PTS Investments Holdings acquires part of EDAM Healthcare Services in Egypt

EGYPT – PTS Investments Holdings Inc. has acquired part of Giza-based EDAM Healthcare Services in an undisclosed six figures deal through its operating company in Egypt. Speaking on the acquisition, EDAM Chairperson, Ehab Kamel said: “PTS direct investments will accelerate the company’s future growth plans. We aim to reach 2.5 million subscribers by the end of 2023.”

He disclosed that the funds will be used to support the development of EDAM digital platform for health care in cooperation with Kemtix Technologies.

The strategic deal between PTS and EDAM will also support the country’s efforts in the digital transformation era in line with the goals of sustainable

Government

development and Egypt Vision 2030. Through the acquisition, the United States-based PTS Investments Holding will deepen its direct investment into the Egyptian market and around the Middle East and North Africa region (MENA).

The firm will collaborate with local and global partnerships and alliances by providing integrated solutions and services to enhance digital community awareness in MENA region. In addition, it will ensure a direct value add within the investment value chain, particularly in the sectors of health, education, transportation, logistics, and energy as well as in technology and applied engineering.