Quadria Cap­i­tal in­vests in two hospi­tal groups

BioSpectrum (Asia) - - Finance News -

In­de­pen­dent health­care fo­cused pri­vate equity firm Quadria Cap­i­tal has in­vested an un­spec­i­fied amount in two hospi­tal groups of Sin­ga­pore and Viet­nam, ac­quir­ing sig­nif­i­cant stakes through its Quadria Cap­i­tal Fund LP.

Quadria, which was named a ‘Best for the World Fund’ by B the Change Media in 2016, has ac­quired stakes in MWH Hold­ings Pte Ltd, the hold­ing com­pany for Sin­ga­pore Heart, Stroke and Can­cer Cen­tre, and Viet­nam’s Franco-Viet­namese Hospi­tal. Quadria has so far in­vested in seven high po­ten­tial health com­pa­nies in the re­gion and has also com­mit­ted Rs 750 mil­lion in­vest­ment in the­matic and dis­rup­tive health­care star­tups in In­dia. Quadria’s in­vest­ment strat­egy fo­cuses on ac­quir­ing a 25-26 per cent stake in its port­fo­lio com­pa­nies.

The 220-bed Franco-Viet­namese hospi­tal in

Ho Chi Minh City is ex­pected to use the fund­ing from Quadria to build di­ag­nos­tics and treat­ment cen­tres for se­lected spe­cial­ties. The Viet­namese hospi­tal also seeks to of­fer ad­vanced care in cen­tral and South Viet­nam through an in­te­grated network of health­care fa­cil­i­ties. MWH Hold­ings of Sin­ga­pore is ex­pected to use the fund­ing to ex­pand its op­er­a­tions in the do­mes­tic mar­ket by adding more spe­cial­ties and ex­pand­ing its di­ag­nos­tics ca­pac­ity.

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