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New Deal


Announced

Completed

General Atlantic completed the acquisition of a majority stake in Ujala Cygnus.

Financials

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

Tags

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British Indian Ocean Territory

India

hospitals

healthcare

Health Care Facilities

Acquisition

Cross Border

Majority

Private

Private Equity

Friendly

Single Bidder

Completed

Synopsis

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General Atlantic, a private equity firm, completed the acquisition of a majority stake in Ujala Cygnus, a healthcare provider in Northern India with a network of 21 hospitals. Financial terms were not disclosed. “We’ve witnessed numerous doctors relocating from metropolitan areas to places like Agra, Varanasi, and Jammu, drawn by the prospect of delivering quality care and achieving positive outcomes in communities close to their roots. With General Atlantic’s support, we look forward to the expansion of our platform and welcome more healthcare practitioners to join this transformative movement and the Ujala Cygnus mission,” Dr. Shuchin Bajaj, Ujala Cygnus Founder Director.

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