Kirkland Represents Baring on Financing for Acquisition of Hinduja’s Healthcare Services Business

Kirkland & Ellis advised Baring Private Equity Asia on the debt financing for its acquisition of Hinduja Global Solutions Limited’s healthcare services related business process management unit. The $570 million syndicated senior secured facilities agreement will be used to partially fund the acquisition which is expected to complete later this year. The acquired business has over 20,000 employees across four geographies – India, the Philippines, the US and Jamaica – and recorded revenues of approximately $400 million in FY2021.

Read the Hinduja press release

The Kirkland team was led by debt finance partner Manas Chandrashekar with support from debt finance partners Eric Wedel and Ben Steadman.