April 2025 – Kinstellar is pleased to announce that it has advised Blue Sea Capital on the sale of MediGroup, Serbia's largest private healthcare provider, to Mehiläinen Group, Finland's largest private healthcare provider. The transaction forms part of a broader regional deal involving the Regina Maria Group, MidEuropa's healthcare services platform in Central and Eastern Europe.
Blue Sea Capital is an independent private equity firm with offices in Belgrade and Zagreb, focusing on small and medium-sized enterprises in the region.
MediGroup is the largest private healthcare provider in Serbia, offering a wide range of services, including inpatient and outpatient care, laboratory diagnostics, IVF, maternity, and ophthalmology.
Kinstellar's team was led by Partner Hugh Owen, supported by Bianka Kovács (Senior Associate).