TPG buys India-focused CTSI for $33m
TPG Capital has bought a majority stake in Cancer Treatment Services International (CTSI), a US cancer treatment chain focused on India and South Asia. AVCJ understands that the firm paid $33 million for a 65% interest.
TPG made its investment from TPG Growth III fund, its latest global middle market and growth equity investment vehicle, which closed last April at $3 billion. The GP plans to assist CTSI as it grows to...
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