Dr. Agarwal’s Group of Eye Hospitals secures USD 45 million from Hong Kong based PE firm Adv Partners
Q. Dr. Agarwal’s Group of Eye Hospitals have secured among the largest PE deal in the eye care segment from which PE firm?- Published on 01 Feb 16a. Advert Partners
b. Adv Partners
c. Adc Partners
d. Adt Partners
ANSWER: Adv Partners
Dr. Agarwal’s Group of Eye Hospitals have secured USD 45 million from Hong Kong based PE firm Adv Partners. This is one of the largest PE deals within the eye-care assignment to help healthcare firm expand through a network of eye hospitals in domestic as well as foreign shores over the next 4 years. Of a USD 45 million investment, undisclosed sum will be provided to existing investors Evolvence India. Suresh Prabhala will be inducted into the board of Adv shortly. Veda Corporate Advisors have acted as exclusive financial advisors to Dr. Agarwal’s.
