AGISTA has recently helped the medical recovery clinic network, Centrokinetic, to acquire two KineticPlus clinics in Brasov and open a new clinic in the Dristor area of the capital. With these new additions, the Centrokinetic network now has a total of 7 units. This announcement follows the launch of the first Centrokinetic clinic outside Bucharest, in Cluj-Napoca, in early December last year.
"A year ago, when I had the first discussion with AGISTA, I couldn't imagine that we would be able to develop at such a rapid and steady pace. As the founder of this business, I feel much more confident now to make bold moves that propel the company forward. AGISTA has proven to be more than a financial instrument promising capital for my business; it is a partner with whom I can consult whenever I feel the need for guidance. With this support, I can now focus more on the medical aspect and improving the quality of our services. Therefore, I can say that I probably made a very good decision when I accepted this partnership," said Bogdan Andrei, founder and Medical Director of Centrokinetic.
"This is a significant milestone for us and we are thrilled to see traction in the Centrokinetic project. Following the opening of the clinic in Cluj-Napoca, we are now launching the fourth clinic in Bucharest and acquiring the KineticPlus clinics in a short timeframe. We are pleased to have played a role in facilitating this M&A transaction and providing support throughout the entire acquisition process, from analyzing the local recovery market in Bra?ov to structuring the deal, negotiations, documentation and even strengthening the local team," stated Dragos Darabu?, Senior Investment Manager at AGISTA.
"KineticPlus clinics have been providing premium medical recovery services to their clients for a long time. Through our partnership with Centrokinetic, we aim to elevate our development to the next level and provide even better services to our clients. We trust the Centrokinetic and AGISTA teams and we believe that the teams we have formed and nurtured in Brasov will continue to excel," stated Andrei Gheorghiu, the founder of KineticPlus clinics.
Europe Real Estate — an overview of real estate developments in European countries.
Image provided by 99 World Wide.