10-10-2024 12:10 PM | Source: PR Agency
Bain Capital-backed 360 ONE Asset Management invests in A4 Hospitals

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360 ONE’s Healthcare Opportunities Fund has entered into definitive agreements to invest in A4 Hospitals, a prominent integrated women’s healthcare chain based in Tamil Nadu, with a robust presence in Chennai. Founded by experienced healthcare professionals Dr. Ashok Kumar and Dr. Aruna Ashok, A4 Hospitals offers a wide range of comprehensive services, including fertility treatments (IVF), maternity care, and gynaecologicalservices.

The growth capital from 360 ONE’s Healthcare Opportunities Fund will be strategically invested to enhance their service offerings, elevate brand recognition, market positioning and further bolster A4 Hospitals’ presence in Tamil Nadu as well as other newer geographies. Wodehouse Capital Advisors’ wasthe sole financial and strategic advisorforthe transaction.

A4 Hospitals’ unique model, anchored in rigorous clinical protocols and a patient-centric philosophy, has propelled it to prominence as one of Chennai's leading women's healthcare brands. With eight state-of- the-art centers in Chennai and a dedicated team of over 500 professionals, A4 Hospitals has firmly established itself as a key player in the region. “We are thrilled to collaborate with a team that shares our vision and is committed to our mission. Together, we look forward to embarking on a journey that will profoundly impact the healthcare landscape, particularly in fertility and maternity care”, said Dr. Ashok Kumar, Managing Director C CEO, A4 Hospitals.

In the year 2024, 360 One Asset has also invested in Vastu Housing Finance, hearing solutions provider HearZap, D2C lifestyle and design brand DailyObjects. According to the annual report, 360ONE manages Alternative Investment Funds(AIF)with anAUM close toUS$ 5.00 bn.

This transaction marks Wodehouse Capital Advisors' second consecutive deal within a month in the Healthcare Services sector. Wodehouse Capital is engaged in discussions with various healthcare companies as it collaborates with A4 Hospitals and 360 ONE on strategic initiatives aimed at driving the next phase of growth.

 

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