Livonia Partners acquires majority stake in Medicum Group

April 2025

Livonia Partners has acquired a majority stake in Medicum, a healthcare group providing outpatient general and specialised medical care. Recognizing opportunities in the local market, Livonia Partners aims for Medicum's expansion to strengthen its healthcare service offerings.

Maarja Pärs, Livonia's Investment Director, expressed their enthusiasm as local investors to support Medicum's next growth phase, aiming to improve access to healthcare in Estonia and increase the number of healthy years lived. 

Livonia Partners is a pan-Baltic private equity firm, and Medicum is one of the largest healthcare groups in Estonia providing outpatient general and specialised medical care, operating in 11 locations across Tallinn, Harju County, and Tartu.

Two brunette female medical care workers chatting.

We advised Livonia Partners on conducting financial and tax due diligence. PwC Estonia’s team included Raul Ruubel, Allar Karu, Marindra Soikka, Andrea Pärtelpoeg, Martin Tois and Merli Suu. 

Read media coverage (in Estonian) of the transaction in the business newspaper Äripäev.


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