Apax IX Fund offloads stake in Healthium

An affiliate of the Apax IX Fund, in which Apax Global Alpha is a limited partner, has sold its controlling interest in Healthium MedTech, an India-based medical devices firm.

The deal values AGA's look-through investment in Healthium at approximately €22.7m, representing an uplift of around 23% to the last unaffected valuation and an uplift of €4.3m in the adjusted net asset value of AGA at March 31.

Reporting by Frank Prenesti for Sharecast.com