Structure. As designed, stated as it stands.
One seat above every hospital.
Foundations sit above a DIFC holding company. The HoldCo owns a management company, an IP company and a technology company, with regional sub holdings for the GCC, India and North America. This is the architecture the group was formed with; the group itself is in formation.
Regional sub holdings
Four tiers
From foundations to the regions
Read top down. Each tier is owned by the one above it, and the DIFC HoldCo is the single seat in the middle.
- 01Tier 1
Foundations
Foundations sit above the holding company, at the top of the architecture the group was designed with.
- 02Tier 2
HoldCo, DIFC
The Dubai International Financial Centre holding company. One seat above every hospital, operating company and regional sub holding.
- 03Tier 3
ManCo, IP Co, TechCo
Three operating companies owned by the HoldCo: one management company across every hospital, one company holding the group's intellectual property, one technology company for the group's hospitals.
- 04Tier 4
Regional sub holdings
GCC, India and North America. Hospitals and partnerships in each region sit under their sub holding, which sits under the HoldCo.
Node by node
What each company in the structure is for
Stated as adnanferoz.com states it. Where the group has not published a detail, this page does not add one. The about page covers the entity and leadership; the partners page covers how TechCo and the UAE partnership work with outside firms.
Above the group
Foundations
Foundations sit above the holding company. They are the top of the architecture the group was designed with.
DIFC, Dubai
HoldCo
The DIFC holding company. One seat above every hospital, operating company and regional sub holding in the group.
Operating company
ManCo
The management company: one management layer working across every hospital in the group.
Operating company
IP Co
The intellectual property company: the group's IP held in one place rather than hospital by hospital.
Operating company
TechCo
The technology company: technology for the group's hospitals, held and developed in one company.
Regional
GCC sub holding
The regional sub holding for the Gulf, under the DIFC HoldCo.
Regional
India sub holding
The regional sub holding for India, where the anchor hospital group operates and is profitable.
Regional
North America sub holding
The regional sub holding for North America, under the DIFC HoldCo.
Who sits where
The anchor, the leadership, the partnership
- AnchorNASA Hospitals (Neuro and Spine Associates), a specialty neurosurgery, spine and orthopaedic group, profitable in India and expanding internationally, under the India sub holding.
- Vice ChairmanAdnan Feroz, Co Founder and Vice Chairman for Group Strategy, Capital and Corporate Development, who designed the architecture and leads strategy, capital formation, M&A origination and deal structuring.
- Proposed UAE partnershipA UAE neuro and spine partnership with Canadian technology, Initiative 19 of the Canada to UAE plan, which would sit under the GCC sub holding.
- PipelineBrownfield acquisitions in India and the GCC. How a hospital owner starts.
Asked about the structure
How is the group structured?
Foundations sit above a DIFC holding company. The HoldCo owns a management company, an IP company and a technology company, with regional sub holdings for the GCC, India and North America.
What is the UAE partnership?
A proposed UAE neuro and spine partnership with Canadian technology, positioned as Initiative 19 in the Canada to UAE plan. First actions: assess clinical demand, operator fit and licensing feasibility.
Is the group operating today?
The group is in formation. NASA Hospitals operates today in India. The group brief, shared under NDA, states what is in place and what is next.
What is in the group brief?
The structure, the anchor, the pipeline and what the group needs from each kind of partner, with the NASA Hospitals profile. It is shared under NDA with written interest disclosures.
Request the group brief
The brief carries the structure in full, the anchor's profile and what the group needs from each kind of partner. Shared under NDA.
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