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Medanta Global (US expansion)
activeHealthcare — Carlyle / GIC
Deal Terms
Entry Year2021
Entry EV$2B
Entry Multiple15x
Leverage5x
Debt Amount$1B
Risk Metrics
LTV (est.)50%
Debt / EV0.50x
Notes
Carlyle/GIC backed Indian hospital chain's aggressive expansion. PE-fueled hospital rollups have moved from US to emerging markets. High entry multiples betting on growing middle-class healthcare demand. Currency risk, regulatory uncertainty, and capital intensity create PE hazards.
Sponsor
GIC Private Limited$800B AUM