TPG buys control of India maternity hospital operator
TPG Capital’s growth investment arm has paid $33 million for a significant majority stake in Rhea Healthcare, which operates a network of mother and child care centers in India under the Motherhood brand.
Founded in 2011 and based in Bengaluru, Motherhood has three maternity hospitals in Bangalore, and one each in Chennai and Hyderabad, plus a women's clinic in Bangalore. Facilities include high-end neonatal...
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