HCAH buys nightingales to become largest home healthcare provider

The acquisition of Nightingales will make HCAH India’s largest out-of-hospital care supplier with a presence in eight prime cities and over 3,000 healthcare professionals, with an annual turnover of round ₹200 crore.

The main points of the share swap weren’t disclosed. Nightingales’ co-founder and healthcare business veteran – Vishal Bali will be part of HCAH as a shareholder with the acquisition.

The deal is complementary for HCAH as Nightingales, offers it a pan-India footprint, particularly in South India. Nightingales comes with a staff of over 1,000 healthcare professionals, and a longtime supply community throughout 4 metro cities of Bengaluru, Hyderabad, Chennai and Mumbai. HCAH is robust in North India. Vivek Srivastava, co-founder and CEO of HCAH in an interview to ET mentioned that the acquisition of Nightingales – will assist us go deep, as we wish to be the biggest participant within the markets we function.