KKR takes control of 24-hospital Medicover India network

KKR has agreed to acquire Medicover India, the Indian hospital operations of Nasdaq Stockholm-listed Medicover AB, adding a scaled multi-specialty network to its healthcare portfolio.

The transaction will bring 24 hospitals and approximately 4,800 beds across South and West India under KKR’s ownership, subject to regulatory approvals.

Financial terms were not disclosed.

Founded in 2017, Medicover India has expanded rapidly to become one of the more sizeable multi-specialty operators in the country, with over 1,900 doctors and coverage…