Chicago, IL/Vellore, India – International investment banking firm, Madison Street Capital (MSC), acted as the exclusive advisor to Pearl Human Care Pvt. Ltd. (“Pearl”) to facilitate its international collaboration with the Henry Ford Health System based in Detroit, Michigan (HFHS). Through the collaboration with Pearl, Henry Ford Health Systems, one of the leading healthcare providers in the United States, will launch its first Henry Ford Licensed Hospital in India at Vellore - introducing globally acclaimed best practices in clinical and medical procedures, and integrating technology and innovation in the healthcare business. The transaction was announced today by Charles Botchway, CEO of Madison Street Capital. The transaction was led by Madison Street Capital Senior Managing Director Jaydip Sinha.
Mr. Jaydip Sinha, Senior Managing Director and head of India operations for Madison Street Capital, feels this is a watershed moment for the healthcare sector in India.
“The collaboration of Henry Ford Health System with our client, Pearl Human Care, to establish a state of the art, technology enabled integrated healthcare system will bring a paradigm shift in the healthcare industry in India,” according to Sinha. “This gives Indian healthcare providers and patients access to global healthcare research missions and breakthrough innovations in emerging and critical care areas.”
“Pearl is delighted to partner with Henry Ford Health System to set up the first of its chain of hospitals starting with Vellore,” explained Mr. G.V.Sampath, Pearl’s Chairman and Managing Director. “We are committed to providing world class health services using state of the art equipment and cutting edge technologies.”
Sampath was impressed by Madison Street Capital’s dedication, expertise, and focus which helped bring the transaction to fruition in such a short amount of time.
“Their knowledge of the space and tireless effort made this a reality. Without their hard work this would not have possible. Congratulations and thanks to the Madison Street Capital team,” Sampath continued. “Their out-of-the-box approach and attention to detail was exemplified by Mr. Sinha and his team.”
The hospital is slated to begin operations in 2018.
About Madison Street Capital, LLC
Madison Street Capital is an international investment banking firm committed to integrity, excellence, leadership and service in delivering corporate financial advisory services, merger and acquisition expertise, financial opinions, and valuation services to publicly and privately held businesses. These services position our clients to succeed in the global marketplace. In undertaking each new project, the client’s goals and objectives become ours, ranging from financial advisory and successful capital raises to M&A transactions to transfers of ownership. Madison Street Capital views emerging markets as the core component driving the global growth of our clients, and will continue to focus significant assets on these markets. Our firm has earned the trust of clients around the world through our unwavering dedication to the highest levels of professional standards. For additional information, please visit our website and follow us on Facebook, Twitter, YouTube and LinkedIn.
About Henry Ford Health System
Founded in 1915 by auto pioneer Henry Ford, Henry Ford Health System is now one of America’s leading health care providers. It is comprised of hospitals, medical centers and one of America’s largest physician group practices, the Henry Ford Medical Group, which includes more than 1,200 physicians practicing in over 40 specialties. The System's flagship, Henry Ford Hospital in Detroit, is a Level 1 Trauma Center recognized for clinical excellence in cardiology, cardiovascular surgery, neurology and neurosurgery, orthopedics, sports medicine, multi-organ transplants and cancer treatment. In 2011 Henry Ford Health System was named a Malcolm Baldrige National Quality Award recipient – America’s highest honor for innovation and performance excellence.
About Pearl Human Care Pvt. Ltd.
Pearl Human Care Pvt. Ltd. is based out of Chennai, India and was formed to deliver sustainable healthcare solutions by integrating technology with the globally acclaimed medical practices and clinical procedures In India. The company aims to be a unique player in the market with the intent of delivering world-class healthcare solutions at an affordable cost to a wider section of the Society. The promoter of Pearl Human Care has been instrumental in building one of the finest education brands called VIT at Vellore near Chennai and has been very successful in other diversified business areas like Export Trading, Infrastructure, Real Estate, and Logistics.