Growtheum Capital, a private equity firm headquartered in Singapore, has invested in Mitra Plumbon Healthcare Group (MPHG), a leading multi-specialties hospital group in West Java, Indonesia. The investment is part of MPHG’s Series B funding round, which is expected to close in the coming months.
MPHG was founded in 2009 by Dr. Festus Andrianto Susilo, and it currently operates four hospitals with a capacity of 1,200 beds. The company’s hospitals are located in Cirebon, Indramayu, Majalengka, and Cibitung.
MPHG’s hospitals offer a wide range of medical services, including general medicine, surgery, obstetrics and gynecology, pediatrics, and emergency care. The company also has a strong focus on preventive healthcare, and it offers a variety of wellness programs and services.
Growtheum Capital’s investment in MPHG will be used to expand the company’s hospital network, develop new medical services, and improve the quality of care. The investment is also expected to help MPHG to reach a wider range of patients in Indonesia.
“We are excited to partner with Growtheum Capital,” said Dr. Festus Andrianto Susilo, CEO of MPHG. “Their investment will help us to accelerate our growth and improve the quality of care that we offer to our patients.”
“We are impressed by MPHG’s strong track record of growth and its commitment to providing high-quality healthcare,” said Amit Kunal, Managing Partner of Growtheum Capital. “We believe that MPHG has the potential to become a leading healthcare provider in Indonesia, and we are excited to support the company on its growth journey.”
The investment in MPHG is a sign of confidence in the Indonesian healthcare sector. Indonesia is a large and growing market, and there is a growing demand for quality healthcare. MPHG is well-positioned to capitalize on this demand, and the investment from Growtheum Capital will help the company to achieve its growth goals.
Photo by National Cancer Institute on Unsplash
