When Mid Europa Partners invested in the Polish healthcare services business Lux Med in 2007, the company had 14 clinics serving 220,000 patients and generated revenues of less than €40m. During Mid Europa’s six-year investment, it helped transform Lux Med into Poland’s largest healthcare provider by acquiring and integrating more that ten complementary healthcare businesses.
Not only did this increase the size of Lux Med, but it also expanded the company’s scope, taking its services into out-patient care, diagnostics, in-patient and long-term care services. It also grew geographically across the country to serve one million patients through 100 clinics, and established Lux Med as the benchmark for operational excellence in Poland. The group was sold to British private healthcare organisation Bupa in 2013.
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