Permira and TPG acquire Cloudnine stakes in $450 million deal valuing chain at $1.3 billion

Permira and TPG Capital acquired stakes in Cloudnine Hospitals in a $450 million secondary transaction at a valuation of about $1.3 billion. Cloudnine has about 40 centres across 13 Indian cities and plans a public listing over a 24-36 month horizon.

Permira and TPG buy Cloudnine stakes in $450 million secondary deal at about $1.3 billion valuation
Secondary transaction size
$450 million
Cloudnine valuation
about $1.3 billion
Centres across 13 cities
about 40 centres

Reported figures

From the report. Source details below

  • 25%
  • $250 million
  • $150-180 million
  • $160 million

The source

Source Read the source at Mint Published

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