#Amanat Holdings
The merger, which creates the largest post-acute care provider in the GCC, places Amanat Holdings in a strong position to benefit from the significant post-acute care bed gap across Saudi Arabia and UAE
Amanat also plans to consider further value creation options for Amanat Healthcare, including a potential initial public offering on a regional exchange in the near term
Based in Saudia Arabia, Human Development Company provides educational, medical and rehabilitation services
The acquisition is Amanat’s first ever venture capital investment
The value of the transaction remains undisclosed