Lokmanya Hospitals

Cognos acted as an exclusive financial advisor to an eye care hospital for its sale to a larger hospital platform

Unaprime healthcare LLP – the SPV floated by Cognos India has invested about 140 Cr to take approximately 70% stake in the Maharashtra based speciality hospital chain – Lokmanya Hospitals.

As part of the transaction, Unaprime has bought out the stake held by the Tata healthcare fund and is infusing primary capital into the Company .

Unaprime Heathcare is backed by reputed domestic LP’s and family offices such as Dr Ravindranath of Global Hospitals, Mr Manpreet Sohal etc.

Mr Manpreet Sohal – a senior healthcare professional who was the regional CEO of global hospitals and has over 3 decades of operating experience including with the likes of Fortis and Max has been appointed as the CEO and has joined the board as the Managing Director. Dr Narendra Vaidya – the founder of the Lokmanya chain will continue to be the Chairman.

Cognos India’s investment banking unit was recently awarded the emerging investment bank of the year award by VC circle .