AvantGarde Capital is pleased to announce the successful Private Equity Placement in PT Bundamedik (BMHS Group) through a complex dual-structure capital transaction amounting to IDR 600 Billion.
AvantGarde Capital acted as the financial adviser to both BMHS and the Shareholder in the overall strategic review, structuring and execution of the transaction. The timing of the deal could not be more crucial when the COVID-19 pandemic hit the world, including Indonesia. The proceed of the deal was used to fund the development of COVID-19 Centers, increase the number of hospital and strengthen its IVF Center across Indonesia.
We ran a two-phase competitive process to ensure the best terms and strategic fit. With high volatility and uncertainties in the market and economic outlook due to the pandemic and bi-weekly rolling lockdown added to the complexity of the execution of the deam.
