Manipal Hospital’s Acquisition of Vikram Hospital

Khaitan & Co advised Multiples Private Equity Fund I Limited, Multiples Private Equity Fund, and Vikram Hospital (Bengaluru) Private Limited.

Multiples Private Equity Fund I Limited, Multiples Private Equity Fund, and Vikram Hospital (Bengaluru) Private Limited executed the acquisition of Vikram Hospital (Bengaluru) Private Limited by Manipal group for a total consideration of INR 360 crore (USD 50 million).

The Khaitan & Co. team consisted of Partner Ganesh Prasad (Picture), B N Vivek (Principal Associate), Himanshu Mene (Associate) with assistance from Aarthi Sashikumar (Associate) and Aakanksha Panigrahi (Associate) on Due Diligence and with further advice from Vinay Joy (Partner) and Srishti Ramkrishnan (Senior Associate) on Employment Law aspects of the transaction

Involved fees earner: Vinay Joy – Khaitan & Co.; Himanshu Mene – Khaitan & Co.; Aakanksha Panigrahi – Khaitan & Co.; Ganesh Prasad – Khaitan & Co.; Srishti Ramkrishnan – Khaitan & Co.; Aarthi Sashikumar – Khaitan & Co.; B N Vivek – Khaitan & Co.;

Law Firms: Khaitan & Co.;

Clients: Multiples Private Equity Fund; Multiples Private Equity Fund I Limited; Vikram Hospital (Bengaluru) Private Limited ;

Author: Sonia Carcano