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CitiusTech announces Investment and Strategic Partnership from Bain Capital Private Equity

Mumbai (Maharashtra) [India], October 21 (ANI/PRNewswire): CitiusTech ("the Company"), a leading provider of technology and consulting services to healthcare and life sciences companies, today welcomed Bain Capital Private Equity ("Bain Capital"). as an investor, joining existing shareholder BPEA EQT who acquired a majority stake in CitiusTech in 2019. Financial terms of the private transaction were not disclosed. "We are thrilled that Bain Capital is joining BPEA EQT as an investor in CitiusTech, creating a partnership with two of the world's leading investment firms. Both firms have significant track records scaling healthcare and technology businesses, and we couldn't have picked two better partners to further support our growth ambitions," said Bhaskar Sambasivan, Chief Executive Officer of CitiusTech. "CitiusTech has more than doubled its revenues since our partnership with BPEA EQT in 2019. The investment from Bain Capital will help us c ....

Bhaskar Sambasivan , Saviera Barretto , Sneha Bangera , Samonnoi Banerjee , Hari Gopalakrishnan , Citiustech The Company , Bain Capital Private Equity , Bain Capital , Chief Executive Officer , Bain Capital Private , Capital Private Equity , Baring Private Equity Asia , Mumbai Maharashtra India , Ctober 21 Ani Prnewswire Citiustech Quot The Company , A Leading Provider Of Technology And Consulting Services To Healthcare Life Sciences Companies , Oday Welcomed Bain Capital Private Equity Quot As An Investor , Oining Existing Shareholder Bpea Eqt Who Acquireda Majority Stake In Citiustech 2019 Financial Terms Of The Private Transaction Were Not Disclosed Quot We Are Thrilled That Bain Capital Is Joining As An Investor , Reatinga Partnership With Two Of The World 39s Leading Investment Firms Both Have Significant Track Records Scaling Healthcare And Technology Businesses , Nd We Couldn 39t Have Picked Two Better Partners To Further Support Our Growth Ambitions , Uot Said Bhaskar Sambasivan , Hief Executive Officer Of Citiustech Quot Has More Than Doubled Its Revenues Since Our Partnership With Bpea Eqt In 2019 The Investment From Bain Capital Will Help Us Continue To Scale And Innovate , O Better Serve Existing And New Customers , Nd Enable Healthcare Organizations To Become More Care Efficient , Nd Data Driven Quot Founded In 2005 , Itiustech Providesa Range Of Digital Healthcare Technology And Consulting Services To Help Over 130 Leading Life Sciences Organizations Deliver Better Outcomes , Ransform Care And Business Processes ,