The promoter of Blue Sapphire Healthcares Pvt Ltd secured ₹415 crore in private credit from 360 ONE to buy out private equity investors in the Asian Institute of Medical Sciences (AIMS), a hospital chain in the Delhi-NCR region, the company confirmed. The deal closed this week and marks a significant promoter-led stake consolidation in the healthcare sector, according to livemint.com.
The funding was arranged through 360 ONE, a private credit platform, enabling the Pandey family to consolidate full ownership of AIMS. This transaction highlights the increasing use of private credit as an alternative financing tool for promoters seeking to buy back stakes from private equity investors. The deal follows a rising trend of promoter-led buyouts in India’s private credit market, as detailed by livemint.com.
Private credit has gained traction in India as promoters look to regain control of their companies amid evolving capital market dynamics. Comparable deals in other sectors have shown private credit's growing role in facilitating buybacks without relying on traditional bank loans or public markets. The AIMS buyout aligns with this pattern, reflecting broader shifts in financing options available to mid-sized healthcare companies and other businesses, according to livemint.com.
The ₹415 crore private credit deal was finalized this week, with the Pandey family now holding full ownership of the Asian Institute of Medical Sciences. The transaction underscores the expanding role of private credit in promoter-led stake consolidations across India’s healthcare sector, as reported by livemint.com.