After making news with the £95m sale of its the largest hospital chain for behavioural care services for adults and adolescents in England, private equity firm C&C Alpha Group (CCAG) has announced India as its new area of interest where it plans to invest in the healthcare and hospitality sectors.
"We will now be looking for new investment opportunities in healthcare and other speciality services in India, which provide a big investment opportunity. The Group plans to invest about Rs 1,500 crore in the healthcare and hospitality sectors over the next 3 to 5 year horizon in India," said CCAG promoter and executive director, Bhanu Choudhrie.
CCAG plans to build on its Indian existence through its wholly-owned Shanti Hospitality which promotes and manages brands in India like Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hyatt Hotels. The group has plans of exploring new business avenues, associations and partnerships for greater outreach in India.
"In hospitality, we have already planned to add about 1,800 rooms in India under three brands - Hyatt, Four Points and Aloft Hotels - to take our total strength to about 3,000 rooms. In addition to this, the C&C Alpha Group is also building a 200-beds super specialty hospital in South Delhi, for which we have already acquired the land", said Choudhrie.
As a private equity investment firm with an investment perspective that typically involves investing £2-40 million per transaction, CCAG is known for incubating businesses in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments. It looks to create stakeholder value for its portfolio companies by bringing together entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships.
The group is headquartered in London and group has offices in India. The Alpha Hospitals sell-off was preceded by another landmark deal brokered by C&C Alpha for the Abu Dhabi-based VPS Healthcare Group for the first proton beam therapy facility in the UK.
"We will now be looking for new investment opportunities in healthcare and other speciality services in India, which provide a big investment opportunity. The Group plans to invest about Rs 1,500 crore in the healthcare and hospitality sectors over the next 3 to 5 year horizon in India," said CCAG promoter and executive director, Bhanu Choudhrie.
CCAG plans to build on its Indian existence through its wholly-owned Shanti Hospitality which promotes and manages brands in India like Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hyatt Hotels. The group has plans of exploring new business avenues, associations and partnerships for greater outreach in India.
"In hospitality, we have already planned to add about 1,800 rooms in India under three brands - Hyatt, Four Points and Aloft Hotels - to take our total strength to about 3,000 rooms. In addition to this, the C&C Alpha Group is also building a 200-beds super specialty hospital in South Delhi, for which we have already acquired the land", said Choudhrie.
As a private equity investment firm with an investment perspective that typically involves investing £2-40 million per transaction, CCAG is known for incubating businesses in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments. It looks to create stakeholder value for its portfolio companies by bringing together entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships.
The group is headquartered in London and group has offices in India. The Alpha Hospitals sell-off was preceded by another landmark deal brokered by C&C Alpha for the Abu Dhabi-based VPS Healthcare Group for the first proton beam therapy facility in the UK.
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