PE Fund Investments
Morgan Stanley PE acquires urology-focused RG Hospitals for $59-M
Co. Announcement Advisor Release
Morgan Stanley Private Equity Asia (MSPEA) has acquired a majority stake in Delhi-headquartered RG Scientific Enterprises Pvt Ltd (RG Hospitals; RG Stone Urology & Laparoscopy Hospital) for USD 59 million. o3 Capital acted as the exclusive financial advisor to RG Hospitals.Founded in 1986, RG Hospitals provides short stay surgeries for urology, general surgery, gynaecology and nephrology. It currently operates 13 hospitals and 4 out-reach centres with about 500 beds across Delhi NCR, Mumbai, Kolkata, Chennai, Ludhiana, Goa and Dehradun.
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