Advent International to invest Rs 3150 Cr in Yatharth Hospitals for 24.9% stake
India, Sept. 17 -- image credit- shutterstock
Yatharth Hospital and Trauma Care Services, one of North India's fastest-growing listed healthcare providers, has announced that Advent International, a leading global private equity investor, has entered into a definitive agreement to invest Rs 3150 crore of primary capital in the company.
Upon completion of the transaction, which remains subject to customary closing conditions, Advent is expected to acquire a significant minority stake of 24.9% in Yatharth Hospitals.
The transaction marks a pivotal milestone in Yatharth Hospitals' growth journey and reflects Advent's confidence in the company's differentiated healthcare platform, strong clinical capabilities, scalable operating model, and...
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