Bain Capital Invests $157 Million in Indonesia's Mayapada Healthcare Group
TMTPOST -- U.S.-based private investment firm Bain Capital has invested $157 million in Indonesian private healthcare company Mayapada Healthcare Group, or Sejahteraraya Anugrahjaya Tbk PT, according to a joint statement released on Thursday.
The companies said the investment, made via Bain Capital's special situations strategy, will be used to further develop Mayapada's hospital operations via organic and strategic growth initiatives.
The investment marks Bain Capital's first in Indonesia, Southeast Asia's biggest economy.
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