Intermédica makes acquisition in Minas Gerais

Intermédica makes acquisition in Minas Gerais

M&A Equity Regulation Brazil

Brazil's Notre Dame Intermédica has agreed to buy private healthcare company Climepe Total for BRL168 million ($31.8 million) to be paid upon closing the transaction, according to a securities filing from Tuesday. Based in Poços de Caldas in the state of Minas Gerais, Climepe operates a hospital that opened in 2016, a day clinic and an imaging diagnostic center. It manages 33,000 healthcare plans and 6,000 dental plans, Intermédica said in the filing. Climepe recorded BRL74 million in net revenu

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