Announced
Completed
Financials
Sources
Tags
Minority
Private Equity
Medical Equipment
Cross Border
ophthalmic equipment
Single Bidder
India
Completed
Friendly
Acquisition
Private
Synopsis
Warburg Pincus, a private equity firm, completed the investment in Appasamy Associates, a manufacturer of ophthalmic equipment and devices. Financial terms were not disclosed. “We are witnessing a period of strong growth for the Indian healthcare sector, particularly ophthalmology, and we expect to see significant opportunities in both the domestic and export markets. As Appasamy progresses into this new era of expansion, we are excited to partner with Warburg Pincus given the firm’s global expertise in healthcare and its long-term business-building focus in India,” Senthil Kumar, Appasamy Associates CEO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.