American private equity firm Blackstone is exploring the sale of Nucleus Network, Australia’s largest Contract Research Organisation (CRO), with a valuation exceeding A$1 billion (~US$711.6 million). HBI understands that the private equity firm is indeed considering the sale.
Tag Archives: Blackstone
Creditors take Colisée off of EQT
Pan-European French nursing home group Colisée has become so overburdened by its debt that its creditors have insisted on taking control from private equity firm EQT, who has owned it since 2020.
November 27, 2025
Blackstone and TPG acquire women’s health-focused medtech giant Hologic for $18.3 billion
Hologic, a Massachusetts-based medical technology company focused on women’s health, will go private after an $18.3 billion acquisition by American private equity firms Blackstone and TPG. The deal is the largest all-cash medical technology acquisition to date and the biggest go-private healthcare transaction since 2006.
October 23, 2025
India has captured the attention of European and global healthcare investors
India, the world's most populous country, has become a hotspot for healthcare investments, seeing some of the industry's largest recent deals. Activity has been particularly strong in three sectors: hospitals, diagnostics, and digital health.
A large population, a growing middle class, heightened healthcare awareness, and a shortage of quality healthcare infrastructure in urban and tier 2 and 3 cities have made the country a focal point for global investors who now view it as an "extremely attractive investment destination."
December 6, 2024
India’s hospital merger between Aster DM Healthcare and Blackstone-TPG backed Care Hospitals: here’s what we know
On August 9, HBI reported on a potential merger between Aster DM Healthcare, a Dubai-based multinational hospital group with operations in Bengaluru, and Hyderabad-based Care Hospitals, owned by PE firms Blackstone and TPG. If completed the merger may lead to the creation of a new entity — possibly named Aster DM Quality Care Pvt. Ltd. — jointly managed by Aster DM’s promoters and executives from Blackstone and Care Hospitals. Both organisations currently operate approximately 4,000 beds each, with any merged entity commanding a network of over 9,000 beds. Any deal would make the new entity India’s third-largest hospital network, behind only Apollo Hospitals and Manipal Health Enterprises.
September 20, 2024
Blackstone eyes landmark private healthcare merger in India
Aster DM Healthcare, a Dubai-based multinational private hospital group with operations in India’s Bengaluru, is said to be negotiating a merger with Hyderabad's Care Hospitals, one of India’s largest hospital groups. This potential merger could create India’s third largest hospital group.
August 9, 2024
Max Healthcare and KKR left in the race for Care Hospitals in India
India-based hospital group Max Healthcare and PE firm KKR are the bidders still left in the race to acquire another India-based hospital group, Care Hospitals.
March 16, 2023
Blackstone to sell healthcare recruitment arm
Private equity house Blackstone is to sell Integrated Clinical Services, its UK healthcare recruitment operation, according to reliable sources.
January 12, 2014
Report: The UK market for healthcare services outsourcing
The real opportunity over the next two years for the private sector in the UK will be outsourcing community nursing and the functional privatisation of community hospitals, according to PWC. Organisations that can deliver integrated care packages, from community to acute services, will also see opportunities. The market for functional privitisation of acute general hospitals, however, will be limited in the short term.
February 8, 2013
Lukewarm for Labco
French lab group Labco has received about half a dozen offers in its first round. But none are thought to be anywhere near the €1.2bn that 18% shareholder 3i is said to want. EQT, which triggered the process with an unsolicited approach this summer, hasn't bid. Potential buyers tell us that Rothschild has conducted a rather "lackadaisical process" so far.
November 14, 2012
HealthTrust Europe signs with Toyota
Healthcare procurement group HealthTrust Europe (HTE) has appointed Toyota Tsusho as its logistics partner. The company which is owned by HCA Hospitals and its large US procurement arm HealthTrust Purchasing Group (and so by KKR) has also launched CoreTrust Europe which provides procurement to KKR and Blackstone companies across Europe, such as Hilton Hotels and Alliance Boots and is interested in talking to other private equity-backed ventures. We talk to chief executive Jonathan Wedgbury....
February 7, 2012
Vitalia versus Medi-Partenaires
One big French hospital group, Vitalia has just raised around €615m through the debt markets, whilst another, Medi-Partenaires, has raised around €240m by selling seven hospitals to property group Icade. So who got the best deal? We look at the yields and what this tells us about the state of the French market....
