Information on the target
Tiryaq Medical Group is a prominent healthcare provider based in Spain, founded by orthopedic surgeon Ghassan Elgeadi Saleh. The group operates two owned clinics in Madrid and manages trauma units in over ten hospitals and private medical centers across major cities, including Madrid, Barcelona, and Málaga. In 2025, Tiryaq handled more than 230,000 patient contacts and generated annual revenues of approximately €13 million, performing over 5,000 surgical procedures each year.
With a focus on trauma care, Tiryaq has established itself as a key player in the Hospitals, Clinics & Primary Care Services industry in Spain. The company is poised for growth, leveraging its existing infrastructure and expertise to expand its service offerings and geographic reach.
Industry overview in the target’s specific country
The Hospitals, Clinics & Primary Care Services industry in Spain has experienced significant growth in recent years, driven by an increasing demand for healthcare services and advancements in medical technology. The Spanish healthcare system is characterized by a mix of public and private providers, with private healthcare gaining traction due to its perceived quality and shorter waiting times. This trend has created opportunities for private equity investments in the sector, as firms seek to capitalize on the growing demand for specialized medical services.
Spain's healthcare market is also witnessing a consolidation trend, with private equity firms actively acquiring stakes in established healthcare providers. This consolidation is fueled by the need for operational efficiencies and the desire to enhance service offerings in a highly fragmented market. The influx of international private equity firms into Spain has further accelerated this trend, as they bring capital and expertise to support the growth of local healthcare providers.
Moreover, the Spanish government has been investing in healthcare infrastructure, aiming to improve access and quality of care for its citizens. This investment, coupled with an aging population and rising chronic disease prevalence, is expected to drive demand for hospitals and clinics, making the sector an attractive investment opportunity for private equity firms.
As the industry evolves, there is a growing emphasis on integrating technology into healthcare delivery, with telemedicine and digital health solutions becoming increasingly …