Private Equity Liquidity Events
Everstone looking to exit Sahyadri Hospitals
Source Mint (opens in a new tab)
PE firm Everstone has initiated the process to exit from Mumbai-based Sahyadri Hospitals targeting an internal rate of return (IRR) of 50-60%. Seven to eight investors have shown interest to invest in the hospital chain.
Sahyadri has eight hospitals with over 900 beds in Maharashtra.
Company website ↗ (opens in a new tab)
From Venture Intelligence PE-VC Deals Database: Between Jan-08 and April-19 Sahyadri Hospital had raised over USD 50 million from Everstone, IDFC Project Equity, ICICI Venture, Global Infrastructure Partners. IDFC, ICICI and GIP have exited their investments. (Subscribers to the database can login to view the detailed financials.)