Private equity backed diagnostics chain Metropolis has acquired Gujarat-based Sanjeevani Pathology Labs in an all-cash transaction for an undisclosed amount..DealMetropolis acquires Sanjeevani Pathology LabsValueUndisclosedSectorHealthcareDeal TypePELaw FirmsDesai & Diwanji – Sanjeevani Pathology Laboratory; Khaitan & Co – Metropolis HealthcarePartners/HeadsDesai Diwanji – Madhavan Srivatsan; Khaitan & Co – Anuj Sah.Desai & Diwanji advised the sole proprietor of Sanjeevani Pathology Laboratory with a team lead by Madhavan Srivatsan (Partner) along with Sougata Kundu (Senior Associate), Sweta Rao and Angshuman Choudhury (Associates)..Khaitan & Co advised Metropolis Healthcare Limited with a team lead by Anuj Sah (Partner) along with Nayantara Kutty and Vinita Choudhury..Metropolis has acquired the entire business of Sanjeevni, hereby strengthening its market share and penetration in Western India and giving it a strong foothold in the under penetrated Saurashtra region.
Private equity backed diagnostics chain Metropolis has acquired Gujarat-based Sanjeevani Pathology Labs in an all-cash transaction for an undisclosed amount..DealMetropolis acquires Sanjeevani Pathology LabsValueUndisclosedSectorHealthcareDeal TypePELaw FirmsDesai & Diwanji – Sanjeevani Pathology Laboratory; Khaitan & Co – Metropolis HealthcarePartners/HeadsDesai Diwanji – Madhavan Srivatsan; Khaitan & Co – Anuj Sah.Desai & Diwanji advised the sole proprietor of Sanjeevani Pathology Laboratory with a team lead by Madhavan Srivatsan (Partner) along with Sougata Kundu (Senior Associate), Sweta Rao and Angshuman Choudhury (Associates)..Khaitan & Co advised Metropolis Healthcare Limited with a team lead by Anuj Sah (Partner) along with Nayantara Kutty and Vinita Choudhury..Metropolis has acquired the entire business of Sanjeevni, hereby strengthening its market share and penetration in Western India and giving it a strong foothold in the under penetrated Saurashtra region.
