Kirkland & Ellis advised funds advised by Apax Partners LLP and Healthium MedTech Ltd., a leading Indian medical devices company, on definitive agreements announced today to sell a controlling interest in Healthium to KKR. The acquisition will be made by a special purpose vehicle owned by funds managed by KKR which will acquire a controlling interest in Healthium group, including Healthium. Apax Funds acquired Healthium in 2018 and transformed the company from a domestic suture player into a global medical devices leader, expanding its presence from 50 countries to more than 90 today. The transaction is subject to regulatory approvals and is expected to close in the third quarter of 2024. Terms were not disclosed. Read more in the press release The Kirkland team was led by corporate partners Srinivas Kaushik and Jacob Traff and associate Carmella Crinnion; and debt finance partner Manas Chandrashekar; along with debt finance partner John Curran; and tax partner Alan Walker and associate Hugo Coleman.