Regina Maria (formerly Centrul Medical Unirea “CMU”) is the largest private healthcare network in Romania.
Regina Maria (formerly Centrul Medical Unirea “CMU”) is the largest private healthcare network in Romania. Advent acquired CMU in 2010, with the vision to develop a premium medical services player through acquisitions and organic growth, into the Romanian market-leader for high quality out-patient and in-patient medical services.
At the time of acquisition CMU had a network of 20 clinics (12 in Bucharest and 8 in 4 other large Romanian cities), offering ambulatory and in-patient medical services to over 90,000 subscribers and walk-in patients. One of the company’s key strengths was its strong management. The team, led by CMU’s founder, Dr. Wargha Enayati, had built a reputable company, pioneered new services and launched additional lines such as maternity and image diagnosis.
“We have admired Advent International’s professional approach for some time and are excited by the prospect of working alongside them. Advent’s healthcare sector expertise coupled with its capability to rapidly deploy resources locally will be extremely valuable as we continue to integrate new acquisitions, open ambulatory and hospital units and launch new medical services. We are confident that CMU will receive strong support from Advent as we continue to expand.” said Wargha Enayati, CMU’s Executive Founder.
CMU underwent tremendous change in 2010 almost doubling the activity and the infrastructure. It added three new clinics, and began work on three more, as well as two maternity hospitals. The business also acquired Euroclinic, the fourth largest private medical services provider in Romania.
Executed less than one year after completing the CMU transaction, the acquisition of Euroclinic was a strategic complementary fit, adding a specialised hospital and a laboratory to CMU’s out-patient clinics and subscribers business.
These changes have created a group that is the largest private healthcare network in Romania and called for a new name that would position the group as the leading provider of medical services. The group was rebranded “Regina Maria”, building on the existing CMU brand by adding further unity and medical excellence.
Advent will continue to support the company’s accelerated organic growth and its pursuit of other acquisition opportunities to complement Regina Maria’s range of services and presence across Romania.