Carlyle, Warburg & Bain queue up for TPG's stake in Indian hospital chain Evercare

Carlyle, Warburg & Bain queue up for TPG's stake in Indian hospital chain Evercare

Photo CARE Hospitals website

Global private equity (PE) firms such as Carlyle, Warburg Pincus, and Bain Capital have joined the race to acquire private equity firm TPG-backed healthcare platform Evercare (earlier known as CARE Hospitals), DealStreetAsia has learnt.

The Hyderabad-headquartered hospital chain was rechristened as EverCare in 2019 after TPG acquired it through its impact investment unit, The Rise Fund, from the then investor Abraaj Growth Markets Health Fund.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter