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Bain Capital-backed 360 ONE Asset Management Invests in A4 Hospitals

Written by : Aishwarya Sarthe

October 14, 2024

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The investment aims to support the hospital chain’s service expansion, enhance its brand recognition, and strengthen its presence in Tamil Nadu and new markets.

360 ONE Asset Management’s Healthcare Opportunities Fund has signed definitive agreements to invest in A4 Hospitals, a women's healthcare chain based in Tamil Nadu, particularly focused in Chennai. 

The investment aims to support the hospital chain’s service expansion, enhance its brand recognition, and strengthen its presence in Tamil Nadu and new markets.

Founded by healthcare professionals Dr Ashok Kumar and Dr Aruna Ashok, A4 Hospitals is known for offering a wide array of women’s healthcare services. 

Their offerings include fertility treatments including in-vitro fertilization (IVF), maternity care, and comprehensive gynecological services. With eight centers across Chennai and a workforce of over 500, A4 Hospitals has become a key player in the region’s healthcare landscape.

Speaking on the partnership, Dr Kumar said, "We are excited to partner with 360 ONE to bring A4’s unique model of women’s healthcare to more regions. This collaboration will allow us to expand our high-quality services beyond Tamil Nadu while maintaining our core focus on clinical excellence and patient-centric care."

Growth Plans for A4 Hospitals

The funds from 360 ONE’s Healthcare Opportunities Fund will be used to further develop the hospital’s range of services and boost its market presence. 

Furthermore, this growth capital is intended to support A4 Hospitals' vision to expand their operations within Tamil Nadu and venture into newer geographies. The expansion will not only scale up existing services but also improve brand visibility and positioning.

Wodehouse Capital Advisors acted as the sole financial and strategic advisor for the transaction. The firm played a crucial role in facilitating this agreement between 360 ONE Asset Management and A4 Hospitals.

"A4 Hospitals has carved a niche in women's healthcare through rigorous clinical protocols and a patient-first approach. We see significant potential for growth in this sector, and A4's operational excellence aligns with our strategy to invest in high-impact healthcare providers," said a representative from 360 ONE Asset Management. 

360 ONE's Recent Investments

This marks another key healthcare investment for 360 ONE Asset Management, which has also recently invested in Vastu Housing Finance, HearZap, and DailyObjects. 

360 ONE continues to focus on sectors that show long-term growth potential, with healthcare being a priority due to the increasing demand for specialized care in India.

As per their latest annual report, 360 ONE manages Alternative Investment Funds (AIF) with Assets Under Management (AUM) close to $5 billion. These investments reflect the firm’s focus on scaling businesses that deliver high-quality, specialized services to address market needs.

Stay tuned for more such updates on Digital Health News.


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