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Fortis Healthcare inks pact to acquire People Tree Hospital in Bengaluru
Dec-20-2025

Fortis Healthcare has signed a definitive agreement for the acquisition of the 125-bedded People Tree Hospital in Yeshwanthpur, Bengaluru (PTHY) by way of a 100% acquisition of TMI Healthcare (TMI Healthcare), the entity under which the PTHY business operations reside. The said acquisition would be undertaken by the company’s wholly-owned subsidiary --International Hospital (IHL). As part of the composite transaction, along with the acquisition of TMI Healthcare, IHL would also acquire the hospital building and the underlying land of PTHY from the promoters of TMI Healthcare and an adjacent land parcel from an independent third party; for a cumulative transaction value of Rs 430 crore (including debt residing with TMI Healthcare).

The acquisition of the adjacent land parcel of around 0.8 acres provides the company a potential to expand bed capacity to 300+ beds. An additional investment of Rs 410 crore is planned over the next 3 years in the facility to further augment bed infrastructure, medical equipment and clinical programs including Radiation Oncology. Basis the current hospital revenues of around Rs 74 crore (FY25), the company believes it has an opportunity to strengthen existing operations; enhance revenues and profitability and simultaneously progress with the planned investment. The transaction is expected to be consummated by end of January 2026.

Fortis Healthcare is an integrated healthcare delivery service provider in Asia. The healthcare verticals of the company span primary care, diagnostics, day care specialty and hospitals, with a healthcare network spanning various countries.

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