Novo Holdings has made a primary investment in Surya Hospitals, along with a secondary acquisition of shares held by Sealink Capital Partners, as part of a transaction aimed at supporting Surya Hospitals’ next phase of growth.
The transaction involved Novo Holdings acquiring shares from existing investor Sealink Capital Partners, alongside fresh capital infusion into Surya Hospitals.
Legal Advisory
Argus Partners — Counsel to Surya Hospitals and Promoter
Argus Partners advised Surya Hospitals and its promoter, Dr. Bhupendra Avasthi, on the overall transaction.
Transaction Team
Krishnava Dutt, Managing Partner
Abhinav Bhalaik, Partner
Aayush Kumar, Partner
Paridhi Rastogi, Associate
Anoushka Goel, Associate
Due Diligence
Aayush Kumar, Partner
Paridhi Rastogi, Associate
Vishakha Somani, Associate
Anoushka Goel, Associate
Trilegal — Counsel to Novo Holdings
Trilegal advised Novo Holdings on all aspects of the transaction, including legal due diligence, structuring, drafting and negotiation of transaction documents, and assistance with execution and closing.
Transaction Team
Abhishek Guha, Partner
Tanya Uppal, Partner
Vijay Chawla, Associate
AZB & Partners — Counsel to Sealink Capital Partners
AZB & Partners advised Sealink Capital Partners on the sale of its entire stake in Surya Hospitals to Novo Holdings.
Transaction Team
Vasudha Asher, Partner
Vyoma Mehta, Senior Associate
Ria Doshi, Associate
Shraddha Sethia, Associate
Strategic Guidance
Vaidhyanadhan Iyer, Senior Partner
About Surya Hospitals
Surya Hospitals is the largest private women’s and children’s specialty hospital chain in Western India. Established in 1984, the group operates specialty hospitals across Mumbai, Pune, and Jaipur, with a strong focus on obstetrics and gynaecology, neonatal and paediatric intensive care, fertility, and paediatric sub-specialties. The group is widely recognised for its clinical outcomes and specialised medical teams.
Strategic Significance
Novo Holdings’ investment is expected to support Surya Hospitals’ expansion across Western India, strengthen its clinical infrastructure, and enhance its specialist medical capabilities, reinforcing its position in the women’s and children’s healthcare segment.
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Disclaimer
This article is for informational purposes only and does not constitute legal or financial advice. Readers should consult professionals before making decisions
