PE firm Quadria ropes in Advay Capital for stake sale in India's Medica Hospital

Photo: Reuters

Singapore-based healthcare-focused private equity (PE) firm Quadria Capital has appointed Advay Capital to initiate the stake sale of its portfolio company Medica Superspecialty Hospital, two persons familiar with the development told DealStreetAsia.

Headquartered in Kolkata, the 400-bed superspecialty hospital is the largest hospital chain in eastern India owned and operated by Medica Synergie Pvt Ltd.

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