TPG buys India-focused CTSI for $33m
TPG Capital has bought a majority stake in Cancer Treatment Services International (CTSI), a US cancer treatment chain focused on India and South Asia. AVCJ understands that the firm paid $33 million for the 65% stake.
TGP made its investment from TPG Growth III fund, its latest global middle market and growth equity investment vehicle, which closed last April at $3 billion. The GP plans to assist CTSI as it grows to...
More on South Asia
Latest News
VIDEO: Shaw Kwei & Partners' Kyle Shaw
The competitive environment for private equity deals in Asia is less intense than at any time in the last 10 years as players investing before the global financial crisis have pared back their activity, says Kyle Shaw, founder and managing director at...
Aksìa Group buys Lameplast
Deal saw founders and previous owner fully exiting the business
Test
Test