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Medanta Global (US expansion)

active

HealthcareCarlyle / 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.