Investment to help build AIG into one of the largest single location gastric sciences hospital in the world
SINGAPORE-17th November 2015- Quadria Capital has successfully concluded an investment deal in Asian Institute of Gastroenterology (AIG), a leading gastric sciences hospital based in Hyderabad (India). The investment be will be used to facilitate the growth of AIG’s network to over 1,000 beds and provide an integrated state of the art facility for gastric sciences and co-morbid specialties like cardiology, oncology and transplants.
AIG was established in 1994 as a new concept of day care unit for endoscopic surgical procedures. Since then the institute has become one of the largest referral centers in Asia for Therapeutic Endoscopy and has the credit of doing the highest number of ERCP procedures and the first robotic endoscopy in the world.
AIG has a globally acclaimed clinical practice and is amongst the 14 centers to be conferred with OMED (World Endoscopy Organization) recognition. The clinical excellence is supported by its center for research and education which besides performing cutting edge research offers Diplomas and PhD in gastric sciences and trains over 20 doctors annually. This has helped AIG develop a strong referral base for patients not only from other provinces in India but also from surrounding countries like Sri Lanka, Bangladesh, Malaysia, Nepal etc.
AIG will soon commission its state-of-the art 700 bed facility in Gachibowli (Hyderabad) offering the most advanced services in gastric sciences, cardiac sciences and oncology. The hospital, built on the lines of JCI, will be equipped with the most advanced medical infrastructure including amongst other things, cutting edge equipment for gastro, radiation oncology and a robotic OT facility.
Dr. Amit Varma, Managing Partner of Quadria Capital, said:“AIG represents a great opportunity for Quadria to work with a globally acclaimed clinical team and help expand the group to become one of the largest gastric sciences hospital network in the world.”
About Asian Institute of Gastroenterology
Asian Institute of Gastroenterology is a Hyderabad based 300 bed gastric sciences focused hospital. The hospital is renowned for its endoscopy and other gastric sciences procedures. It performs over 5,000 ERCPs yearly, making it the center with the highest turnover in the world. It is Asia’s largest referral centers for gastric sciences and attracts a large pool of patient from countries such as USA, UK, Australia, Singapore, Saudi Arabia, Afghanistan and UAE.
The World Organization of Digestive Endoscopy (OMED) has designated AIG as a center of excellence for Gastrointestinal endoscopy – a honor shared with only few centers in the world.
About Quadria Capital
Quadria Capital is a private equity group based in Singapore and New Delhi investing in the high growth healthcare sectors of some of the world’s fastest growing economies in South Asia and Southeast Asia. To date, Quadria Capital has invested over US$ 900 million in 14 companies across six countries in the region, through three private equity vehicles.
Quadria Capital’s key differentiator is its ability to leverage the deep healthcare operating experience and domain expertise of its team to drive tangible value creation at portfolio companies and help them emerge as regional industry leaders. Quadria Capital seeks to make meaningful, positive impact by increasing access to affordable, high quality healthcare to underserved populations that need it the most. Quadria Capital believes that responsible investment is critical to long term, sustainable value creation in the region, and that its goals of both “doing good” and “doing well” are not just compatible, but in fact mutually reinforcing.
For further information, please visit Quadria’s website at www.quadriacapital.com
Quadria Capital (Singapore)