Hammond Hanlon Camp LLC Advises Rizk Ventures on Sale-Leaseback Transaction of San Rafael Hospital in Bogota, Colombia
posted on June 22, 2016
NEW YORK — Hammond Hanlon Camp LLC (“H2C”), a healthcare-focused investment banking firm, served as the exclusive financial advisor to Rizk Ventures Colombia (“Rizk”), a New York-based private investment firm, on the acquisition, and subsequent sale-leaseback, of the Hospital Universitario Clinica San Rafael (“San Rafael”) from National Clinics Colombia. Founded in 1929, San Rafael is a 387-bed hospital located in Bogota that provides specialized health services, academic training and research. The sale-leaseback transaction provides strategic growth capital to San Rafael as part of the hospital’s plan to expand its bed count by approximately 350 beds and expand its service lines within Bogota and the surrounding region.
“Rizk Ventures Colombia is very pleased to continue working with H2C on this exciting international investment” said Geoff Rizk, Managing Partner of Rizk Ventures. “Colombia boasts a strong and growing economy couples with an attractive business environment,” commented Klaus Lederer, Rizk Ventures’ managing partner.
The acquisition represents the second transaction by a joint venture between Rizk Ventures and Goldman Sachs. The transaction is part of an expanding programmatic investment strategy to provide growth capital to hospitals in Colombia through sale-leaseback and development transactions.
“H2C is pleased to build upon the long-standing relationship between our firms by advising Rizk Ventures Colombia on the capitalization of its hospital sale leaseback strategy” said Michael Hammond, Principal at H2C. Email Michael
H2C was engaged by Rizk Ventures Colombia to identify a capital partner and structure a joint venture for the acquisition and development of a portfolio of acute-care hospital facilities located throughout Colombia, South America. H2C conducted an extensive marketing effort, which resulted in the selection of Goldman Sachs as the partner for the transaction. Earlier this year, the joint venture announced the acquisition of the Instituto del Corazon Floridablanca hospital (“ICF”) located in Bucaramanga, Colombia, from Fundación Cardiovascular de Colombia (“FCV”).
“We are very excited to be part of the continued growth of Rizk Ventures Colombia through the San Rafael acquisition” said John Nero, Vice President at H2C. “The transaction further demonstrates the growth opportunity that exists within the Colombian hospital market.” Email John
ABOUT RIZK VENTURES AND RIZK VENTURES COLOMBIA
Rizk Ventures is a privately-held investment firm based in New York, founded by Thomas A. Rizk and Linda Rizk. Rizk Ventures focuses on investment activities in the areas of Real Estate, Healthcare, and Special Opportunities. Rizk Ventures adds value post-investment by strengthening consumer relationships, advising management teams, broadening technology platforms, and providing operational expertise.
Rizk Ventures Colombia is a wholly owned affiliate of Rizk Ventures, LLC led by Rizk Ventures Managing Partners, Geoff Rizk and Klaus Lederer. This team has substantial experience and relationships in connection with investment opportunities in the Colombian healthcare market.
ABOUT HAMMOND HANLON CAMP LLC
Hammond Hanlon Camp LLC (“H2C”) is an independent strategic advisory and investment banking firm committed to providing superior advice as a trusted advisor to healthcare organizations throughout the United States. H2C’s professionals have a long track record of success in healthcare mergers and acquisitions, capital markets, real estate and restructuring transactions, acting as lead advisors on hundreds of transactions representing billions of dollars in value. Hammond Hanlon Camp LLC offers securities through its wholly-owned subsidiary H2C Securities Inc., member FINRA/SIPC. For more information, visit h2c.com.
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"Rizk Ventures Colombia is very pleased to continue working with H2C on this exciting international investment."
- Geoff Rizk
Managing Partner of