Sahyadri Hospitals is one of Maharashtras leading private hospital chains and is reportedly being sold. Major players including Manipal Hospitals Singapore-based IHH Healthcare Blackstone-owned Quality Care India Max Healthcare KKR & Company and EQT Partners are interested to buy it. These entities have already submitted preliminary bids for the acquisition. According to reports published in The Economic Times initial bids for Sahyadri Hospitals range between Rs 4500 and Rs 5000 crore. The hospital chain is currently owned by the Ontario Teachers’ Pension Plan Board (OTPP) which had acquired it from the Everstone Group in 2022 for Rs 2500 crore. Recently OTPP appointed bankers to initiate the sale process. Sahyadri Hospitals It was established in 1994 by Dr. Charudutt Apte Sadanand Bapat and Nitin Desai. It worked in neurology and neurosurgery. Over the years it expanded and started operating in 11 hospitals across Pune Ahmednagar (renamed Ahilyanagar) and Nashik with around 1200 beds. The group also manages more than 50 lab collection centers with over 4000 staff and collaborates with 2000 doctors. Sahyadri also offers specialized services like maternal and child healthcare and oncology. Its infrastructure is one of the big reasons for buyers to file bids for it. Among the contenders Temasek-backed Manipal Hospitals is reportedly leading the race. Manipal Hospitals is known for acquiring and integrating healthcare facilities across India.