JSA assisted India Resurgence Fund (IndiaRF) in the acquisition of a majority stake in Ivy Health and Life Sciences Private Limited (“Ivy Health”) for INR 525 crore.
IndiaRF is a leading India-focused investment fund, backed by Piramal Enterprises Limited and Bain Capital Credit.
Ivy Health operates a chain of NABH certified multi-speciality hospitals in several cities of Punjab namely at Mohali, Amritsar, Khanna, Hoshiarpur and Nawanshahr.
The deal marks IndiaRF’s maiden investment in the healthcare sector and the first of its kind in a regional hospital chain.
Our Transaction Team Comprised Lead Partner – Sidharrth Shankar, Partner – Prakriti Jaiswal, Principal Associate – Dhruv Malhotra and Senior Associate – Shivek Sharma.
Our Due Diligence Team Comprised Partner – Shraddha Krishnan Dash, Principal Associate – Arjun Krishnamoorthy, Associate – Abhilash Raghav, Jatin Oberoi, Jeevesh Jain and Kartikey Gupta.
Our Real Estate Team Comprised Partner – Bharat Bhushan Sharma and Senior Associate – Mohit Aggarwal.
Our Competition Law Team Comprised Partner – Vaibhav Choukse and Ela Bali and Associate – Faiz Siddiqui.
Our Banking and Finance Team Comprised Partner – Megha Saraf and Associate – Harshil Shubham.