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Synopsis
InvAscent, a healthcare and life sciences-focused private equity firm, completed the acquisition of a minority stake in Geri Care, a senior citizen-focused healthcare company, for $13m. " We are excited to partner with InvAscent to further our mission of providing holistic and compassionate care to the elderly. The InvAscent team, with their deep understanding of the healthcare space, will be valuable partners in this growth journey. Their investment and partnership will enable us to expand our services and reach more seniors in need of specialised healthcare," Lakshmipathy Ramesh, Geri Care Founder & Managing Director.
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