PE Firms Interested in Warburg's Metropolis Healthcare Stake?
January 05, 2015
Apax Partners, Advent International, The Carlyle Group, Temasek and KKR have reportedly expressed interest in acquiring Warburg Pincus's 27% stake in Metropolis Healthcare—an ownership holding said to be valued at INR4 billion to INR5 billion ($63 million to $79 million). The India-based company delivers over 15 million diagnostic tests a year to more than 10,000 laboratories, hospitals and nursing homes. Warburg Pincus, which backed the company in 2010, supposedly stands to return about 2x on its investment.