Transaction Summary: Advising Quality Care India Limited on its acquisition of Convenient Hospitals Limited
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DSK Legal advised TPG backed Quality Care India Limited (“CARE”) in relation to the acquisition of Convenient Hospitals Limited group.
CARE is a multi-speciality healthcare provider with 14 healthcare facilities in 6 cities across 5 states in India. CAREis a regional leader in south and central India and is amongst the top 5 pan-India hospital chains. CARE delivers comprehensive care in over 30 specialities.
CHL owns and/or operates multi specialities hospitals in Indore and has one of the largest team of medical professionals in Madhya Pradesh.
Core DSK Legal team members for the transaction were: Mr. Hemang Parekh (Partner), Mr. Gaurav Mistry (Partner), Ms. Akanksha Tiwary (Principal Associate), Ms. Saumya Malviya (Senior Associate), Ms. Hemanshi Gala (Senior Associate), Mr. Soham Roy (Senior Associate) and Ms. Sharmishtha Bharde (Associate).
Ms. Rimali Batra (Associate Partner) advised on certain aspects of the legal due diligence and Mr. Abhishek Singh Baghel (Associate Partner) advised on competition law aspects of the proposed transaction.
CHL Group Entities were advised by Anoma Legal, Mumbai.