Arcapita and Mumtalakat Sell Stakes in NAS Neuron Health Services
Posted on 08/19/2020
Arcapita Group, which is owned by U.K.-based Aim Group Holdings Limited, and Bahrain Mumtalakat Holding Company, sold their ownership stake in Abu Dhabi-based NAS Neuron Health Services L.L.C., an outsourced medical claims administrator. In 2017, Mumtalakat and Arcapita partnered to acquire an equity stake in NAS United Healthcare Services LLC.
Umair Nizami is the Managing Director of Neuron, as well as CEO of Dubai Wing, the investment arm of Sheikh Majid Bin Mohammed Bin Rashid Al-Maktoum. NAS Neuron is one of the largest private TPAs of medical claims in the GCC region.