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Doughty Hanson Picks Up Spanish Hospital Group For $472M

Law360, New York (February 9, 2012, 1:55 PM EST) -- European private equity firm Doughty Hanson & Co. agreed Thursday to purchase one of Spain's largest private hospital groups in a €355 million ($472 million) equity deal.

London-based Doughty Hanson will acquire operating company USP Hospitales from Barclays Capital and The Royal Bank of Scotland Group PLC, prompting a ninefold increase in the private equity firm's earnings outlook for 2012, according to a statement Doughty Hanson issued Thursday.

USP Hospitales claimed a 5.5 percent share of Spain's private hospital market in 2010, which qualified it as...
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