The Everstone Group will acquire a controlling stake in Sahyadri Hospitals Limited (Sahyadri), the largest hospital chain in Maharashtra for an undisclosed sum.
The combination of primary and secondary capital outlay is expected to increase the bed-count significantly in the next five years, Sahyadri said in a statement.
Founded in 1994, Pune headquartered Sahyadri Hospitals currently operates 5 tertiary care and 3 secondary care hospitals with 750 beds across Pune (Deccan Gymkhana, Nagar Road, Kothrud, Bibwewadi, Kasba Peth and Hadapsar), Nashik and Karad areas. Sahyadri has more than 1,000 clinicians along with 2,300 supporting staff.
Sameer Sain, CEO, Everstone Group,