TPG Growth Fund has invested approximately US$33 million in Cancer Treatment Services International (CTSI US). CTSI US operates the American Oncology Institute, a specialty cancer treatment centre at Citizens Hospital in Nallagandla, Hyderabad.
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Through this investment, TPG Growth Fund, TPG’s middle market growth equity investment platform, has acquired a 65% stake in the India operations of CTSI US.
J Sagar Associates represented CTSI US and its subsidiaries in Mauritius and India. The team comprised partner Vivek Chandy and senior associate Siddharth Vedula.
Cooley was the international counsel to CTSI US.
Cleary Gottlieb Steen & Hamilton teamed up with AZB & Partners to advise TPG Growth Fund.
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