- The founder of Sterling Hospitals, Girishbhai Patel has retained a minority stake and will continue to be a mentor to Sterling Hospitals.
- We will soon announce an experienced CEO who has had a long and distinguished record at one of the largest national healthcare chains: Arpwood Partners.
NE HEALTH BUREAU
AHMEDABAD, JUNE 30
Sterling Addlife India Pvt Ltd, which operates the Sterling Hospitals chain of multi-specialty hospitals in Gujarat, has been acquired by a global consortium led by Arpwood Partners. The founder of Sterling Hospitals, Girishbhai Patel has retained a minority stake and will continue to be a mentor to Sterling Hospitals.
Commenting on the new investors in Sterling Hospitals, Girishbhai Patel said, “The partnership with Arpwood is aimed at pursuit of medical excellence at Sterling Hospitals to serve Gujarat. I have high confidence that Arpwood will be a capable new custodian of Sterling’”
Spokesperson for Arpwood Partners said, “Our intent at Sterling Hospitals is to build on its legacy of trust with investments in high-calibre clinical talent, infrastructure upgrade and patient service experience, and deliver quality medical care to patients. We will soon announce an experienced CEO who has had a long and distinguished record at one of the largest national healthcare chains. Incidentally, all the three founders of Arpwood are privileged to have pursued post-graduate studies from Ahmedabad and are pleased to renew their association with the state of Gujarat and with its admirable people.”
