December 14, 2023

HEALTHCARE ASIA MAGAZINE COVERAGE: FOUNDATION HEALTHCARE HOLDINGS RAISED MORE THAN US$400M IN DEBT AND EQUITY FOR ACQUISITIONS

December 14, 2023 by Foundation Healthcare Holdings
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The healthcare group's specialists grew to 70 by the fourth quarter of 2023.

Singapore healthcare group, Foundation Healthcare Holdings (FHH) raised more than US$400m in debt and equity to fund its acquisitions as it continues to grow its staff and medical centres.

"Since its establishment in March 2023 with investments from Seatown Holdings International Pte. Ltd., through Seatown Private Capital Master Fund, FHH has grown from just over 50 specialists to more than 70 specialists by the end of 2023, a phenomenal 40% growth in nine months," read the statement.

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