LUX MED, a Mid Europa Partners portfolio company, acquires Promedis

Mid Europa Partners’ portfolio company LUX MED acquired Promedis Sp.z.o.o., from a wholly owned subsidiary of Impel S.A., one of the leading listed service sector conglomerate in Poland.

Promedis Sp. z.o.o. (www.promedis.pl)
Promedis is a mid-size player on the Polish healthcare market offering outpatient medical care services to corporate subscribers and individual patients.

The Company, which services over 70,000 corporate and individual patients, operates a network of 10 branded clinics located primarily in Western and South-western Poland, cooperating with over 500 affiliated private providers throughout Poland.

LUX MED (www.luxmed.pl)
LUX MED offers comprehensive outpatient medical care and diagnostic services to corporate and individual subscribers. The Company, which serves over 280,000 subscribers, operates a network of 15 branded clinics located in the largest Polish cities and cooperates with over 650 affiliated private providers throughout Poland.

Medycyna Rodzinna (www.medycynarodzinna.pl)
Medycyna Rodzinna, serving 350,000 patients through 17 clinics, operates the largest network of clinics in Poland, cooperating with over 650 network providers. Through AVI, Medycyna Rodzinna also has an important presence in the rapidly expanding diagnostic services business.

Mid Europa Partners (www.mideuropa.com)
Mid Europa Partners is a leading private equity firm in Central and Eastern Europe. Operating from London, Budapest and Warsaw. Mid Europa Partners advises and manages funds with committed capital in excess of € 2.2 billion.

In October 2007, Mid Europa acquired 100% of LUX MED, and Medycyna Rodzinna, respectively the second and the sixth largest private healthcare providers in Poland.

Mid Europa Partners seeks to take controlling stakes in its investments, either on its own or working alongside other financial or strategic partners. The Company invests € 25 million to € 200 million in companies with enterprise values ranging from € 100 million to € 1.5 billion that are cash-flow generative and have dominant market positions in sectors with high barriers to entry.

Mid Europa Partners is the investment manager to Emerging Europe Convergence Fund II L.P., whose fund manager and general partner is EMP Europe Management (CI), L.P.