The Challenge

Jadwa Investments had engaged and signed a Letter of Intent with a prospective target healthcare organization that was focused on accelerating provider financing across the GCC.

The target investment was structured in a Mezzanine format with tranches leading to $10M’s of dollars of support.

Emica was commissioned to evaluate the target business & operating model and conduct primary and secondary research to assess the market potential and provide a recommendation on go/no-go for the investment

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Our Approach

• Engaged with the target investment & deep-dived on the business & operating model
• Conducted primary research with clients of the prospect of the target investment as well as with regulators and competitive solutions
• Developed a detailed TAM/SAM/SOM evaluation for key GCC markets
• Undertook a due diligence assessment of the operating model and identified risks and potential mitigations

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Outcomes

• Jadwa PE team upskilled and enabled to understand the healthcare eco-system relevant to this investment
• Detailed due diligence report, including multiyear TAM/SAM/SOM
• Comprehensive Risk Assessment
• The ultimate recommendation not to invest that was mutually and sensitively agreed with the target investment