The Group

A solid partnership

Created in April 2006, Vitalia grew out of the meeting of two exceptional partners: Dr. Christian Le Dorze, a doctor with an innovative vision of patient-centered healthcare, and the Blackstone Group, a leading global investment and advisory firm.

After analyzing an in-depth study on the French healthcare sector, the partners decided to launch a network of medical centers with a new approach to healthcare. This initiative is based on years of experience at all levels of the industry .

A respected oncologist and radiologist, Dr. Christian Le Dorze (see full biography) created and managed two specialized cancer care centers and served as president of the National Syndicate of Oncologists and Radiologist for 10 years. In 1993, he joined the Général de Santé (General Health Group) where he held various directorial positions until his departure in 2006. During his tenure, he gained a wealth of experience in managing pre-natal and obstetric departments, overseeing medical imaging facilities, as well as oncology, biomedical and hospitalization services.Dr. Le Dorze brought several partnerships to fruition in the public hospital sector while at Général de Santé, including alliances with the Public Assistance Hospitals of Paris (Assistance Publique Hôpitaux de Paris), Regional University Hospitals (Centres Hospitaliers Régionaux Universitaires) and Regional Centers for the Fight against Cancer (Centres Régionaux de Lutte contre le Cancer). In addition, in 1997 he negotiated the leveraged buyout on behalf of the group’s employees.

Dr. Le Dorze chose the internationally recognized Blackstone Group as his partner to bring Vitalia to life. Teaming up with Blackstone, reputed for its solidity and know-how in the field of private equity investing, assured Vitalia the best possible chances for success. Created in 1985 by Peter G. Peterson and Steven A. Schwartzman, Blackstone is one of the world’s top investment and advisory companies. With 750 employees across the globe, the group is committed to supporting dynamic corporations through long-lasting, cooperative relationships.

Over the past 20 years, Blackstone has raised more than $30 billion of private funds. In addition, its Real Estate Group has invested a sum of $11 billion of private equity in more than 180 transactions compromising approximately 2,400 individual real estate assets. Directed by Jean-Baptiste Mortier, Blackstone’s Paris office was created via a local partner in 2004 in order to better serve its French clients.

Blackstone's in-depth analyses of investment opportunities are supported by rigorous due diligence and risk assessment, focusing on value and adapting its decisions to local market conditions. An impressive array of legal, fiscal and economic resources enables Blackstone to react quickly and decisively in rapidly changing environments.

The Vitalia/Blackstone cooperation ensures a sustainable, successful project. Perfect complements to one another, Vitalia’s philosophy of managed healthcare is supported by Blackstone’s unparalleled fiscal, auditing and real estate management expertise.

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