Company Profile

MetaMed business is focused on owning, setting up, operating and managing advanced diagnostic imaging (DI) centres. The company has evolved into the largest platform of diagnostic imaging centres across the Middle East, Turkey and Africa. Currently MetaMed owns, manages and operates 32 DI centres in Egypt, Jordan, Saudi Arabia and Turkey; and 1 centralized laboratory center in Egypt.


History

The company was created in 2009 by Gulf Capital Private Equity Partners Fund II as Technogroup Investments Holdings (TGIH) with the purpose of investing in diagnostic imaging (DI) and related radiology services. The aim of the investment was to establish the largest chain of DI centres across the Middle East, Africa and Turkey.

In 2009, the company acquired a majority stake in TechnoScan, an Egyptian radiology and diagnostic imaging company with 13 centres across Egypt. This was followed in 2010 by the acquisition of a majority stake in CRC, a Saudi DI company. From 2010 to 2016, the TechnoScan operation was expanded by opening 7 more centres across Egypt and refurbishing the old centers. In 2012 the company acquired a majority stake in MedRay, a Jordanian DI company and in 2013 a majority stake was acquired in DoguTip, a DI company providing outsourced services to the public healthcare sector in Turkey.

In 2013, the name of the company was changed to MetaMed to better reflect its identity as a company providing services in the medical field.

In 2015, MetaMed founded MetaLab, a medical laboratory company offering broad spectrum of clinical and anatomical pathology services.


Vision & Mission

Vision

To be the largest chain of radiology and diagnostic imaging and related services in the Middle East, Africa and Turkey.

Mission

To provide the best quality diagnostic images and reports in order to assist doctors to better diagnose patients’ ailments.


Corporate and Management Team

MetaMed is majority owned by Gulf Capital Private Equity Partners Fund II. Gulf Capital is the premier alternative investments firm in the Gulf Region and the Middle East, with institutional and private investors from around the world.


Dr Ihsan Hamarneh, a respected and well known leader in the domain of diagnostic imaging in the Middle East region, is the Chief Executive Officer of MetaMed. Previously, Dr Hamarneh was the founder and CEO of MedRay; the premier private diagnostic imaging company in Jordan.