Trivitron Healthcare Eyes $100 Million PE Funding

Medical device maker Trivitron Healthcare is looking for private equity funding to the tune of $100 million. “We will start talking to potential investors in February/March and close the deal in three months,” said Mr G.S.K. Velu, Founder and Managing Director, Trivitron, which is eyeing top private equity investors globally. This is the second time the company is looking for funding; the money will go into its acquisition and capacity expansion. Trivitron is planning capacity expansion at its medical technology park at Irungattukottai, near Chennai. It is also scouting for buys in Europe and the US in cardiac diagnostic imaging.

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