# KKR to acquire Healthium Medtech from Apax Partners

KKR & Co. is acquiring a controlling stake in Bengaluru-based medical device maker Healthium Medtech Ltd. from private equity firm Apax Partners. The transaction is expected to close in the third quarter of 2024.

- Type: Acquisition
- Announced: 2024-05-06
- Where: Bengaluru, India
- Value: $840.0M (70.0B INR)
- Status: announced
- Products: medical devices
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [KKR & Co](https://endata.com/companies/7617.md) (acquirer)
- [Apax Partners](https://endata.com/companies/14505.md) (investor)
- [Apax Partners](https://endata.com/companies/14505.md) (partner)
- [KKR](https://endata.com/companies/16879.md) (acquirer)
- [Healthium Medtech](https://endata.com/companies/77225.md) (target)

## Sources

- [bloomberg.com](https://www.bloomberg.com/news/articles/2024-05-06/kkr-to-acquire-indian-medical-device-maker-healthium-from-apax), 2024-05-06: "KKR intends to use a special purpose vehicle to buy a controlling stake."
- [livemint.com](https://www.livemint.com/companies/news/kkr-wins-bidding-war-to-acquire-medical-devices-firm-healthium-11714976543498.html), 2024-05-06: "US private equity firm KKR & Co. has agreed to acquire Bengaluru-headquartered Healthium Medtech Ltd from UK private equity firm Apax Partners for an undisclosed sum."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.