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HCAH, a Delhi NCR-based health-tech company, has acquired Nightingales Home Health Services, a specialty home healthcare service provider, in a share swap deal. The acquisition will further increase HCAH’s geographic footprint in the country.
With this acquisition, Nightingales’ Co-founder and industry stalwart - Vishal Bali (Ex- Group CEO, Fortis Healthcare Ltd and Senior Advisor - TPG Growth) will join HCAH as a shareholder.
This acquisition reinforces HCAH’s position as the country’s largest out-of-hospital care provider in terms of annual revenue size and adds to their vision of improving the Quality of Life of people.
Nightingales Home Health Services brings over two decades of experience and a strong focus on specialty home health care services in chronic diseases including pulmonology, cardiology, neurology, metabolic diseases, orthopedics, geriatrics, and post-operative rehabilitation. Nightingales comes with a team of over 1,000 healthcare professionals, and an established delivery network across 4 metro cities of Bengaluru, Hyderabad, Chennai and Mumbai.
HCAH has raised investments from Burman Family (Promoters of Dabur), Founders of Healthcare at Home UK, Quadria Capital, a Singapore-based healthcare fund and ABC Impact.
