HIT Consultant April 15, 2024
Fred Pennic

What You Should Know:

ChrysCapital, India’s largest homegrown private equity (PE) firm, is reportedly exploring the sale of GeBBS Healthcare Solutions, a Los Angeles-based healthcare business process outsourcing (BPO) company.

– This comes roughly six years after ChrysCapital acquired GeBBS in 2018. The potential $1 billion valuation reflects a significant increase from the acquisition price in 2018. This transaction could signal ChrysCapital’s strategy of entering a business, nurturing its growth, and then exiting at a healthy profit.

Potential Valuation and Gain for ChrysCapital

Multiple sources familiar with the development suggest a potential valuation of $800M to $1B for GeBBS. This would represent a significant return on investment for ChrysCapital. The firm acquired an...

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