced on Monday that it has completed the strategic acquisition of American-Sino Healthcare, a Shanghai-based private premium healthcare services provider specializing in obstetrics care.
DCP plans to work closely with American-Sino’s management team to accelerate organic growth, finance synergistic acquisitions, and expand the company’s leading market position in Shanghai, according to its announcement.
As the largest and wealthiest metropolis in China with close to 25 million residents, Shanghai will continue to see significant unmet demand for high-quality healthcare services from its rising population of middle-class residents.
In the post-COVID-19 era, demand for reliable and high-quality healthcare services has accelerated and will drive rapid and sustainable long-term growth.
After weathering the challenges associated with the virus, American-Sino, as the leader in Shanghai healthcare services industry, is exceptionally well-positioned to capture the market’s growth opportunities by providing best-in-class care and service to customers. “American-Sino marks another major investment in the healthcare sector by DCP.
We plan to work closely with management to accelerate American-Sino’s transformation into a one-stop provider of healthcare services to women and families in Shanghai.
Through focused growth initiatives as well as selective external partnerships and acquisitions, we look forward to bringing even better services to American-Sino’s loyal customers.” said Jason Ju, managing director of DCP.
This report’s information was first seen on ChinaDaily; to read more, click this link.
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