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Global investors led by Arpwood buy majority stake in Sterling Hospitals

According to Arpwood Partners, the consortium will now invest in high-calibre clinical talent, infrastructure upgrade and patient service experience, and deliver quality medical care to patients

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Vinay Umarji Ahmedabad
A global consortium of investors led by private equity (PE) firm Arpwood Partners has acquired a majority stake in Sterling Addlife India Pvt Ltd for an undisclosed amount. The company operates the Sterling Hospitals chain of multi-specialty hospitals in Gujarat.

Post acquisition, Sterling Hospitals' Founder Girishbhai Patel has retained a minority stake and will continue to be a mentor to Sterling Hospitals.

According to Arpwood Partners, the consortium will now invest in high-calibre clinical talent, infrastructure upgrade and patient service experience, and deliver quality medical care to patients.

"We will soon announce an experienced CEO who has had a long

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First Published: Jun 30 2022 | 9:49 AM IST

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