Arcapita, Mumtalakat exit healthcare investment

Arcapita, Mumtalakat exit healthcare investment

Mubasher: Arcapita Group Holdings and Bahrain Mumtalakat Holding Company, the sovereign wealth fund of Bahrain, have sold their stake in NAS Neuron Health Services to a US-based Fortune 500 company.

The successful investment has exceeded target returns over a three-year holding period, according to a press release on Monday.

In 2017, Arcapita and Mumtalakat acquired an equity stake in NAS United Healthcare Services and over the past three years, the consortium supported the company's execution of a series of organic and inorganic growth initiatives.

Today NAS Neuron is one of the largest private TPAs of medical claims in the GCC, serving over 1.3 million lives across the GCC region.

“Healthcare and