KKR To Buy Stake In Apax Partners-Owned Healthium Medtech’s Arm

Medical devices company, Healthium Medtech Ltd. (formerly Sutures India) is in the process of selling stake from its UK-based subsidiary, Clinisupplies to private equity major KKR. Financial details of the transaction were not disclosed. 

KKR will invest in Clinisupplies through its $4 billion Health Care Strategic Growth Fund II.

AZB & Partners advised KKR. The AZB & Partners team comprised of Darshika Kothari and Kunal Kumbhat, and Senior Associate Hitesh Agarwal.

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