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Three investors join Arpwood to buy Girish Patel-promoted Sterling Hospitals

By Joseph Rai

  • 30 Jun 2022
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Three investors join Arpwood to buy Girish Patel-promoted Sterling Hospitals
Credit: Pixabay

Indian and foreign investment firms have joined private equity company Arpwood Partners to acquire Girish Patel-promoted hospital chain Sterling Hospitals for Rs 650-700 crore ($82-88 million), two people close to the development told VCCircle.  While Arpwood picked 46% stake in Sterling Hospitals, the remaining stake was bought by Singapore headquartered investment ......

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