US private equity company Warburg Pincus has confirmed its investment in Xuyen A, a Vietnam-based private tertiary general hospital group.
An agreement related to this investment was signed between Warburg Pincus and Xuyen A during an event that also celebrated Xuyen A’s decade-long operations in Ho Chi Minh City.
Go deeper with GlobalData
The companies have not disclosed the financial details and other terms of this investment.
The hospital group, with tertiary healthcare services across more than 20 specialities, has a portfolio of four multi-speciality tertiary, large-format hospitals located across the Southern Vietnam regions, with the flagship hospitals in Ho Chi Minh City’s Cu Chi District.
Xuyen A operates under the leadership of CEO and founder Dr Nguyen Van Chau and has grown significantly since its inception in 2014.
See Also:
The latest move reinforces Warburg Pincus’ broader commitment to invest in Vietnam’s healthcare market while allowing Xuyen A to expand its existing capabilities.
How well do you really know your competitors?
Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.
Thank you!
Your download email will arrive shortly
Not ready to buy yet? Download a free sample
We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form
By GlobalDataChau said: “We are very pleased to partner with Warburg Pincus to accelerate Xuyen A’s growth and jointly build a next-generation leader in Vietnam’s hospital industry. Together with Warburg Pincus, Xuyen A will continue to explore opportunities to enhance our care offering, scale up through further greenfield or brownfield development, and strengthen our medical team.”
In addition to the investment announcement, Xuyen A also confirmed the launch of its new oncology centre of excellence at its flagship hospital in Ho Chi Minh.
The launch of this centre will expand Xuyen A’s oncology services, such as surgical oncology, chemotherapy and radiotherapy, further reinforcing its position as a leading private healthcare provider in Ho Chi Minh City.
Warburg Pincus managing director and Southeast Asia Private Equity head Saurabh Agarwal said: “By leveraging our global experience in the healthcare space, we are confident we can help Xuyen A grow into a pre-eminent private hospital group in Vietnam while continuing to provide quality healthcare at affordable prices to the people of Vietnam.”
