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Marengo Asia Healthcare completed the acquisition of a stake in CIMS Hospital for $57m.

Financials

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Transaction Value£45m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Domestic

Private

India

hospital

Health Care Facilities

Acquisition

Minority

Completed

Friendly

Single Bidder

Synopsis

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Marengo Asia Healthcare, a healthcare platform, completed the acquisition of a stake in CIMS Hospital for $57m. “Through our network of partnerships with globally renowned medical and academic institutions, we intend to further build on CIMS Hospital’s clinical strengths and introduce Centers of Excellence across departments such as Cardiac Sciences, Oncology and Transplants,” Raajiv Singhal, Marengo AsiaHealthcare Founding Member and Managing Director.

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