Launched in 2012 as Tandon Information Solutions, Infinx is also into medical transcription, eligibility and benefit verification, complete medical billing, medical coding (across specialty) and comprehensive account receivable management services.
KKR acquired Healthium Medtech Ltd., a leading Indian medical devices company, from Apax Partners. The deal, valued at approximately Rs 7000 crore, involves a special purpose vehicle owned by KKR-managed funds gaining control of Healthium. Healthium, the fourth-largest surgical suture manufacturer globally, maintains a strong presence in India and abroad, with KKR aiming to leverage its expertise to further expand its reach
India Business News: New Delhi: US private equity major KKR will acquire Bengaluru-based medical device player Healthium Medtech, formerly Sutures India, from PE firm Apax.
KKR and Apax have signed a binding agreement for purchase of the Bengaluru-based company, with a formal announcement expected as early as Monday, the people cited said. Moneycontrol was first to report on Saturday that KKR was the highest bidder for Healthium. Mankind-ChrysCapital had offered ₹6,500 crore ($780 million), said the people cited.
KKR to acquire Healthium Medtech for Rs 7000 crore from Apax Partners. Novo Holdings, Mankind Pharma, and ChrysCapital competed in the bidding. Anish Bafna will continue to lead Healthium under KKR ownership.