Hemato Oncology Clinic’s Acquisition by Tata Capital-backed Cellcure Cancer Centre
JSA represented Hemato Oncology Clinic (Ahmedabad) Private Limited (“HOC“) and its shareholders in a strategic arrangement involving merger of HOC with Tata Capital Healthcare Fund backed Cellcure Cancer Centre Private Limited which operates well known cancer day care centres in Mumbai under the brand name Mumbai Oncocare Centre (“MOC“). The transaction is being undertaken in two phases concluding with a merger of HOC with MOC.
JSA’s transaction team comprised partners Vikram Raghani and Abhijeet Sonawane, along with associate Nishi Shah and Tanishqua Desai.
Both HOC and MOC provide medical oncology services and operate a chain of day care centres in Ahmedabad, Maharashtra and Madhya Pradesh, respectively. These chains are run by reputed medical oncologists. HOC is the only clinic in Gujarat which provides comprehensive treatment of cancers and hematological diseases.
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