Exor, founder sell Italian private healthcare group Lifenet to insurer Reale Mutua

Core Viewpoint - Exor and the founder of Lifenet Healthcare have agreed to sell the Italian private healthcare group to insurer Reale Mutua, highlighting a trend of partnerships between insurers and private healthcare providers to manage costs and attract patients [1]. Company Summary - Lifenet Healthcare operates private hospitals, eye, and dental clinics across several regions in Italy, expecting revenues exceeding 450 million euros ($533 million) for the current year [1]. - The transaction values Lifenet Healthcare at approximately 600 million euros, with Reale Mutua acquiring 80% of the company while founder Nicola Bedin retains a 20% stake through his holding company Invin [1]. Industry Summary - The deal reflects a growing trend in the healthcare sector where insurers, private equity firms, and healthcare groups are increasingly collaborating, particularly focusing on outpatient clinics, day-surgery centers, and diagnostic services [1]. - JPMorgan acted as the lead financial adviser for the transaction, indicating the involvement of significant financial institutions in the healthcare deal-making landscape [1].