Bain Capital completed the acquisition of a 40% stake in CitiusTech from Baring Private Equity Asia.

Bain Capital,a private investment firm, completed the acquisition of a 40% stake in CitiusTech, a provider of healthcare technology services, solutions and platforms, from Baring Private Equity Asia, a private equity firm. Financial terms were not disclosed. “We are thrilled that Bain Capital is joining BPEA EQT as an investor in CitiusTech, creating a partnership with two of the world’s leading investment firms. Both firms have significant track records scaling healthcare and technology businesses, and we couldn’t have picked two better partners to further support our growth ambitions. CitiusTech has more than doubled its revenues since our partnership with BPEA EQT in 2019. The investment from Bain Capital will help us continue to scale and innovate, to better serve existing and new customers, and enable healthcare organizations to become more care-efficient, personalized, and data-driven," Bhaskar Sambasivan, CitiusTech CEO.