Tuesday 6 October 2015

C&C Alpha Group Seeks India For Private Equity Investments

After grabbing headlines for the £95m sale of its London hospital chain Alpha Hospitals to Cygnet Healthcare, international private equity firm C&C Alpha Group (CCAG) has positioned India as its next big investment route.

"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 three to five year period in India," said CCAG executive director, Bhanu Choudhrie.




CCAG is known in India by its subsidiary, Shanti Hospitality, which markets, promotes, and manages brands such as Hyatt Hotels, Ananda in the Himalayas (managed by IHHR), Amritara Resorts and Nidra Hotels.  Now, the group is looking to expand its India operations through multi-dimensional partnerships and associations.

"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 firm, CCAG is known for incubating businesses through investments in healthcare, hospitality, real estate, aviation, utilities and agriculture sectors by taking a mid-to-long term view of its investments.

The firm promotes stakeholder value creation for its portfolio companies through strategic collaborations with entrepreneurs, strategy consultants, project managers, and financial analysts for organic growth and strategic partnerships, and its investment cycle that typically involves investing £2-40 million per transaction.

Headquartered in London, the group has ground offices in India. Before the sell-off, its hospital subsidiary Alpha Hospitals was the largest purveyor of behavioural care services for adults and adolescents in the entire England.

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