DSK and Desai Diwanji act on Care India acquiring majority stake in CIIGMA Group Entities

The deal amount remains undisclosed
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TPG backed Quality Care India Limited (CARE) has acquired a majority stake of the shareholding of United CIIGMA Institute of Medical Sciences Private Limited (CIIGMA), along with its other group entities (CIIGMA Group Entities).

DSK Legal advised CARE on the deal.

The legal due diligence team was led by Akanksha Tiwary (Principal Associate), Pooja Khanna (Principal Associate), Saumya Malviya (Senior Associate), Soham Roy (Senior Associate) and Sharmishtha Bharde (Associate).

The team for the transaction documentation was led by Hemang Parekh (Partner), Gaurav Mistry (Partner), Akanksha Tiwary (Principal Associate) and Saumya Malviya (Senior Associate).

The team for the condition precedents and closing was led by Hemang Parekh (Partner), Gaurav Mistry (Partner), Akanksha Tiwary (Principal Associate), Pooja Khanna (Principal Associate), Soham Roy (Senior Associate) and Saumya Malviya (Senior Associate).

The competition law aspects were led by Abhishek Singh Baghel (Associate Partner)

Desai & Diwanji acted for United CIIGMA with a team led by Partner Siddharth Mody.

CARE Hospital Group, a part of the Evercare Group, the leading impact-driven healthcare group in South Asia and Africa, is a multi-specialty healthcare provider with 14 healthcare facilities in 6 cities across 5 states in India.

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