Warburg Pincus To Invest $210 Mn In Medical Devices Firm Micro Life Sciences

New York-based private equity player Warburg Pincus, through its Dutch affiliate South Elm Investments B.V., has signed a definitive agreement to invest approximately $210 million (~ Rs 1,500 crore) for a minority stake in Micro Life Sciences Private Limited, parent organization of Meril group of companies.

AZB & Partners advised Warburg Pincus in the deal. The team comprised of Partners, Vaidhyanadhan Iyer and Nandan Pendsey and Senior Associates, Sneha Nagvekar, Himanshoo Tembe, Shivanand Nayak, Rashmee Kumar, Nupur Lamba and Akriti Kalra.

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