Hippocrates welcomes Antin Infrastructure Partners as long-term strategic partner15 December 2020
Hippocrates announced today that it has signed an agreement to welcome Antin Infrastructure Partners as long-term strategic partner
Hippocrates is the leading Italian independent pharmacy platform with a network of over 120 pharmacies across northern and central Italy. Founded by co-CEOs Davide Tavaniello and Rodolfo Guarino in 2018, Hippocrates, with its innovative model, is uniquely positioned to take advantage of the substantial growth opportunities in the proximity healthcare sector. Both cofounders are reinvesting in the business and will retain their current role of co-CEOs. Additionally, a number of the current Italian shareholders are expected to remain invested in the business.
With the support of Antin Infrastructure Partners, Hippocrates enters a new stage of development. The growth plan will focus on the continued expansion of the network and the delivery of best in class service to patients, with the aim of becoming the leading proximity healthcare provider in Italy.
Davide Tavaniello and Rodolfo Guarino, who will remain key shareholders and co-CEOs of Hippocrates, stated: “We are thrilled to partner with Antin, a highly experienced, long-term investor with a proven track record of growing and developing its portfolio companies. With Antin’s support, Hippocrates will continue enhancing the quality of service we offer patients to fully meet their health needs, while promoting innovation in the sector. This partnership fully reflects the long-term objectives of the company.”
Dr. Angelika Schöchlin, Senior Partner of Antin Infrastructure Partners, commented: “We are delighted to partner with such successful Italian entrepreneurs as Davide and Rodolfo to support the next stage of Hippocrates’ development.” Closing is expected to take place in Q1 2021.
Comin & Partners
Lelio Alfonso | firstname.lastname@example.org | + 39 334 6054090
Orsola Randi | email@example.com | +39 339 3273672
Nicolò Scarano | firstname.lastname@example.org | + 39 340 3412080
About Antin Infrastructure Partners
Antin Infrastructure Partners is a leading independent infrastructure firm. Based in Paris, London and New York, and fully owned by its 14 partners, the firm employs over 100 professionals. Antin targets majority stakes in infrastructure businesses in the social, telecom, energy and environment and transport sectors. The firm has raised close to €15 billion from more than 180 blue chip international institutional investors across four funds and has made 27 investments to date.
Hippocrates Holding is the leading Italian independent pharmacy platform. Since its foundation, it has approached the pharmacy sector with an industrial and long-term logic. The company was founded in March 2018 by Davide Tavaniello and Rodolfo Guarino, co-CEOs of Hippocrates. Hippocrates' investment philosophy is to provide capital, experience and network of relationships in order to enhance the growth of the pharmacies belonging to its portfolio. Thanks to a dynamic investment effort, to date the company has a network of over 120 pharmacies, concentrated in the regions of central and northern Italy and in particular Lombardy, Veneto and Emilia-Romagna, with about 800 employees.