MedPlus raises $115 million in debt funding

Update: 2018-01-17 10:17 GMT

In order to buy-back shares from Mount Kellett, TVS Capital Funds and Ajay Piramal’s India Venture Advisors, MedPlus Health Services has managed to raise $115 million through debt funding round from Goldman Sachs.Medplus and its Promoter, Mount Kellet, TVS Capital Funds and Venture Advisors were advised by Nishith Desai Associates and the team was led by M&A and PE Partner Nishchal...

In order to buy-back shares from Mount Kellett, TVS Capital Funds and Ajay Piramal’s India Venture Advisors, MedPlus Health Services has managed to raise $115 million through debt funding round from Goldman Sachs.

Medplus and its Promoter, Mount Kellet, TVS Capital Funds and Venture Advisors were advised by Nishith Desai Associates and the team was led by M&A and PE Partner Nishchal Joshipura, European Office Head Ruchi Biyani along with Associates Aditya Shukla and Dipanshu Singhal.

Trilegal represented Goldman Sachs and Edelweiss for the financing round.

Mount Kellet was advised by AZB & Partners led by Partners Darshika Kothari and Divya Mundra along with Senior Associate Shwetank Ginodia.

Khaitan & Co acted upon TVS and Piramal.

Samisti Legal represented Medplus and its Promoter for the management buyout of selling PE shareholders and in the financing round from Goldman Sachs and Edelweiss.

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