June 2009: Barclays and RBS reach an agreement with shareholders and the management team of USP to restructure the Company’s capital and assume majority ownership.
USP, acquired by Cinven in 2007 for approximately €675 millions, is a leading player in the Spanish private hospital sector with 13 facilities. The Company manages more than 1,200 beds, is present throughout the country and closed 2008 with almost €300 millions of revenues.
SOCIOS advises the management team on all negotiations with Cinven and the financing banks.
