Healthcare

Investment Banking

Avendus’s Healthcare practice leverages deep domain knowledge of pharma industry, healthcare providers and services, significant transaction and operating experience to provide strategic and corporate finance advice to a wide range of clients including growing businesses, large corporate houses and private equity funds. The group’s philosophy on every transaction revolves around senior team attention, hands-on approach and independent advice delivering best-in-class solutions to clients.

Sub-Sectors in Focus

Our mergers and acquisitions (M&A) advisory and private equity (PE) syndication services are recognized as amongst the best in these chosen sub-sectors.

  • Pharmaceuticals - generics/specialty generics, specialty pharmaceuticals, API / CDMO / CRO
  • Healthcare delivery - hospitals, diagnostics, single specialty
  • Medical technology - lifesciences, medical devices, consumables

Led By

Chintan Kothari

Executive Director and Head, Healthcare, Avendus Capital

Chintan Kothari leads the Healthcare vertical for Avendus's investment banking business and is based in Mumbai.

He has an overall 15 years of experience in investment banking where he led healthcare and consumer vertical for Citigroup and prior to that for Rothschild India. Chintan has extensive transaction experience aggregating over USD 10 billion across pharmaceuticals (generics, injectables, branded generics, API and animal health) and healthcare sub-sectors (hospitals, diagnostics and single specialty). This covers a broad spectrum of transactions including both private and public markets. He has advised several large corporates including Pfizer, Sun Pharma, Lupin, Hindustan Unilever, United Spirits, Apollo Hospitals, Fortis, Dr. Lal Pathlabs, Metropolis as well as multiple mid-market family-owned businesses and several global private equity (PE) funds.

Chintan holds an MBA degree from Case Western Reserve University, USA and a Bachelor of Commerce degree from Sydenham College, Mumbai. He is a CFA charter holder.

Transactions

Oct 2018

Value : USD 618 million

Avendus advises Zydus Wellness on acquisition of Heinz India
Aug 2018

Value : Undisclosed

Avendus advises Windlas Healthcare on 51% stake acquisition by Cadila Healthcare
Nov 2017

Value : INR 600 million

Avendus Finance Lends Structured Debt of INR 600 million to promoter family of Krishna Institute of Medical Sciences
Investment Banking
October 2018

Search for the next Indicorn

The stars seemed all aligned for the birth of digital unicorns from India. Let’s call them the Indicorns.

Read Time: 6 minutes
Investment Banking
May 2018

Shifting winds – small towns are the next big frontier for apparel brands

There is a large, significant opportunity in tier 2 and tier 3 cities which no large retailer can afford to ignore.

Read Time: 3 minutes
Investment Banking
June 2018

India’s e-tail revolution to propel packaging industry

India’s e-tail revolution to propel packaging industry: As the e-retail market in India moves towards becoming the new reality, packaging manufacturers will increasingly need to tailor products for on and off the shelf.

Read Time: 3 minutes
Investment Banking
May 2018

Why private equity is well positioned to drive India's new-age economy

With projections of a 7.4% rise in GDP for the coming year (2018-19), it is no wonder that private equity (PE) activity in India has registered a record high as well.

Read Time: 4 minutes
Investment Banking
June 2018

Indian flavours, fragrances and nutraceutical ingredient players to outgrow global peers

India’s specialty chemicals industry is currently valued at nearly USD 25 billion and expected to grow at 11% per annum to reach USD 39 billion by 2021.

Read Time: 5 minutes
Investment Banking
May 2018

A taste of India’s renewable power: the storage slip between the cup and the lip

The renewable energy sector is poised for epochal changes, both in policy and implementation in the years to come.

Read Time: 4 minutes
Investment Banking
July 2018

Are consulting and outsourcing firms gobbling up the pie held by traditional advertising agencies?

As the world is getting more and more digitalized, there’s a battle brewing between consulting & outsourcing firms and traditional advertising agencies.

Read Time: 4 minutes
Credit Solutions
July 2018

Flexible capital: the bridge between debt and equity

Access to quick finance is one of the biggest challenges that entrepreneurs and high growth companies face today.

Read Time: 3 minutes

Reports

Enterprise Technology & Services

Industrials

Get in touch

Connect with us on healthcare@avendus.com and we’ll get in touch with you.