News Article

Global financial services group Macquarie is acquiring a 40% stake in leading Portuguese private hospital group Luz Saúde.

Candesic is pleased to have advised Macquarie Group on this investment. The Candesic team was led by Managing Partner Dr Leonid Shapiro and Engagement Manager Fabio Ruffinoni.

Dr Shapiro said: “This transaction reinforces the continued attractiveness of the Portuguese healthcare market, particularly in areas like diagnostics and outpatient care, which remain resilient despite broader M&A headwinds.”

“We see strong fundamentals in Portugal, an aging population, growing demand for high-quality care, and under-penetration by international players, which make it an increasingly compelling destination for healthcare investors.”