Stephenson Harwood with Kimshealth on True North buyout

Stephenson Harwood advised Kims Holding Company (Kimshealth), a multi specialty hospital networks operating across the Middle East, on the buyout of private equity investor True North Co. The firm also advised on the structuring of a Shari’ah-compliant financing to fund the transaction.

Stephenson Harwood’s corporate team advised on the vendor due diligence exercise and on the buyback agreement with True North. Moreover, the firm’s banking and finance team advised Kimshealth on the Shari’ah-compliant Murabaha facility to fund the management buyout, backed by Janus Henderson Investors through its MENA Private Credit Fund IV.

The Stephenson Harwood team

Partner Diwakar Agarwal (piictured left) led the Stephenson Harwood’s corporate team, working alongside partner Toufic Safie and associates Suditi Surana and Renee Freeman. Partner Rustum Shah (pictured right) led the banking & finance team, with support from managing associate Murtaza Hussain and associate Punte-â Hosseini.