US fund Platinum in Talks to Buy Inventia Health

US fund Platinum in Talks to Buy Inventia Health

US buyout fund Platinum Equity Advisors is reportedly in discussions to buy Inventia Healthcare, a contract drugmaker based in Mumbai. The deal is said to be valued at ₹2,500 crore ($300 million). Existing investors InvAscent Capital and Jacob Ballas, who together own 40% of Inventia Healthcare, are expected to exit their investments as part of the acquisition. Meanwhile, promoter Janak Shah and his family will retain their stake in the company.

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