Ashurst helps Altair buy stake in Singapore healthcare provider

Altair buys healthcare provider stake

Altair Capital, a Southeast Asian-focused private equity fund, has completed a significant minority investment into Singapore-based specialist healthcare services company Beyond Medical Group assisted by Ashurst.

The transaction was led by Choo Yi Ming, director of the corporate practice at Ashurst ADTLaw, which is in a formal law alliance with Ashurst in Singapore, with the support of associate director George Kho, associate Cheryl Chui and trainee solicitor Chan Jia Fen.

Altair Capital focuses on buyouts or significant minority investments in companies across Southeast Asia. The firm is the Asean affiliate of Polaris Capital Group, a leading buyout group in Japan with more than USD4 billion in assets under management.

Established in 2013, Beyond Medical Group has a portfolio of 12 doctors and 16 centres in Singapore, covering a growing list of specialities such as cardiology, colorectal surgery, medical aesthetics, gastroenterology, neurosurgery, orthopaedics, plastic surgery, thoracic surgery and urology.