CareTech completed its first investment in the Gulf region in February 2020, through the acquisition of an equity interest in AS Investment Holdings Ltd and AS1 Investment Holdings Ltd (the “AS Group”).
The AS Group holds majority equity interest in the American Center for Psychiatry and Neurology and Macani Medical Center, both well regarded specialist brands in the United Arab Emirates (UAE).
Established in 2015 by Shafqat Malik, co-founder and Group CEO, AS Group’s strategy is to introduce best in class mental healthcare in the UAE, as first step to developing a holistic care pathway of specialist services.
With an existing management team in place, our plans are to support AS Group in growing its services, and for this first investment by CareTech in the UAE to act as a gateway to further investments in the Gulf region.

CareTech MENA invests in, partners with and operates services within the specialist education, social care and healthcare sectors in the Middle East North Africa region.

Founded in 1993, CareTech Holdings Limited has grown from a single small care home into one of the largest and most respected care providers in the UK operating 550 services across England, Scotland and Wales.